NU Online News Service, May 21, 2:38 p.m. EDT
A.M. Best Co. has revised the outlook for Selective Insurance Group and its seven property-casualty pooling members to negative from stable, citing weakened operating results and sizeable investment losses and impairment charges at year-end 2008.
Branchville, N.J.-based Selective's A plus financial strength rating (FSR) and aa minus issuer credit ratings (ICR) were affirmed.
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