Donegal Group Inc.'s SEC filings document regulatory disclosures for a property and casualty insurance holding company with Class A common stock under DGICA and Class B common stock under DGICB. Recent Form 8-K reports furnish earnings press releases, financial condition disclosures, dividend announcements and other corporate communications related to the company's insurance operations and capital returns.
Proxy and annual-meeting filings describe board elections, director terms, stockholder voting results and governance matters for the company's dual common-stock structure. The filings also identify the insurance subsidiaries and affiliates that operate with Donegal Mutual Insurance Company as the Donegal Insurance Group.
Donegal Group Inc. is soliciting proxies for its virtual 2026 annual meeting on April 16, 2026, where stockholders will vote on electing directors, an advisory say-on-pay proposal, and ratifying KPMG LLP as auditor for 2026. The meeting will be held online only, with voting available by mail, phone, internet, or during the webcast.
Donegal Mutual Insurance Company owns about 44.3% of Class A shares and 85.2% of Class B shares, representing roughly 70% of combined voting power, so management’s proposals and board nominees are expected to be approved. For 2025, total revenues were $978.0 million versus $989.6 million in 2024, while net income rose to $79.3 million from $50.9 million. Diluted Class A earnings per share increased to $2.18 from $1.53, and the Class A share price ended 2025 at $19.98, up from $15.47. Executive bonuses reflected underwriting results and return on equity, and the company shifted its long-term equity compensation from stock options to restricted stock units beginning January 1, 2026.
Donegal Group Inc. is a regional property and casualty insurance holding company whose subsidiaries write commercial and personal lines across 21 states, with business concentrated in Pennsylvania and Michigan. Operations are closely integrated with Donegal Mutual, which holds about 70% of the combined voting power.
The company emphasizes underwriting discipline, reinsurance protection and technology-driven efficiency. Net premiums written in 2025 were $904.8 million, with commercial lines representing 62.3% and personal lines 37.7%. The GAAP combined ratio improved to 95.4% in 2025, matching or bettering industry statutory results in recent years.
Investment portfolios are conservatively positioned, with $1.42 billion in fixed maturities at December 31, 2025, 96.4% of which were investment grade, and a 2025 investment yield of 3.6%. Reserve releases from prior accident years totaled $10.3 million in 2025. The group maintains strong regulatory capital and an A (Excellent) rating from A.M. Best, and its insurance subsidiaries could pay up to $66.4 million of ordinary dividends to the holding company in 2026 without prior regulatory approval.
Donegal Mutual Insurance Co, a 10% owner of Donegal Group Inc, reported an open-market purchase of 9,000 shares of Class A Common Stock at $17.628 per share on March 3, 2026. After this trade, it holds 13,937,704 Class A shares and 4,751,974 Class B shares directly.
DONEGAL GROUP INC executive William Daniel Delamater, EVP & Chief Operating Officer, exercised options for 9,000 shares of Class A Common Stock at $14.39 per share and on the same day sold 9,000 shares at $17.628 per share. After these transactions, he directly owned 2,012 Class A shares.
DONEGAL GROUP INC director Jack Lee Hess reported a small insider transaction under the company’s Dividend Reinvestment Plan. On this Form 4, a plan-related transaction involving 16 shares of Class A Common Stock at $19.13 per share was recorded as an “other acquisition or disposition.” Following this activity, Hess directly held a total of 122,145 Class A shares.
Donegal Group Inc. senior vice president and chief investment officer Vincent Anthony Viozzi reported an "other" transaction in Class A common stock. On February 17, 2026, a dividend reinvestment-related move in his 401(k) Plan involved 30 shares at $19.02 per share, held indirectly.
Following this transaction, his indirect 401(k) holdings in Class A common stock were 3,166 shares. He also reported 8,143 shares of Class A common stock held directly, with no specific change in that direct position detailed here.
Donegal Group Inc. senior vice president and chief information officer Sanjay Pandey reported an "other" transaction involving 270 shares of Class A common stock in a 401(k) Dividend Reinvestment Plan at $19.02 per share. After this, indirect holdings were 28,511 shares, and direct holdings were 8,292 shares of Class A common stock.
Donegal Group Inc.’s EVP & Chief Financial Officer Jeffrey Dean Miller reported an “other” transaction in Class A common stock through a 401(k) Dividend Reinvestment Plan. The plan credited 396 Class A shares at $19.02 per share, bringing his indirect Class A 401(k) holdings to 41,283 shares.
The filing also reports Miller’s current holdings of 26,527 Class A shares held directly, 478 Class B shares held indirectly through a 401(k) plan, and 106 Class B shares held directly, without specifying new buy or sell transactions for these positions.
DONEGAL GROUP INC director and President & CEO Kevin Gerard Burke reported an insider transaction involving Class A Common Stock. On February 17, 2026, an “Other acquisition or disposition” (code J) related to a Dividend Reinvestment Plan affected 31 shares at $19.02 per share in a 401(k) Plan, held indirectly. Following this, Burke reported 3,273 indirect shares in the 401(k) and 13,546 direct shares of Class A Common Stock.