Headquartered in Marietta, PA Fiscal year ends December NASDAQ: DGICA donegalgroup.com
Donegal Group Inc. is an insurance holding company whose insurance subsidiaries and affiliates write property and casualty insurance through independent insurance agents. It operates in 21 states across the Mid-Atlantic (Delaware, Maryland, Pennsylvania), the South (Georgia, North Carolina, South Carolina, Tennessee, Virginia), the Midwest (Illinois, Indiana, Iowa, Michigan, Nebraska, Ohio, South Dakota, Wisconsin) and the Southwest (Arizona, Colorado, New Mexico, Texas, Utah).
Its business has two reporting segments. Commercial lines, its larger segment by net premiums earned, includes commercial automobile, workers' compensation and commercial multi-peril. Personal lines includes personal automobile and homeowners.
Donegal Mutual Insurance Company and Donegal Group's insurance subsidiaries operate together as the Donegal Insurance Group, which carries an A.M. Best rating of A (Excellent). The company also earns investment income from a portfolio of about $1.49 billion. Roughly 95% of that portfolio is in highly rated fixed-maturity securities, chiefly municipal, mortgage-backed and corporate bonds.
Its Class A and Class B shares trade on the NASDAQ Global Select Market as DGICA and DGICB. Strategic priorities include sustained financial performance, operational and digital modernization (including AI, data modernization and cloud migration) and profitable growth. Updated
With the 10-year Treasury at 4.46% and core PCE still grinding higher, retirees are hunting for income that holds up. Donegal Group (NASDAQ:DGICA), a Pennsylvania-based regional property & casualty insurer, fits that…
Alex Sirois Donegal Group Inc. is an insurance holding company whose insurance subsidiaries and affiliates write property and casualty insurance through independent insurance agents.
The Wall Street consensus 12-month price target for DGICA is $21.00.