Donegal Group Inc. Named to List of America's Most Trustworthy Financial Companies
April 21 2014 - 8:45AM
Donegal Group Inc. (Nasdaq:DGICA) (Nasdaq:DGICB) was named to a
list of America's 50 Most Trustworthy Financial Companies, ranking
the company among firms that have consistently demonstrated
transparent and conservative accounting practices and solid
corporate governance and management as determined by GMI Ratings,
an independent financial analytics company, and reported by Forbes.
According to Forbes, GMI reviews the accounting and governance
behaviors of more than 8,000 publicly-traded companies in North
America to develop lists of trustworthy organizations.
"We are pleased to be recognized by Forbes and GMI Ratings as a
'Most Trustworthy Financial Company' based on their analysis of our
accounting and governance practices," said Donald H. Nikolaus,
President and Chief Executive Officer of Donegal Group Inc.
More information regarding the GMI Ratings "America's Most
Trustworthy Financial Companies" analysis can be found at
http://www.forbes.com/sites/kathryndill/2014/04/01/americas-50-most-trustworthy-financial-companies/.
Donegal Group Inc. is an insurance holding company whose
insurance subsidiaries offer personal and commercial property and
casualty lines of insurance in 22 Mid-Atlantic, Midwestern, New
England and Southern states. The insurance subsidiaries of Donegal
Group Inc. and Donegal Mutual Insurance Company conduct business
together as the Donegal Insurance Group. The Donegal Insurance
Group has an A.M. Best rating of A (Excellent).
The Company's Class A common stock and Class B common stock
trade on NASDAQ under the symbols DGICA and DGICB, respectively. As
an effective acquirer of small to medium-sized "main street"
property and casualty insurers, Donegal Group has grown profitably
over the past 25 years. The Company continues to seek opportunities
for growth while striving to achieve its longstanding goal of
outperforming the property and casualty insurance industry in terms
of service, profitability and growth in book value.
CONTACT: Jeffrey D. Miller,
Executive Vice President & Chief Financial Officer
Phone: 717-426-1931
Email: investors@donegalgroup.com
Donegal (NASDAQ:DGICA)
Historical Stock Chart
From Mar 2024 to Apr 2024
Donegal (NASDAQ:DGICA)
Historical Stock Chart
From Apr 2023 to Apr 2024