Donegal Group (DGICA) Misses Q4 EPS by 6c

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Donegal Group Inc. Announces 2016 Fourth Quarter and Full Year Results

February 17, 2017 8:00 AM EST

MARIETTA, Pa., Feb. 17, 2017 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ: DGICA) (NASDAQ: DGICB) today reported its financial results for the fourth quarter and full year of 2016. Significant developments include:

Net income and operating income1 for the full year of 2016 increased by 46.7% and 47.8%, respectively, from comparable amounts for the full year of 2015, largely due to improved underwriting results in 2016Net income and operating income for the fourth quarter of 2016 increased over amounts for the fourth quarter of 2015, primarily due to... More