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19 Jul, 2024
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Selective Insurance Group Inc. engages in the provision of insurance products and services. It operates through the following segments: Standard Commercial Lines, Standard Personal Lines, Excess and Surplus Lines and Investments. The Standard Commercial Lines segment offers commercial and personal property and casualty insurance, including risks associated with workers' compensation, general liability, commercial automobile coverage, business owners' policies, inland marine coverage for mobile property, specialized programs for high-hazard industries including artisan contractors and propane dealers, and specialty coverages for small commercial businesses. The Standard Personal Lines segment offers homeowners coverage for fire, windstorms and hail, burglary, personal liability protection of homeowners' legal obligations to others due to bodily injury or property damage arising out of premises; watercraft liability protection; owner's policies on new land transfer titles pursuant to title insurance requirements; motor vehicle coverages including personal auto physical damage; extended service contracts; guaranteed asset protection (GAP) coverage on new automobile loans; private passenger personal auto physical damage coverages including personal umbrella liability protection excess of underlying policies written by other companies.