Welcome to our dedicated page for Selective Ins news (Ticker: SIGI), a resource for investors and traders seeking the latest updates and insights on Selective Ins stock.
Selective Insurance Group Inc. (SIGI) provides property-casualty insurance solutions through independent agents, serving businesses and individuals since 1926. This page aggregates official company announcements, financial updates, and operational developments for stakeholders tracking its underwriting strategies and market position.
Access real-time updates on earnings reports, product launches, leadership changes, and risk management innovations. Investors and analysts will find curated press releases detailing commercial insurance expansions, claims management advancements, and technology integrations that shape SIGI's service delivery.
Key updates include quarterly financial results, regulatory filings, partnership announcements with independent agencies, and insights into small business insurance trends. Content is organized chronologically for efficient research, with emphasis on material developments affecting the company's regional operations and specialty lines.
Bookmark this page for streamlined access to Selective Insurance's verified news sources. Check regularly for updates on strategic initiatives that reflect its commitment to disciplined underwriting and customer-centric solutions in the property-casualty sector.
Selective Insurance Group has released a survey revealing that 87% of U.S. drivers engaged in distracted driving behaviors recently. Among parents with children, 80% admit to driving distraction-free only sometimes. Despite 81% of adults expressing concern over distracted driving, 68% still text, 66% reach for items, and 59% talk on the phone while driving. Selective emphasizes the need for awareness and change to enhance roadway safety, launching campaigns to combat this issue.
Selective Insurance Group (NASDAQ: SIGI) announced its first quarter 2021 financial results will be released after market close on April 28, 2021. A conference call is scheduled for April 29, 2021, at 10:00 a.m. ET to discuss these results. The call will be webcast live on the company's website, and a press release along with a financial supplement will also be available post-market close. A replay of the conference call will be accessible from April 29 through May 28, 2021.
Middle Tennessee State University students have won Selective's annual College Competition, which allows aspiring insurance professionals to simulate running an insurance agency. The competition involved eight teams competing in a month-long challenge focused on aspects like customer service, sales, and financial management. The winning MTSU team exhibited exceptional strategic decision-making and business management skills. This initiative highlights Selective's commitment to education in the insurance field, offering students valuable mentorship from industry professionals to better prepare them for future careers.
Selective Insurance Group (NASDAQ: SIGI) will be represented by CEO John J. Marchioni and CFO Mark Wilcox at the Bank of America Securities 2021 Insurance Conference on February 11, 2021, at 9:00 a.m. ET. This event will be streamed live, allowing investors to listen via Selective's Investors page. A replay will be available on the website until May 11, 2021. Selective is recognized for its strong insurance ratings and awards, including being named a Great Place to Work® in 2020.
Selective Insurance Group has launched its annual College Competition, engaging students from eight universities to run virtual insurance agencies. The initiative aims to provide students hands-on experience in the insurance industry, mentorship from professionals, and insights into real-world business challenges. The competition includes teams from universities like Appalachian State and Temple University, with guidance from various independent agents. Notably, the event has expanded to include new schools and mentors, enhancing networking and career opportunities for participants.
Selective Insurance Group (NASDAQ: SIGI) reported strong financial results for Q4 2020, achieving net income of $2.10 per diluted share and a non-GAAP operating income of $1.84 per share. The company noted an 18% return on equity and a combined ratio of 88.1%. Despite challenges from COVID-19, Selective achieved 10% growth in commercial lines premiums and continued its successful relationship with distribution partners. The Board authorized a new $100 million share repurchase program following a $200 million preferred stock offering.
Selective Insurance Group, Inc. (NASDAQ: SIGI) will release its fourth quarter 2020 financial results after market close on January 28, 2021. A conference call is scheduled for January 29, 2021 at 10:00 a.m. ET to discuss these results. The call can be accessed live via Selective's website, and a press release along with a financial supplement will be available on the Investors page post-release. A recording of the call will be accessible from January 29 through February 28, 2021.
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