Selective’s Q3 reserve charge driven by AY 2024 auto losses in New Jersey
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Lines of business
Commercial Lines
Casualty/GL

Selective’s Q3 reserve charge driven by AY 2024 auto losses in New Jersey

By line of business, $35mn of the charge relates to commercial auto and $5mn to personal auto.

By Kyoung-son Song
October 23, 2025
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Selective’s $40mn reserve charge in the third quarter was driven by New Jersey, where the company saw a reacceleration of severity trends in commercial auto liability, CEO John Marchioni told analysts.

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Topics

News Earnings Insurers Selective Commercial lines Regionals Commercial auto Personal auto North America US North East
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