Donegal Group, Inc. (NASDAQ:DGICA)
A property and casualty insurance holding company whose insurance subsidiaries offer personal and commercial lines of insurance to businesses and individuals in 18 Mid-Atlantic, Midwestern and Southeastern states.
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Unfortunately the Insurance Industry is taking a beating and will continue taking a beating under the administration. With the property values plummetting there isn't much money to pull in as profit.
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caps rating growth
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DGICA and DGICA ready for breakout!!!
Earnings will be strong for 3rd Q. No weather events on claims on
property side of book.
Most important - Greg Shepard has taken a 5% stake in company.
See SEC Filings August 31, 09.
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