Selective Insurance has filed to withdraw its condominium and community association directors and officers liability program in Georgia.
The insurer described the product as a legacy program that is no longer current with the market or the coverage needs associated with condo D&O risks. Only two policyholders remain, representing $1,055 in premium, and Selective plans to non-renew both policies at the end of their current terms.
The withdrawal applies to Selective Insurance Company of America, Selective Insurance Company of South Carolina, Selective Insurance Company of the Southeast and Selective Way Insurance Company. Agents will assist the affected policyholders in finding alternative coverage. The filings request an effective date upon approval.

