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Selective Insurance: 2Q Earnings Snapshot

BRANCHVILLE, N.J. (AP) _ Selective Insurance Group Inc. (SIGI) on Wednesday reported second-quarter profit of $72.3 million.

The Branchville, New Jersey-based company said it had net income of $1.21 per share. Earnings, adjusted for investment gains, came to $1.16 per share.

The insurance holding company posted revenue of $708.2 million in the period. Its adjusted revenue was $701.1 million.

Selective Insurance shares have increased 23% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $75.20, a climb of 26% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SIGI at https://www.zacks.com/ap/SIGI