April 3 (Reuters) - Donegal Group Inc ::UNIT PLANS TO CONSOLIDATE CERTAIN OPERATIONS & CLOSE BRANCH OFFICE OF PENINSULA INSURANCE COMPANY EFFECTIVE JULY 2.EXPECTS TO ACHIEVE ANNUALIZED EXPENSE SAVINGS OF ABOUT $3.7 MILLION AS A RESULT OF IMPLEMENTING PENINSULA CONSOLIDATION.EXPECTS RESTRUCTURING CHARGE FOR EMPLOYEE TERMINATION COSTS ASSOCIATED WITH PENINSULA CONSOLIDATION OF ABOUT $1.9 MILLION TO $2 MILLION.
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Feb 23 (Reuters) - Donegal Group Inc ::ANNOUNCES 2017 FOURTH QUARTER AND FULL YEAR RESULTS.QTRLY NET LOSS PER SHARE - CLASS A (DILUTED) $0.10.QTRLY TOTAL REVENUES $190.8 MILLION, UP 7.7 PERCENT.Q4 NET INCOME PER CLASS A SHARE $0.07 EXCLUDING TCJA IMPACT .NET PREMIUMS EARNED OF $181.1 MILLION FOR Q4 OF 2017 INCREASED 7.2% COMPARED TO Q4 OF 2016.NET PREMIUMS WRITTEN OF $171.4 MILLION FOR Q4 OF 2017 INCREASED 5.9% COMPARED TO Q4 OF 2016.QTRLY NET PREMIUMS EARNED $181.1 MILLION, UP 7.2 PERCENT.COMBINED RATIO OF 104.8% FOR Q4 OF 2017, COMPARED TO 100.5% FOR PRIOR-YEAR Q4.
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Oct 30 (Reuters) - Donegal Group Inc ::Donegal Group Inc. announces third quarter and first nine months of 2017 results.Q3 net income per Class A share $0.26 .Q3 earnings per share view $0.20 -- Thomson Reuters I/B/E/S.Says net premiums earned of $177.3 million for Q3 of 2017 increased 6.3% compared to Q3 of 2016.Says combined ratio of 99.6% for Q3 of 2017, compared to 100.8% for prior-year Q3.Says qtrly total revenues $185.7 million versus $175.3 million.Says net premiums written of $182.5 million for Q3 of 2017 increased 6.1% compared to Q3 of 2016.
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July 14 (Reuters) - Donegal Group Inc ::Donegal Group Inc. provides information relating to claim activity in second quarter.Says its results of operations for Q2 of 2017 will reflect significant loss activity.Says weather-related losses added approximately $20.1 million to company's losses for Q2 of 2017.Donegal Group - claims resulted from numerous wind and hail events related to severe weather patterns that persisted in co's operating regions during extended periods during Q2 of 2017.Donegal Group - incurred approximately $7.6 million of large fire losses for Q2 of 2017.Also increased its loss and loss expense reserves by approximately $5.8 million in Q2.Donegal Group - currently expects to report a net loss between $0.07 and $0.09 per diluted share of its class a common stock for q2 of 2017.
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April 20 (Reuters) - Donegal Group Inc :Donegal Group Inc increases quarterly dividend.Sets regular quarterly cash dividend of $0.14 per share.
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April 19 (Reuters) - Donegal Group Inc ::Donegal Group Inc announces first quarter 2017 results.Q1 earnings per share $0.18.Donegal Group Inc - qtrly net premiums earned $169.2 million versus $158.5 million.Donegal Group Inc - at March 31, 2017, book value per share increased to $16.43, compared to $16.21 at December 31.Qtrly total revenues 178.97 million versus $166.1 million.Donegal Group Inc - qtrly total net premiums written $ 184.5 million versus $170.1 million.Qtrly operating income per class a share $0.12.
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Donegal Group Inc : Qtrly total revenue $177.2 million versus $163.8 million last year . Donegal Group Inc. announces 2016 fourth quarter and full year results . Qtrly operating income per class A share $0.20 . Qtrly net income per class A share $0.21 . Book value per share of $16.21 at December 31, 2016, compared to $15.66 at December 31, 2015 . Statutory combined ratio of 96.8% for full year of 2016, improved from 97.4% for prior year .Statutory combined ratio of 100.4% for Q4 of 2016, an increase from 98.9% for prior-year Q4.
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