---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-004702"
form_type: "8-K"
ticker: "DGICA"
cik: "0000800457"
company_name: "DONEGAL GROUP INC"
filed_at: "2023-07-27T23:59:59+00:00"
generated_at: "2026-06-13T01:31:16.281732+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Donegal Q2 net income $2.0M vs year-ago loss; premiums up 5.9%

## Summary
- Net income of $2.0M ($0.06 diluted Class A) vs net loss of $8.2M in Q2 2022.
- Net premiums earned rose 5.9% to $216.3M; combined ratio improved to 104.7% from 105.0%.
- Net investment gains of $2.0M after tax reversed prior-year $6.6M after-tax losses.
- Book value per share fell to $14.68 from $15.87 year-over-year.
- Non-GAAP operating income was $19K, an improvement from prior-year operating loss of $1.6M.

## SEC filing metadata
- accession: 0001171843-23-004702
- form_type: 8-K
- ticker: DGICA
- cik: 0000800457
- company_name: DONEGAL GROUP INC
- filed_at: 2023-07-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/800457/000117184323004702/0001171843-23-004702-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/800457/000117184323004702/f8k_072723.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-004702
- JSON: https://secwatch.observer/filing/0001171843-23-004702.json
- Plain text: https://secwatch.observer/filing/0001171843-23-004702.txt

## Key facts
- Earnings Releases
  DONEGAL GROUP INC reported financial results for the first half of 2023.
  - Period: the first half of 2023
  - Result: reported results
  source text: Donegal Group Inc. (NASDAQ: DGICA) and (NASDAQ: DGICB) today reported its financial results for the second quarter and first half of 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/800457/000117184323004702/0001171843-23-004702-index.htm
- Earnings Releases
  DONEGAL GROUP INC reported the second quarter ended June 30, 2023 results: revenue $216.3 million, net income $2.0 million, EPS 6 cents per diluted Class A share.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $216.3 million
  - Net income: $2.0 million
  - EPS: 6 cents per diluted Class A share
  - Result: reported results
  source text: Net income of $2.0 million, or 6 cents per diluted Class A share, compared to net loss of $8.2 million, or 26 cents per Class A share Net premiums earned increased 5.9% to $216.3 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/800457/000117184323004702/0001171843-23-004702-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.