Selective Insurance Group, Inc.

The premium growth remains strong, and we think there's an opportunity to continue to generate some favorable rate there. So I think we feel good about the outlook for that line. On commercial lines, I'm glad you picked up on the point because we continue to see a little bit of sequential improvement in the quarter, and then we also gave you the April number at 5.2%. We didn't put the January number in there. You could solve for it. January is a bigger premium month, but January was 4.5%. So from January to April, it's about a 70 basis point pickup in renewal pure pricing. And I think it really ties into our earlier commentary relative to where the loss trend move is happening. And it is on the shorter tail lines. And that's where we're focusing. So as we go forward, we think there's an opportunity and a need to raise rates on those shorter tail lines to address some of the economic inflation that everybody is fighting here. But again, This is all in the context of really strong margins and very consistent margins and continued strong operating ROEs for selective.

Yeah, that makes sense. Sounds like it's more commercial auto and property-driven than compared to the other kind of liability lines based on what you're saying.

Yes.