Donegal Group Inc. Named to List of America's Most Trustworthy Financial
MARIETTA, Pa., April 21, 2014 (GLOBE NEWSWIRE) -- 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
"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
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
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