Donegal

AM Best Revises Outlooks to Stable for Members of Donegal Insurance Group and Donegal Group Inc.

Retrieved on: 
Tuesday, March 30, 2021
Banking, Professional services, Insurance, Finance, Donegal

AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of a of members of Donegal Insurance Group (Donegal Group).

Key Points: 
  • AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of a of members of Donegal Insurance Group (Donegal Group).
  • Concurrently, AM Best has revised the outlook to stable from negative and affirmed the Long-Term ICR of bbb of the publicly traded holding company, Donegal Group Inc. (Delaware) [NASDAQ: DGICA and DGICB].
  • Furthermore, the stable outlooks consider the improved loss reserving trends and the favorable impact on its risk-adjusted capitalization.
  • The FSR of A (Excellent) and the Long Term ICRs of a have been affirmed, with outlooks revised to stable from negative for the following members of Donegal Insurance Group:

Donegal Group Inc. Announces Fourth Quarter 2020 Conference Call and Webcast

Retrieved on: 
Thursday, January 21, 2021
Donegal, Mutual insurance, Insurance, Financial services, Finance

MARIETTA, Pa., Jan. 21, 2021 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) announced that the Company plans to hold a live conference call and webcast on Wednesday, February 24, 2021, at 11:00AM Eastern Time, to discuss its results for the fourth quarter and full year ended December 31, 2020.

Key Points: 
  • MARIETTA, Pa., Jan. 21, 2021 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) announced that the Company plans to hold a live conference call and webcast on Wednesday, February 24, 2021, at 11:00AM Eastern Time, to discuss its results for the fourth quarter and full year ended December 31, 2020.
  • You may listen to the webcast by accessing the event link on the Company's investor website at http://investors.donegalgroup.com .
  • Donegal Mutual Insurance Company and the insurance subsidiaries of Donegal Group Inc. conduct business together as the Donegal Insurance Group.
  • The Donegal Insurance Group has an A.M. Best rating of A (Excellent).

Donegal Insurance Group Announces Appointment of Jeffery T. Hay as SVP and Chief Underwriting Officer

Retrieved on: 
Tuesday, January 19, 2021
Donegal, Mutual insurance, Insurance

MARIETTA, Pa., Jan. 19, 2021 (GLOBE NEWSWIRE) -- The Donegal Insurance Group, which consists of Donegal Mutual Insurance Company and the insurance subsidiaries of Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB), today announced the appointment of Jeffery T. Hay as Senior Vice President and Chief Underwriting Officer.

Key Points: 
  • MARIETTA, Pa., Jan. 19, 2021 (GLOBE NEWSWIRE) -- The Donegal Insurance Group, which consists of Donegal Mutual Insurance Company and the insurance subsidiaries of Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB), today announced the appointment of Jeffery T. Hay as Senior Vice President and Chief Underwriting Officer.
  • Mr. Hay will play a key underwriting oversight role as Donegal continues to expand its underwriting capabilities to maximize the value Donegal provides to its policyholders and independent agents.
  • Kevin G. Burke, President and Chief Executive Officer of Donegal Group Inc., noted, We are excited to welcome Jeff Hay to our senior leadership team.
  • Donegal Mutual Insurance Company and the insurance subsidiaries of Donegal Group Inc. conduct business together as the Donegal Insurance Group.

Donegal Group Inc. Announces Inclusion of Mountain States Insurance Business in Donegal Underwriting Pool

Retrieved on: 
Friday, January 15, 2021
Insurance, Mutual insurance, Donegal, Financial services in the United States, Financial services, Finance, Harleysville Group

Donegal Mutual and its subsidiaries have marketed commercial products in the Southwestern region as the Mountain States Insurance Group (Mountain States) since the May 2017 merger of Mountain States Mutual Casualty Company with and into Donegal Mutual.

Key Points: 
  • Donegal Mutual and its subsidiaries have marketed commercial products in the Southwestern region as the Mountain States Insurance Group (Mountain States) since the May 2017 merger of Mountain States Mutual Casualty Company with and into Donegal Mutual.
  • The inclusion of the Mountain States insurance business in the pooling agreement represents a continuation of the multi-faceted acquisition strategy Donegal Group Inc. has shared with Donegal Mutual over the past 30 years.
  • For policies effective January 1, 2021 and thereafter, Donegal Mutual will include the insurance business of Mountain States in its pooling agreement with Atlantic States Insurance Company (Atlantic States), an insurance subsidiary of Donegal Group Inc. Pursuant to the pooling agreement, Atlantic States has an 80% share of the results of the pooled business.
  • Donegal Mutual Insurance Company and the insurance subsidiaries of Donegal Group Inc. conduct business together as the Donegal Insurance Group.

Donegal Group Inc. Announces Quarterly Dividend

Retrieved on: 
Thursday, December 17, 2020
Financial markets, Finance, Money, Stock market, Equity securities, Economy of New York City, NASDAQ, Dividend, Donegal, Stock, Mutual insurance

MARIETTA, Pa., Dec. 17, 2020 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) reported that its board of directors declared a regular quarterly cash dividend of $.15 per share of the Companys Class A common stock and $.1325 per share of the Companys Class B common stock.

Key Points: 
  • MARIETTA, Pa., Dec. 17, 2020 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) reported that its board of directors declared a regular quarterly cash dividend of $.15 per share of the Companys Class A common stock and $.1325 per share of the Companys Class B common stock.
  • Donegal Mutual Insurance Company and the insurance subsidiaries of Donegal Group Inc. conduct business together as the Donegal Insurance Group.
  • The Donegal Insurance Group has an A.M. Best rating of A (Excellent).
  • The Class A common stock and Class B common stock of Donegal Group Inc. trade on the NASDAQ Global Select Market under the symbols DGICA and DGICB, respectively.

