B
Selective Ins Co (New England)
Rating Date
October 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Loss
Ratio
Total
Assets
Capital
Net
Premiums
Net
Income
Auto Physical Damage
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
1,048
456
1,504
30.32%
23.31%
2023
1,100
444
1,544
28.76%
22.83%
2022
963
418
1,381
30.27%
23.10%
2021
910
387
1,297
29.84%
22.81%
2020
789
289
1,078
26.81%
21.51%
2019
912
320
1,232
25.97%
22.66%
Commercial Auto Liability
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
272
154
426
36.15%
47.45%
2023
271
136
407
33.42%
47.29%
2022
257
132
389
33.93%
45.44%
2021
253
118
371
31.81%
44.40%
2020
228
84
312
26.92%
42.45%
2019
284
104
388
26.80%
44.33%
Commercial Multiple Peril
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
75
53
128
41.41%
41.74%
2023
69
49
118
41.53%
38.64%
2022
63
44
107
41.12%
39.39%
2021
66
46
112
41.07%
40.41%
2020
69
98
167
58.68%
48.09%
2019
58
44
102
43.14%
43.30%
Homeowners & Farmowners
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
159
41
200
20.50%
39.58%
2023
159
44
203
21.67%
36.96%
2022
127
40
167
23.95%
37.07%
2021
134
49
183
26.78%
39.17%
2020
195
65
260
25.00%
35.42%
2019
126
57
183
31.15%
35.34%
Other Liability: Claims Made
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
2
10
12
83.33%
81.44%
2023
2
8
10
80.00%
74.87%
2022
2
7
9
77.78%
72.69%
2021
2
7
9
77.78%
79.01%
2020
2
10
12
83.33%
80.13%
2019
1
5
6
83.33%
77.47%
Other Liability: Occurrence
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
67
97
164
59.15%
12.32%
2023
72
103
175
58.86%
16.34%
2022
69
101
170
59.41%
11.13%
2021
65
87
152
57.24%
18.93%
2020
59
72
131
54.96%
20.93%
2019
66
87
153
56.86%
16.90%
Private Passenger Auto Liability
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
101
52
153
33.99%
45.22%
2023
102
49
151
32.45%
44.64%
2022
83
42
125
33.60%
46.15%
2021
86
39
125
31.20%
46.87%
2020
85
28
113
24.78%
43.90%
2019
123
34
157
21.66%
42.09%
Product Liability: Occurrence
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
11
18
29
62.07%
63.97%
2023
10
17
27
62.96%
62.55%
2022
10
16
26
61.54%
56.52%
2021
10
16
26
61.54%
62.74%
2020
8
16
24
66.67%
61.51%
2019
10
19
29
65.52%
70.02%
Workers' Compensation
Year
Claims Received and Closed
Claims Closed without Payment
Total Claims Received and Closed
Percentage of Claims Closed without Payment
Percentage of Claims Closed without Payment
National Average
2024
132
42
174
24.14%
35.33%
2023
127
44
171
25.73%
35.67%
2022
124
53
177
29.94%
37.14%
2021
126
46
172
26.74%
35.46%
2020
118
37
155
23.87%
33.86%
2019
153
51
204
25.00%
34.01%