{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-23-002608","form_type":"8-K","ticker":"DGICA","cik":"0000800457","company_name":"DONEGAL GROUP INC","filed_at":"2023-04-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.300163+00:00","generated_at":"2026-06-16T10:21:33.586056+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Donegal Group Q1 net income falls 60% to $5.2M; premium growth 8%, combined ratio 101.2%","bullets":["Net income $5.2M ($0.16/diluted Class A) vs $13.1M ($0.43) in prior-year Q1, down 60%.","Combined ratio 101.2% (vs 95.8%); weather losses $14.1M and large fire losses $10.9M pressured underwriting.","Net premiums earned +8.0% to $215.2M; net premiums written +8.6% to $237.3M.","Book value per share $15.01 (down 10.2% from $16.72); annualized ROE 4.3% vs 10.0%.","Personal lines net premiums written up 17.7%; management cautious on inflation, raising rates."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-23-002608","json":"https://secwatch.observer/filing/0001171843-23-002608.json","markdown":"https://secwatch.observer/filing/0001171843-23-002608.md","text":"https://secwatch.observer/filing/0001171843-23-002608.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/800457/000117184323002608/0001171843-23-002608-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/800457/000117184323002608/f8k_042623.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T10:21:33.586056+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"dffc2ef2995570bcaa8e1c2b02d7ef4f6dbd0cfa","claim":"DONEGAL GROUP INC reported first quarter of 2023 results: revenue net premiums earned increased 8.0% to $215.2 million, net income net income of $5.2 million, or $0.16 per diluted Class A share, EPS $0.16 per diluted Class A share.","evidence_excerpt":"its financial results for the first quarter of 2023. Significant Items for First Quarter of 2023 (all comparisons to first quarter of 2022): Net premiums earned increased 8.0% to $215.2 million Net premiums written 1 increased 8.6% to $237.3 million Combined ratio of 101.2%, compared to 95.8% Net income of $5.2 million, or $0.16 per diluted Class A","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/800457/000117184323002608/0001171843-23-002608-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2023"},{"label":"Revenue","value":"net premiums earned increased 8.0% to $215.2 million"},{"label":"Net income","value":"net income of $5.2 million, or $0.16 per diluted Class A share"},{"label":"EPS","value":"$0.16 per diluted Class A share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}