Donegal Group Inc. Announces Third Quarter 2020 Conference Call and Webcast

Retrieved on: 
Thursday, October 1, 2020
Donegal

MARIETTA, Pa., Oct. 01, 2020 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) announced that the Company plans to hold a live conference call and webcast on Thursday, October 29, 2020, at 11:00AM Eastern Time, to discuss its results for the third quarter ended September 30, 2020.

Key Points: 
  • MARIETTA, Pa., Oct. 01, 2020 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) announced that the Company plans to hold a live conference call and webcast on Thursday, October 29, 2020, at 11:00AM Eastern Time, to discuss its results for the third quarter ended September 30, 2020.
  • You may listen to the webcast by accessing the event link on the Company's investor website at http://investors.donegalgroup.com .
  • Donegal Mutual Insurance Company and the insurance subsidiaries of Donegal Group Inc. conduct business together as the Donegal Insurance Group.
  • The Donegal Insurance Group has an A.M. Best rating of A (Excellent).

Donegal Group Inc. Announces Second Quarter 2020 Conference Call and Webcast

Retrieved on: 
Wednesday, July 1, 2020
Donegal

MARIETTA, Pa., July 01, 2020 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) announced that the Company plans to hold a live conference call and webcast on Tuesday, July 28, 2020, at 11:00AM Eastern Time, to discuss its results for the second quarter ended June 30, 2020.

Key Points: 
  • MARIETTA, Pa., July 01, 2020 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) announced that the Company plans to hold a live conference call and webcast on Tuesday, July 28, 2020, at 11:00AM Eastern Time, to discuss its results for the second quarter ended June 30, 2020.
  • You may listen to the webcast by accessing the event link on the Company's investor website at http://investors.donegalgroup.com .
  • Donegal Mutual Insurance Company and the insurance subsidiaries of Donegal Group Inc. conduct business together as the Donegal Insurance Group.
  • The Donegal Insurance Group has an A.M. Best rating of A (Excellent).

Donegal Group Inc. Announces Quarterly Dividend

Retrieved on: 
Wednesday, April 15, 2020
Financial markets, Finance, Money, Stock market, Equity securities, Economy of New York City, NASDAQ, Dividend, Stock, Donegal, Mutual insurance

MARIETTA, Pa., April 15, 2020 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) reported that its board of directors declared a regular quarterly cash dividend of $.15 per share of the Companys Class A common stock and $.1325 per share of the Companys Class B common stock.

Key Points: 
  • MARIETTA, Pa., April 15, 2020 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) reported that its board of directors declared a regular quarterly cash dividend of $.15 per share of the Companys Class A common stock and $.1325 per share of the Companys Class B common stock.
  • Donegal Mutual Insurance Company and the insurance subsidiaries of Donegal Group Inc. conduct business together as the Donegal Insurance Group.
  • The Donegal Insurance Group has an A.M. Best rating of A (Excellent).
  • The Class A common stock and Class B common stock of Donegal Group Inc. trade on the NASDAQ Global Select Market under the symbols DGICA and DGICB, respectively.

Donegal Group Inc. Announces First Quarter 2020 Webcast

Retrieved on: 
Wednesday, April 1, 2020
Donegal

MARIETTA, Pa., April 01, 2020 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) announced that the Company plans to hold a live webcast on Wednesday, April 29, 2020, at 11:00AM Eastern Time, to discuss its results for the first quarter ended March 31, 2020.

Key Points: 
  • MARIETTA, Pa., April 01, 2020 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) announced that the Company plans to hold a live webcast on Wednesday, April 29, 2020, at 11:00AM Eastern Time, to discuss its results for the first quarter ended March 31, 2020.
  • You may listen to the webcast by accessing the event link on the Company's investor website at http://investors.donegalgroup.com .
  • Donegal Mutual Insurance Company and the insurance subsidiaries of Donegal Group Inc. conduct business together as the Donegal Insurance Group.
  • The Donegal Insurance Group has an A.M. Best rating of A (Excellent).

Donegal Group Inc. Announces Change to Virtual Annual Stockholder Meeting

Retrieved on: 
Thursday, March 26, 2020
Donegal

MARIETTA, Pa., March 26, 2020 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) announced today that, in order to avoid health risks associated with the current COVID-19 pandemic, the Company will hold its 2020 annual meeting of stockholders (the Annual Meeting) as a virtual meeting and has canceled the physical meeting the Company had previously announced in its Notice of 2020 Annual Meeting and Proxy Statement with respect to the Annual Meeting.

Key Points: 
  • MARIETTA, Pa., March 26, 2020 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) announced today that, in order to avoid health risks associated with the current COVID-19 pandemic, the Company will hold its 2020 annual meeting of stockholders (the Annual Meeting) as a virtual meeting and has canceled the physical meeting the Company had previously announced in its Notice of 2020 Annual Meeting and Proxy Statement with respect to the Annual Meeting.
  • The Annual Meeting of Donegal Group Inc. will be held on Thursday, April 16, 2020 at 10:00a.m.
  • Stockholders will be able to attend the Annual Meeting, vote and submit questions during the meeting via live webcast by accessing the following link: www.virtualshareholdermeeting.com/DGICA2020 .
  • Donegal Mutual Insurance Company and the insurance subsidiaries of Donegal Group Inc. conduct business together as the Donegal Insurance Group.