Welcome to our dedicated page for Donegal Group news (Ticker: DGICB), a resource for investors and traders seeking the latest updates and insights on Donegal Group stock.
Donegal Group Inc (DGICB) provides property & casualty insurance solutions through its network of regional subsidiaries. This news hub offers investors and stakeholders direct access to the company's official communications and market developments.
Track DGICB's strategic initiatives with verified press releases spanning underwriting updates, leadership changes, and financial results. Our curated collection includes filings related to personal/commercial lines performance, investment portfolio management, and regulatory compliance matters.
Key coverage areas feature product expansions, risk management innovations, and partnership announcements. All content maintains strict adherence to financial disclosure standards, ensuring reliable information for investment research and industry analysis.
Bookmark this page for streamlined access to Donegal Group's latest corporate communications. Combine historical context with current developments to better understand this 125-year insurance provider's market position.
Donegal Group Inc. (NASDAQ: DGICA) reported strong Q1 2025 financial results with significant improvements across key metrics. Net income surged to $25.2 million ($0.71 per diluted Class A share), up from $6.0 million in Q1 2024. The company achieved a combined ratio of 91.6%, improving from 102.4% year-over-year.
Net premiums earned increased 2.2% to $232.7 million, while net premiums written declined 1.7%. Commercial lines saw a 3.3% growth in premiums written, offset by a 9.9% decrease in personal lines. The loss ratio improved to 56.7% from 66.3%, with core loss ratio decreasing to 54.2%.
Book value per share increased to $16.24 at March 31, 2025, compared to $14.53 year-over-year. The company's annualized return on average equity reached 17.8%, up from 4.9% in Q1 2024.
Donegal Group (NASDAQ: DGICA, DGICB) has announced an increase in its quarterly cash dividend payments. The company's board of directors declared dividends of $0.1825 per share for Class A common stock and $0.165 per share for Class B common stock, representing increases of 5.8% and 6.5% respectively from previous quarterly rates. The dividends will be paid on May 15, 2025, to stockholders of record as of the close of business on May 1, 2025.
Donegal Group Inc. (NASDAQ: DGICA, DGICB) has scheduled the release of its first quarter 2025 financial results for Thursday, April 24, 2025, before NASDAQ's regular trading hours. The company will simultaneously publish a supplemental investor presentation on its website.
A pre-recorded audio webcast featuring management commentary will be available at approximately 8:30 am ET on the same day, including presentations from CEO Kevin Burke, CFO Jeffrey Miller, and other senior management members. Investors can submit questions for the Q&A session via email to investors@donegalgroup.com by April 10, 2025, 5:00 pm ET.
Donegal Group Inc. (NASDAQ:DGICA) reported strong financial results for Q4 and full year 2024. In Q4, net premiums earned increased 4.6% to $236.6 million, with a combined ratio of 92.9% compared to 106.8% in Q4 2023. Net income reached $24.0 million ($0.70 per diluted Class A share), versus a net loss of $2.0 million in Q4 2023.
For full year 2024, net premiums earned grew 6.2% to $936.7 million, with a combined ratio of 98.6% versus 104.4% in 2023. Annual net income was $50.9 million ($1.53 per diluted Class A share), up from $4.4 million in 2023. Book value per share increased to $15.36 from $14.39 at year-end 2023.
The company's loss ratio improved significantly in Q4 2024 to 59.8% from 72.1% in Q4 2023, while weather-related losses decreased to $7.7 million from $13.4 million year-over-year. Net investment income grew 12.5% to $12.1 million in Q4 2024.
Donegal Group Inc. (NASDAQ: DGICA, DGICB) has announced it will release its fourth quarter and full-year 2024 results on Thursday, February 20, 2025, before NASDAQ's regular trading hours. The company will provide a supplemental investor presentation on its website concurrent with the earnings release.
A pre-recorded audio webcast featuring management commentary will be available at approximately 8:30 am ET on the same day, including presentations from CEO Kevin Burke, CFO Jeffrey Miller, and other senior management team members. Investors can submit questions for the Q&A session via email to investors@donegalgroup.com by February 13, 2025, at 5:00 pm ET.
Donegal Group (NASDAQ:DGICA, DGICB) has announced its regular quarterly cash dividend declaration. The company's board of directors approved a dividend of $0.1725 per share for Class A common stock and $0.155 per share for Class B common stock. These dividends will be paid on February 18, 2025, to stockholders of record as of the close of business on February 4, 2025.
Donegal Group Inc. (DGICA) reported strong financial results for Q3 2024, with net income of $16.8 million ($0.51 per diluted Class A share), compared to a net loss in Q3 2023. The company achieved a 6.0% increase in net premiums earned to $238.0 million and improved its combined ratio to 96.4% from 104.5%. Key highlights include a 6.4% growth in commercial lines and 5.4% growth in personal lines net premiums written. Despite higher-than-average weather-related losses from Hurricane Helene, core loss ratios improved across all major business lines, reflecting successful underwriting initiatives and rate increases.
Donegal Group Inc. (NASDAQ:DGICA and NASDAQ:DGICB) has announced its regular quarterly cash dividend. The board of directors has declared a dividend of $0.1725 per share for Class A common stock and $0.155 per share for Class B common stock. These dividends will be paid on November 15, 2024 to stockholders of record as of the close of business on November 1, 2024. This announcement demonstrates Donegal Group's commitment to providing regular returns to its shareholders.
Donegal Group Inc. (NASDAQ:DGICA and NASDAQ:DGICB) has announced the release date for its third quarter 2024 results. The company plans to disclose these results on Thursday, October 24, 2024, before the NASDAQ Stock Market opens for regular trading. Alongside the earnings press release, Donegal Group will provide a supplemental investor presentation in the Investors section of its website at investors.donegalgroup.com.
At approximately 8:30 am ET on the same day, the company will make available a pre-recorded audio webcast featuring management commentary. This webcast will include remarks from Kevin Burke, President and CEO; Jeffrey Miller, Executive VP and CFO; and select members of the senior management team. A pre-recorded Q&A session will follow the formal remarks. Investors can submit questions for consideration via email to investors@donegalgroup.com by 5:00 pm ET on Thursday, October 10, 2024.
Donegal Group Inc. (NASDAQ: DGICA) reported its Q2 and H1 2024 financial results. Key highlights include:
- Net income of $4.2 million ($0.13 per diluted Class A share) in Q2 2024, up from $2.0 million ($0.06 per share) in Q2 2023
- Net premiums earned increased 8.3% to $234.3 million
- Net premiums written grew 9.1% to $247.2 million
- Combined ratio improved to 103.0% from 104.7%
- Book value per share of $14.48 as of June 30, 2024
The company achieved strong growth in both commercial and personal lines, with net premiums written increasing 7.1% and 12.1% respectively. Weather-related losses were higher than average, but expense reduction initiatives helped improve the expense ratio. Donegal Group continues to focus on profitable growth and executing strategic initiatives to enhance financial performance.
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