---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-24-000904"
form_type: "8-K"
ticker: "DGICA"
cik: "0000800457"
company_name: "DONEGAL GROUP INC"
filed_at: "2024-02-22T23:59:59+00:00"
generated_at: "2026-06-05T21:23:06.240537+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Donegal Group posts Q4 net loss $2.0M, combined ratio 106.8%; full-year net income $4.4M

## Summary
- Q4 net loss $2.0M (diluted EPS -$0.06) vs Q4 2022 net income $3.5M ($0.11).
- Q4 combined ratio 106.8%, worsening from 102.8% a year ago, indicating underwriting loss.
- Full year 2023 net income $4.4M ($0.14 diluted EPS) vs FY 2022 net loss $2.0M.
- Net premiums earned up 6.2% in Q4 ($226.2M) and 7.2% for full year ($882.1M).
- Book value per share declined to $14.39 at Dec 31, 2023 from $14.79 a year earlier.

## SEC filing metadata
- accession: 0001171843-24-000904
- form_type: 8-K
- ticker: DGICA
- cik: 0000800457
- company_name: DONEGAL GROUP INC
- filed_at: 2024-02-22T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/800457/000117184324000904/0001171843-24-000904-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/800457/000117184324000904/f8k_022124.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-24-000904
- JSON: https://secwatch.observer/filing/0001171843-24-000904.json
- Plain text: https://secwatch.observer/filing/0001171843-24-000904.txt

## Key facts
- Earnings Releases
  DONEGAL GROUP INC reported the fourth quarter ended December 31, 2023 results: net income Net loss of $2.0 million, or 6 cents per Class A share.
  - Period: the fourth quarter ended December 31, 2023
  - Net income: Net loss of $2.0 million, or 6 cents per Class A share
  - Result: reported results
  source text: Donegal Group Inc. Announces Fourth Quarter and Full Year 2023 Results
  evidence_url: https://www.sec.gov/Archives/edgar/data/800457/000117184324000904/0001171843-24-000904-index.htm
- Earnings Releases
  DONEGAL GROUP INC reported the full year ended December 31, 2023 results: net income Net income of $4.4 million, or 14 cents per diluted Class A share.
  - Period: the full year ended December 31, 2023
  - Net income: Net income of $4.4 million, or 14 cents per diluted Class A share
  - Result: reported results
  source text: Donegal Group Inc. Announces Fourth Quarter and Full Year 2023 Results
  evidence_url: https://www.sec.gov/Archives/edgar/data/800457/000117184324000904/0001171843-24-000904-index.htm

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