SIGI Stock Trading at a Premium to Industry: What Should Investors Do?

Selective Insurance Group, Inc. (SIGI) shares are trading at a premium to the Zacks Property and Casualty Insurance industry. Its price-to-book value of 1.90X is higher than the industry average of 1.49X.Image Source: Zacks Investment ResearchSelective Insurance has a market capitalization of $5.64 billion. The average volume of shares traded in the last three months was 0.3 million.Shares of other property and casualty insurers, such as Palomar Holdings, Inc. (PLMR) and Cincinnati Financial Corporation (CI ...