Donegal Names Sponic to Lead Personal Lines David W. Sponic has been named senior vice president of personal lines by Donegal Insurance Group. Sponic succeeds Jeff Jacobsen, who the company said will transition into an advisory role leading up to …
Estée Lauder’s Burrell Joins GEICO as Chief Marketing Officer Insurer GEICO announced Damon Burrell has joined the company as chief marketing officer. Burrell will oversee all of GEICO’s marketing efforts. Burrell reports to CEO Todd Combs. Most recently, Burrell served …
Donegal Group Inc. reported net income of $11.8 million for the first quarter of 2016, a 73 percent increase over $6.9 million for the first quarter of 2015. The Marietta, Pennsylvania-based insurer said net premiums written for the 2016 first …
Gregory M. Shepard, an activist investor who’s been a major stockholder of Pennsylvania-based Donegal Group and a frequent critic of the company, has sold off his shares Tuesday, according to securities filings. Shepard’s stake consisted of 3.675 million shares of …
Donegal Group Inc. today reported $5.69 million net income for its 2015 third quarter, down from $8.75 million net income a year earlier. The Marietta, Pennsylvania-based insurer said its latest quarterly results were adversely affected by higher weather-related losses. For …
Donegal Group Inc. in Marietta, Pennsylvania, announced on July 17 that its Board of Directors has appointed Kevin G. Burke as Donegal Group’s president and chief executive officer. Burke succeeds Donald H. Nikolaus, who returned from his temporary medical leave …
Donegal Group Inc. in Marietta, Pennsylvania, announced on Aug. 29 that its chief executive officer, Donald H. Nikolaus, will be on a temporary medical leave of absence. The board has named Donegal Group’s Executive Vice President and Chief Operating Officer …
Donegal Group Inc. in Marietta, Pennsylvania, today reported $1.94 million net income for its 2014 second quarter, a decline of 26 percent from $2.63 million net income posted during the 2013 second quarter. The insurer said its second quarter earnings …
Donegal Group Inc. of Marietta, Penn., reported on Oct. 25 net income of $7.654 million for its 2013 third quarter, an 11.9 percent increase over $6.839 million net income reported a year ago. Total net premiums written for the latest …
A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of the Pennsylvania-based members of the Donegal Insurance Group, as well as Michigan Insurance Company (MICO), and has also affirmed …
