DONEGAL GROUP INC

Donegal Group Inc. (NASDAQ: DGICA and DGICB) operates as a regional property and casualty insurance holding company serving customers across 21 states in the Mid-Atlantic, Midwestern, Southern and Southwestern regions. The company's website is www.donegalgroup.com.

The company conducts its insurance operations through multiple subsidiaries including Atlantic States Insurance Company, Michigan Insurance Company, The Peninsula Insurance Company and Southern Insurance Company of Virginia, along with affiliated entities under the Donegal Mutual Insurance Company umbrella. These entities collectively operate under the Donegal Insurance Group trade name, which is not a legal entity but rather a reference to the affiliated group of insurance companies.

Donegal's business segments consist of commercial lines and personal lines insurance. Commercial lines, representing 62.3 percent of net premiums written, include commercial automobile, commercial multi-peril and workers' compensation policies. Personal lines, comprising 37.7 percent of premiums, focus on private passenger automobile and homeowners coverage. The company also maintains an investment function as a reportable segment.

The company distributes its products through approximately 2,000 independent insurance agencies, emphasizing relationships with regional agencies in smaller to mid-sized communities where it believes it holds competitive advantages in local market knowledge and service. Net premiums earned reached $921.2 million in 2025, reflecting a compound annual growth rate of 6.1 percent since 2006.

Donegal Mutual, the founding mutual insurance company, maintains approximately 70 percent of the combined voting power through its ownership of Class A and Class B common stock, providing stability and long-term strategic alignment. The company employs 851 people through Donegal Mutual, with 422 based at its Marietta, Pennsylvania headquarters and 429 in regional offices or remote positions.

The company's strategy emphasizes sustained financial performance through underwriting profitability, operational modernization including systems migration to cloud platforms, profitable organic growth within existing markets and superior experiences for agents and policyholders. The company has completed seven acquisitions or affiliations between 1998 and 2017 but currently prioritizes organic growth opportunities within its current geographic footprint.