Donegal Group Net Income Up 242% from prior Quarter

The Donegal Group reported net income of $6.5 million for the second quarter, more than triple the $1.9 million in net income reported for the second quarter of 2015. The insurance carrier holding group reported net earned premiums of $150.5 million during the quarter, up 10.2% from $136.6 million in the prior-year quarter. For the first six months of the year, Donegal's net earned premiums were up 9.9% to $297 million as of June 30, up from $270.1 million in the first half of last year. The Donegal Group reported a combined ratio of 96.4% for the second quarter of 2015, compared to 102....