Donegal Group (DGICA) Tops Q2 EPS by 5c
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Donegal Group Inc. Announces Second Quarter and First Half 2016 Results
July 26, 2016 8:02 AM EDTMARIETTA, Pa., July 26, 2016 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ: DGICA) (NASDAQ: DGICB) today reported its financial results for the second quarter of 2016. Highlights included:
Net income increased 32.8% to $8.6 million, or 32 cents per diluted Class A share, for the second quarter of 2016, compared to net income of $6.5 million, or 24 cents per diluted Class A share, for the second quarter of 2015Net premiums written increased 7.7% to $178.2 million for the second quarter of 2016, reflecting organic growth in both personal and commercial linesStatutory combined... More