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NEW YORK ( TheStreet) -- Selective Insurance Group (Nasdaq: SIGI) hit a new 52-week low Monday as it is currently trading at $12.57, below its previous 52-week low of $12.60 with 174,667 shares traded as of 1:54 p.m. ET. Average volume has been 245,200 shares over the past 30 days. Selective Insurance Group has a market cap of $729.1 million and is part of the financial sector and insurance industry. Shares are down 28.1% year to date as of the close of trading on Friday. Selective Insurance Group, Inc., together with its subsidiaries, provides property and casualty insurance products in the United States. The company operates in two segments, Insurance Operations and Investments. The company has a P/E ratio of 11.1, below the average insurance industry P/E ratio of 11.4 and below the S&P 500 P/E ratio of 17.7.