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1 through 20 of 209 matching documents, best matches first.   Sort by date

AM Best Affirms Credit Ratings of Donegal Insurance Group Members and Donegal Group Inc.
Credit Ratings (ratings) is stable. (See below for a detailed listing of the member companies.) The ratings reflect Donegal Group's balance sheet strength, which AM Best assesses ...
Source: BestWire   Date: June 9, 2026
Donegal First-Quarter Net Income Cut in Half; CEO Cites Weather, Large Losses
President and Chief Executive Officer Kevin Burke. Net premiums written decreased 3.2% to $239.3 million as an $11.3 million decrease in personal lines NPW exceeded a $3.5 million ...
Source: BestWire   Date: May 1, 2026
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Donegal Fourth-Quarter Net Income Declines; CEO Says Insurer Focused on 'Modest' Growth
The combined ratio worsened to 96.3 from 92.9 a year earlier. The statutory combined ratio worsened for total commercial lines, although commercial automobile improved to 101.8 ...
Source: BestWire   Date: February 19, 2026
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ECM to Acquire Donegal Farmowners Renewal Book
Donegal Insurance Group farmowners business in five states. Donegal is modernizing systems and offerings and decided the cost of updating its farm product is "larger than we could ...
Source: BestWire   Date: September 29, 2025
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Donegal CUO: Book Shrinkage Intentional; Second-Quarter Net Income Climbs to $16.9 Million
Michigan and Mid-Atlantic regions, he said. The insurer is renewing homeowners policies with larger deductibles, specifically for wind and hail, and limiting coverage on older ...
Source: BestWire   Date: July 24, 2025
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AM Best Affirms Credit Ratings of Donegal Insurance Group Members and Donegal Group Inc.
Credit Ratings (ratings) is stable. (See below for a detailed listing of the member companies.) The ratings reflect Donegal Group's balance sheet strength, which AM Best assesses ...
Source: BestWire   Date: May 13, 2025
Donegal CEO: Watching How Tariffs Impact Claims Costs; First-Quarter Net Income Quadruples
The combined ratio improved to 91.6 from 102.4 a year earlier. Net premiums written declined 1.7% to $247.1 million. The carrier has shifted focus to commercial lines and recorded ...
Source: BestWire   Date: April 24, 2025
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Donegal CUO Monitors Imported Commercial Auto Parts Pricing, Social Inflation as Line Grows
Maryland through August (BestWire, Oct. 25, 2024) and expects to slowly grow the personal lines book later in the year. Operating entities of Donegal Mutual Insurance Co. currently ...
Source: BestWire   Date: February 20, 2025
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Donegal Swings to Third-Quarter Profit After Rate Increases, Exiting Some States
Chief Financial Officer Jeff Miller said. "Rate increases achieved during the third quarter of 2024 remained in double-digit percentages, averaging 12.6% in total, and 13.6% when ...
Source: BestWire   Date: October 25, 2024
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AM Best Affirms Credit Ratings of Donegal Insurance Group Members and Donegal Group Inc.
Donegal Insurance Group (Donegal Group). Concurrently, AM Best has affirmed the Long-Term ICR of "bbb" (Good) of the publicly traded holding company, Donegal Group Inc. (Delaware) ...
Source: BestWire   Date: May 2, 2024
Donegal CUO: Workers' Comp Reserves Built Up After Routine '22, '23 Case Reviews
Chief Underwriting Officer Jeff Hay said. The carrier updated projections of future medical costs anticipated on claims from accident years 2022 and 2023 in its home and flagship ...
Source: BestWire   Date: April 25, 2024
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Donegal 1Q Net Income Rises to $6 Million; Workers' Comp Combined Ratio Worsens
The combined ratio worsened to 102.4 from 101.2 as the combined ratio for workers' compensation worsened to 111.2 from 86.2 in the prior year period, which President and Chief ...
Source: BestWire   Date: April 25, 2024
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Donegal Posts $2M Fourth-Quarter Net Loss; CEO Cites Challenged Personal Lines
President and Chief Executive Officer Kevin Burke. While loss-cost inflation is easing, Burke said it remains elevated for labor, replacements and repairs in personal lines. ...
Source: BestWire   Date: February 22, 2024
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Update: Donegal Promotes Former Senior Vice President of Field Operations & National Accounts to COO
...Corrects title in headline.) Donegal Insurance Group appointed Dan DeLamater to succeed Kevin Burke as executive vice president and chief operating officer. Noland Deas was named ...
Source: BestWire   Date: January 2, 2024
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Donegal Narrows Third-Quarter Net Loss to $805,000; CUO Says Damaging Storms Frequency Rising
Chief Underwriting Officer Jeff Hay said during an earnings call. The carrier also started exiting commercial lines business in Georgia and Alabama in the quarter (BestWire, April ...
Source: BestWire   Date: October 26, 2023
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Donegal CEO: Second-Quarter Net Income Improves as Risks Better Refined
Donegal Mutual, he added. Chief Underwriting Officer Jeff Hay said the company plans to increase premiums across its book. He noted 10 days of severe storm activity in Texas and ...
Source: BestWire   Date: July 27, 2023
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Donegal First-Quarter Net Income Declines as Commercial Lines Exits Begin
That will reduce its commercial footprint to 22 states. Nonrenewals start in July. The company has enacted aggressive pricing actions, with commercial rate hikes averaging 11% ...
Source: BestWire   Date: April 27, 2023
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AM Best Affirms Credit Ratings of Members of Donegal Insurance Group and Donegal Group Inc.
Donegal Insurance Group (Donegal Group). Concurrently, AM Best has affirmed the Long-Term ICR of "bbb" (Good) of the publicly traded holding company, Donegal Group Inc. (Delaware) ...
Source: BestWire   Date: April 12, 2023
Donegal CEO: Commercial Lines Retention Strong but New Business Falls Short as Rates Rise
Chief Executive Officer Kevin Burke. Fourth-quarter net income declined 34% to $3.5 million. For the year, a $2 million net loss compared with a $25.3 million net income in 2021. ...
Source: BestWire   Date: February 23, 2023
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Donegal 3Q Net Loss Widens to $10.4 Million, Impacted by Inflation on Large Fire Losses
President and Chief Executive Officer Kevin Burke said in a statement. Rising average severity of the fire losses mirrors ongoing higher labor and materials costs. The company ...
Source: BestWire   Date: October 27, 2022
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