| Business Summary | | Selective
Insurance
Group,
Inc.
is
a
regional
insurance
holding
company
that,
through
its
subsidiaries,
offers
a
broad
range
of
commercial
insurance
and
alternative
risk
management
products
to
small
and
medium-sized
businesses
and
government
entities.
The
Company
offers
its
products
through
over
900
independent
agents
in
20
northeastern,
southeastern
and
midwestern
states.
The
Company
writes
business
in
the
states
of
Connecticut,
Delaware,
Georgia,
Illinois,
Indiana,
Iowa,
Kentucky,
Maryland,
Michigan,
Minnesota,
Missouri,
New
Jersey,
New
York,
North
Carolina,
Ohio,
Pennsylvania,
Rhode
Island,
South
Carolina,
Virginia,
Wisconsin
and
Washington
D.C.
The
Company
has
classified
its
business
into
three
operating
segments:
Insurance
Operations
(Commercial
Lines
and
Personal
Lines
underwriting),
Investments
and
Diversified
Insurance
Services. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Selective
Insurance
Group
is
an
insurance
holding
company
that
provide
a
broad
range
of
cmmercial
insurance
and
alternative
risk
management
products,
to
small-to
medium-sized
businesses,
government
entities,
individuals
and
fmailies.
For
the
six
months
ended
6/30/01,
revenues
rose
7%
to
$524.6
million.
Earnings
rose
23%
to
$17.2
million.
Revenues
reflect
an
increase
in
premiums
renewed
and
new
business.
Earnings
reflect
lower
underwriting
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Gregory Murphy, 44 Chairman,
Pres, CEO | $570K | Thornton Land, 59 Exec.
VP- Admin. and Gen. Counsel | 339K | James Coleman, Jr., 41 Exec.
VP, Diversified Insurance Services | 301K | Jamie Ochiltree, III, 47 Exec.
VPExec. VP, Insurance Operations | 338K | Dale Thatcher Sr.
VP, CFO | -- | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|