AM Best confirms Selective Insurance Group's A+ Financial Strength Rating and stable outlook, highlighting strong capitalization, underwriting profitability, and risk management in its insurance operations.

Q3 2024 earnings reveal mixed performance among U.S. property & casualty insurers with notable growth in tech-enabled firms like Lemonade and Root, contrasted by declines at Selective Insurance. Market conditions and Fed monetary policy shape sector outlook.

Wole Coaxum resigns from Selective Insurance Group's Board of Directors to focus on other professional priorities. The insurer maintains a strong strategic vision and reputation in the property and casualty market.