secwatch.observer — SEC 8-K summary
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Issuer:     DONEGAL GROUP INC (DGICA)
CIK:        0000800457
Form:       8-K
Filed at:   2024-02-22T23:59:59+00:00
Accession:  0001171843-24-000904
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/800457/000117184324000904/0001171843-24-000904-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/800457/000117184324000904/f8k_022124.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-000904

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