{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-064709","form_type":"8-K","ticker":"SIGI","cik":"0000230557","company_name":"SELECTIVE INSURANCE GROUP INC","filed_at":"2025-07-01T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.988341+00:00","generated_at":"2026-05-18T10:57:03.229262+00:00","sec_items":["1.01","1.02","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"confidence":"high","headline":"Selective Insurance Group enters new $100M revolving credit facility, replaces $50M prior facility","bullets":["New $100M revolver matures June 30, 2028; can be increased to $200M with lender consent.","Prior $50M facility (due Nov 2025) terminated upon effectiveness; no penalties incurred.","Interest rate indexed to SOFR or base rate plus margin tied to Selective's debt rating.","Includes financial covenants: minimum consolidated net worth and max debt-to-capitalization ratio."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-064709","json":"https://secwatch.observer/filing/0001104659-25-064709.json","markdown":"https://secwatch.observer/filing/0001104659-25-064709.md","text":"https://secwatch.observer/filing/0001104659-25-064709.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/230557/000110465925064709/0001104659-25-064709-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/230557/000110465925064709/tm2519506d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T10:57:03.229262+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4b4a7d81863a016df9ade96e4da96bc6758f79e2","claim":"SELECTIVE INSURANCE GROUP INC incurred revolving credit of $100 million with Wells Fargo Bank, National Association at base rate or SOFR plus margin maturing June 30, 2028.","evidence_excerpt":"Under the Agreement, the Lenders have agreed to provide Selective with a $100 million revolving credit facility, which can be increased to $200 million with the consent of the Lenders. The Agreement will mature on June 30, 2028.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/230557/000110465925064709/0001104659-25-064709-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$100 million"},{"label":"Counterparty","value":"Wells Fargo Bank, National Association"},{"label":"Rate","value":"base rate or SOFR plus margin"},{"label":"Maturity","value":"June 30, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}