0001171843-17-007658.txt : 20171213 0001171843-17-007658.hdr.sgml : 20171213 20171213163600 ACCESSION NUMBER: 0001171843-17-007658 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20171213 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20171213 DATE AS OF CHANGE: 20171213 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SELECTIVE INSURANCE GROUP INC CENTRAL INDEX KEY: 0000230557 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 222168890 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33067 FILM NUMBER: 171254221 BUSINESS ADDRESS: STREET 1: 40 WANTAGE AVENUE CITY: BRANCHVILLE STATE: NJ ZIP: 07890 BUSINESS PHONE: 9739483000 MAIL ADDRESS: STREET 1: 40 WANTAGE AVE STREET 2: 40 WANTAGE AVE CITY: BRANCHVILLE STATE: NJ ZIP: 07890 FORMER COMPANY: FORMER CONFORMED NAME: SRI CORP DATE OF NAME CHANGE: 19860508 8-K 1 f8k_121317.htm FORM 8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT PURSUANT

TO SECTION 13 OR 15(D) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

 

Date of Report (Date of earliest event reported) December 13, 2017
 
 
SELECTIVE INSURANCE GROUP, INC.
(Exact name of registrant as specified in its charter)
 
 
New Jersey 001-33067 22-2168890
(State or other jurisdiction of
incorporation)
(Commission File Number) (I.R.S. Employer Identification No.)
   
40 Wantage Avenue, Branchville, New Jersey 07890
(Address of principal executive offices) (Zip Code)
   
Registrant's telephone number, including area code (973) 948-3000
 
Not Applicable
(Former name or former address, if changed since last report.)
       

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company  ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 
 

 

Section 5 – Corporate Governance and Management

 

Item 5.02.Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

(d)       Election of Director

 

Effective January1, 2018, the Board of Directors (the “Board”) of Selective Insurance Group, Inc. (the “Company”) elected Thomas A. McCarthy to the Board of the Company to serve until the 2018 annual meeting of stockholders of the Company. Mr. McCarthy has been appointed to the Audit Committee and the Finance Committee of the Board.

 

A copy of the Company's press release announcing Mr. McCarthy's election to the Company's Board is attached as Exhibit 99.1 to this report and is incorporated herein by reference.

 

 

Section 9 – Financial Statements and Exhibits

 

Item 9.01.Financial Statements and Exhibits.

 

(d)       Exhibits

 

99.1Press Release of Selective Insurance Group, Inc. dated December 13, 2017

 

 

 

 

 

 

 
 

 

EXHIBIT INDEX

 

Exhibit No. Description
99.1 Press Release of Selective Insurance Group, Inc. dated December 13, 2017

 

 

 

 

 

 

 

 

 

 

 
 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  SELECTIVE INSURANCE GROUP, INC.
       
       
       
Date:  December 13, 2017 By:  /s/ Michael H. Lanza  
    Michael H. Lanza  
    Executive Vice President and General Counsel

 

 

 

 

 

 

 

 

 

 

 

 

 

 

EX-99.1 2 exh_991.htm EXHIBIT 99.1

Exhibit 99.1

 

 

Selective Insurance Group, Inc.
40 Wantage Avenue
Branchville, NJ 07890
www.selective.com

 

 

 

FOR IMMEDIATE RELEASE

 

Media Contact: Jamie Beal   Investor Contact: Rohan Pai
973-948-1234, jamie.beal@Selective.com   973-948-1364, rohan.pai@Selective.com

 

 

Selective Appoints Thomas A. McCarthy as New Director

 

Branchville, NJ – December 13, 2017 – Selective Insurance Group, Inc. (NASDAQ: SIGI) announced today that Thomas A. McCarthy has been elected to its Board of Directors, effective as of January 1, 2018. Mr. McCarthy, Cigna Corporation’s former executive vice president and chief financial officer, is an independent director.

 

Mr. McCarthy, who is 61, retired from Cigna in June 2017 after more than 30 years with the company. As chief financial officer from 2013 to 2017, Tom was responsible for all of Cigna’s financial operations, investment management, and strategic planning during a period of increasing economic and regulatory complexity. Prior to his promotion to chief financial officer, he served as vice president of finance and treasury, tax, strategy, corporate development, and run-off insurance. Mr. McCarthy also was a financial executive with Kemper Corporation and USAA previously in his career.

 

“We are delighted to have Tom join Selective’s Board. He has a wealth of insurance, corporate strategy, and finance experience in a Fortune 100 company,” said Lead Independent Director J. Brian Thebault.

 

Chairman and CEO Gregory E. Murphy stated, “As we continue to outperform the industry, Tom will play a key role in contributing to Selective’s overall corporate strategies. In particular, we think his deep knowledge of customer experience, agents, investments, and capital management will be an immediate and significant asset to Selective’s Board.”

 

A resident of Pennsylvania, Mr. McCarthy holds a B.S. from the University of Pennsylvania and an M.B.A. from Carnegie Mellon University.

 

Selective Insurance Group, Inc. is a holding company for ten property and casualty insurance companies rated “A” (Excellent) by A.M. Best. Through independent agents, the insurance companies offer standard and specialty insurance for commercial and personal risks, and flood insurance underwritten by the National Flood Insurance Program. Selective maintains a website at www.Selective.com.

 

 

 

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