Regional P&C insurer selling through independent agents.
Gregory E. Murphy (ex-CEO)
Michael Lanza (EVP & General Counsel)
John J. Marchioni (President, COO)
Mesa Underwriters Specialty Insurance Company (MUSIC)
The Ting device plugs into a wall outlet and monitors electrical activity to detect hazards that could lead to fires.
The proceeds will be used for general corporate purposes.
Full-year guidance points to high single-digit ROE, falling short of the 12% target.
Brennan brings nearly two decades of insurance industry and public company executive experience.
Selective is working to enhance its homeowners' insurance performance by updating terms and conditions.