Donegal Group Inc. Named To List Of Most Trustworthy Companies
MARIETTA, Pa., Sept. 7, 2010 (GLOBE NEWSWIRE) -- Donegal Group Inc. (Nasdaq:DGICA) (Nasdaq:DGICB) was named to a list of Most Trustworthy Companies, ranking the company among firms with the most transparent accounting and prudent management as determined by Audit Integrity, an independent financial analytics company, and reported by Forbes.
According to Forbes, Audit Integrity analyzed over 100 factors to assess the quality of public companies' corporate accounting and management practices, seeking to identify factors that are associated with fraud, earnings restatements and securities lawsuits. Audit Integrity has developed metrics to assign Accounting and Governance Risk ratings to public companies that range from Very Aggressive to Conservative. Companies that have been consistently rated Conservative have been shown to be the most trustworthy. Fewer than 5% of public companies make Audit Integrity's Most Trustworthy Companies list.
"We are pleased to be recognized by Forbes and Audit Integrity as a 'Most Trustworthy Company' and to have received a perfect score based on their analysis of our accounting and governance practices for the past five years," said Donald H. Nikolaus, President and Chief Executive Officer of Donegal Insurance Group.More information regarding the Audit Integrity "Most Trustworthy Companies" analysis can be found at http://www.forbes.com/2010/08/05/most-trustworthy-companies-personal-finance-audit-integrity.html?partner=relatedstoriesbox . A reprint of the Forbes article is also available as a "Featured Report" in the Investors area of Donegal Group Inc.'s website at www.donegalgroup.com . Donegal Group Inc. is an insurance holding company whose insurance subsidiaries offer personal and commercial property and casualty lines of insurance in four Mid-Atlantic states (Delaware, Maryland, New York and Pennsylvania), three New England states (Maine, New Hampshire and Vermont), seven Southeastern states (Alabama, Georgia, North Carolina, South Carolina, Tennessee, Virginia and West Virginia) and six Midwestern states (Iowa, Nebraska, Ohio, Oklahoma, South Dakota and Wisconsin).
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV