Daily Digest: Top news from July 19
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Daily Digest: Top news from July 19

A quick round-up of today’s need-to-know news, including the Microsoft outage and Travelers' results.

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Selective stock falls 15% after unfavorable Q2 reserve development

Selective Insurance Group’s share price fell 15% on Friday morning after the company reported $176mn of unfavorable prior-year casualty reserve development, which increased the combined ratio by 16.3

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