MARIETTA, Pa., Oct. 22, 2010 (GLOBE NEWSWIRE) -- Donegal Group Inc. (Nasdaq:DGICA) (Nasdaq:DGICB) today reported that it had net income for the quarter ended September 30, 2010 of $4,909,879, or $.20 per share of Class A common stock on a diluted basis. Catastrophe and other weather-related losses impacted pre-tax results for the third quarter of 2010 by approximately $9.9 million after reinsurance, compared to $5.9 million for the third quarter of 2009. The catastrophe losses resulted from a number of wind and hail storms in the Company's Midwestern region. The Company reported net income of $6,744,851, or $.27 per share of Class A common stock on a diluted basis, for the third quarter of 2009.
Donegal Group Inc. Announces Third Quarter Earnings
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