Selective Insurance News

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People Moves: Velocity CEO Rothfuss to Join Selective Insurance

Oct 27 2026 // Selective Insurance Group Inc., headquartered in Short Hills, New Jersey, hired Jacob E. “Jake” Rothfuss as executive vice president and president, standard lines. Rothfuss will lead Selective’s standard...

People Moves: Selective Insurance Names Kalia Chief Investment Officer

Oct 9 2026 // Vaib Kalia Selective Insurance Group Inc., headquartered in Short Hills, New Jersey, appointed Vaibhav (Vaib) Kalia as executive vice president and chief investment officer. Kalia has served as interim chief investment...

Net Income at Selective Insurance Drops on Unfavorable Casualty Reserve Development

Feb 24 2025 // Selective Insurance Group reported a 24% drop in fourth-quarter 2024 net income as its chief executive admitted the year did “not meet expectations.” Fourth-quarter net income was $93.2 million compared to...

Net Income at Selective Insurance Drops on Unfavorable Casualty Reserve Development

Jan 30 2025 // Selective Insurance Group reported a 24% drop in fourth quarter 2024 net income as its chief executive admitted the year did “not meet expectations.” Fourth quarter net income was $93.2 million compared to...

Selective Insurance CFO Wilcox Resigns; Harnett Named Interim

Oct 4 2023 // Selective Insurance Group said its chief financial officer, Mark Wilcox, has resigned to hold the same position elsewhere. Wilcox, also executive vice president, will leave Nov. 3. He will continue in the CFO role until...

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