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Donegal Group Inc - $DGICA STOCK NEWS

Welcome to our dedicated page for Donegal Group news (Ticker: $DGICA), a resource for investors and traders seeking the latest updates and insights on Donegal Group stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Donegal Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Donegal Group's position in the market.

Rhea-AI Summary

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of Donegal Insurance Group members and Donegal Group Inc. The ratings reflect the strong balance sheet, adequate operating performance, neutral business profile, and appropriate enterprise risk management. Donegal Group's stable outlook is supported by factors like risk-adjusted capitalization, loss reserving trends, conservative investment portfolio, and reinsurance program. Management initiatives aim to improve underwriting performance. The group's geographic diversification and strategic acquisitions contribute to its neutral business profile. Donegal Group demonstrates appropriate enterprise risk management through a formal risk management process and reinsurance treaties. Despite volatile underwriting results, the group's performance aligns with industry averages.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.15%
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none
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Rhea-AI Summary
Donegal Group Inc. reported its financial results for the first quarter of 2024, showing positive growth in net premiums earned and written, an increase in net income, and a rise in book value per share. The company's management emphasized strategies for new business growth, underwriting performance enhancement, and expense management. Despite challenges like weather-related losses and large fire losses impacting underwriting profitability, Donegal Group remains committed to achieving sustained financial performance and profitable growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.07%
Tags
-
Rhea-AI Summary
Donegal Group Inc. (NASDAQ:DGICA) announces an increase in its quarterly dividend, with a regular cash dividend of $0.1725 per share for Class A common stock and $0.155 per share for Class B common stock. The dividends, payable on May 22, 2024, represent a 1.5% increase for Class A and 1.6% increase for Class B compared to the previous quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.94%
Tags
dividends
Rhea-AI Summary
Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) will release its first-quarter results on April 25, 2024. The company will provide an investor presentation and a pre-recorded audio webcast with management commentary.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.15%
Tags
-
Rhea-AI Summary
Donegal Group Inc. (NASDAQ:DGICA) reported financial results for Q4 and full year 2023. Net premiums earned increased, but net loss was reported for Q4. Full-year net income improved. The combined ratio increased slightly. Expense ratio rose due to technology costs. Investment income grew, with net investment gains reported.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.35%
Tags
-
Rhea-AI Summary
Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) will release its Q4 and full-year 2023 results on February 22, 2024. The company will provide an investor presentation and a pre-recorded audio webcast featuring management commentary. Questions for the Q&A session can be submitted via email by February 15, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.07%
Tags
Rhea-AI Summary
Donegal Insurance Group (NASDAQ:DGICA) appoints Dan DeLamater as Executive Vice President and Chief Operating Officer, with Noland Deas succeeding him as Senior Vice President of Field Operations & National Accounts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.29%
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none
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Rhea-AI Summary
Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) declared a regular quarterly cash dividend of $0.17 per share for Class A common stock and $0.1525 per share for Class B common stock. The dividends are payable on February 15, 2024, to stockholders of record as of February 1, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.22%
Tags
dividends
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Rhea-AI Summary
Donegal Group Inc. reports financial results for Q3 and first nine months of 2023. Net loss of $0.8 million, net premiums earned increased 8.9%, combined ratio improved to 104.5%. Book value per share at $14.26.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.69%
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none
Rhea-AI Summary
Donegal Group Inc. declares quarterly cash dividend
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.98%
Tags
dividends
Donegal Group Inc

Nasdaq:DGICA

DGICA Rankings

DGICA Stock Data

446.14M
16.18M
1.4%
77.91%
0.76%
Direct Property and Casualty Insurance Carriers
Finance and Insurance
Link
United States of America
Marietta

About DGICA

the donegal insurance group consists of donegal mutual insurance company, atlantic states insurance company, southern insurance company of virginia, le mars insurance company, the peninsula insurance company, peninsula indemnity company, sheboygan falls insurance company, southern mutual insurance company and michigan insurance company. we are proud of our heritage, which spans 125 years in the insurance business.