Donegal Insurance Group

About

Our group of property and setback insurance agencies gives full lines of individual, ranch and business protection items crosswise over numerous districts of the United States. We're glad for our legacy, which compasses over 100 years in the protection business. Utilize these connections for more data about Donegal.

 History

The Donegal Insurance Group story started in the residential community of Marietta in Lancaster County, Pennsylvania, where a little gathering of ranchers met up to give shared assurance to their ranches and possessions. On May 13, 1889, James A. Beaver, Governor of the Commonwealth of Pennsylvania, issued Letters of Patent to the Donegal and Conoy Mutual Fire Insurance Company, Marietta, Pennsylvania.

                     

Donegal and Conoy Mutual Fire Insurance Company issued its first protection strategy to a neighborhood rancher for staying scope in the measure of $4,300. The yearly premium was $3.90. The new protection supplier offered an extremely restricted product offering and just overhauled a little territory in focal Pennsylvania.

In 1919, as the organization kept on growwing, Donegal and Conoy obtained its first office assembling in downtown Marietta. By 1920, the organization embraced the slogan "Conformities Made and Losses Paid Before the Sun Sets." The organization's growth would proceed through the following three decades as its base of operations extended.

1930s and 1940s

The 1930s saw numerous changes at Donegal and Conoy, all useful to the development of the organization. Its first real bookkeeping framework was introduced. Arrangements were made to redesign the workplace building to give satisfactory offices to the developing organization. Also, the first "calamity" reinsurance scope was bought.

As the organization commended its 60th commemoration in 1949, premium compositions had ascended to over $600,000, the Marietta office was extended, and another name was embraced, Donegal Mutual Insurance Company.

1950s and 1960s

In the mid 1950s, Donegal Mutual extended its item offerings to incorporate accident coverage, widening the limit for its operators in Pennsylvania. In 1952, the organization introduced its first IBM bookkeeping gear, and Donegal Mutual started written work property holders strategies utilizing this hardware. In 1954, premium compositions overshadowed the $1 million check, an aggregate that would develop to over $3 million every year by 1961, when development was finished on the first partition of what is today the Donegal Insurance Group's corporate base camp.

1970s and 1980s

 

The year 1976 brought extra development and extension to Donegal Mutual, with the securing of Reading Mutual Insurance Company, a little shared organization in Berks County, Pennsylvania, and Laurel State Mutual Insurance Company of Wyomissing, likewise in Pennsylvania. In this same year, Donegal Mutual's premium works surpassed $20 million yearly.

In 1980, Donegal Mutual reported premium compositions in the Commonwealth of Pennsylvania of more or less $30 million. The organization declared, "To have a superior spread of business, we are considering entering our organization into about six extra states."

In the mid 1980s, Donegal Mutual kept on growing by moving into the neighboring conditions of Maryland and Delaware. In 1984 Donegal Mutual gained the contract of Southern Mutual Insurance Company in Virginia, referred to today as Southern Insurance Company of Virginia.

In 1986, Donegal Mutual structured a downstream protection holding organization, Donegal Group Inc. (A protection holding organization is a business partnership that possesses insurance agencies, yet is not an insurance agency itself.) moreover, Donegal Group Inc. finished a first sale of stock of normal stock, with Donegal Mutual holding a larger part engage. Two classes of regular supply of Donegal Group Inc. exchange on the NASDAQ trade under the images DGICA and DGICB. Donegal Mutual keeps on holding larger part voting control of Donegal Group Inc.

At this same time, Donegal Group Inc. consolidated Atlantic States Insurance Company as a completely possessed property and loss protection backup. Atlantic States was initially framed to offer laborers' pay protection, yet was soon bringing included esteem by offering an extra favored level of individual lines accident coverage.

Atlantic States likewise started to offer extra levels of business items as the consolidated organizations got to be much more focused in the commercial center and started advancing its abilities as the Donegal Insurance Group.

This development and extension prompted further increments to the Donegal Insurance Group's corporate central command. A broad expansion to the front of the current building was finished in 1989.

 

1990s and 2000s

Amid the 1990s, Donegal Group Inc. finished acquisitions of Delaware Atlantic Insurance Company, Pioneer Insurance Company (Ohio), Southern Heritage Insurance Company and Pioneer Insurance Company (New York). These acquisitions extended the Donegal Insurance Group's capacities to give protection items in the working districts served by these organizations.

In 2001 and 2006, Donegal Group Inc. streamlined its corporate structure by blending a few auxiliaries. In 2001, the mergers of Delaware Atlantic Insurance Company and Pioneer Insurance Company (New York) into Atlantic States Insurance Company were finished. In 2006, the mergers of Southern Heritage Insurance Company into Southern Insurance Company of Virginia and Pioneer Insurance Company (Ohio) into Atlantic States Insurance Company were finished.

With a developing specialists and worker populace, the Donegal Insurance Group perceived the significance of giving a quality preparing office to workers and operators. So in 1998, its preparation focus opened in Marietta. Numerous representatives and operators have profited from the quality instructive projects the Donegal Insurance Group gives at this office.

The Donegal Insurance Group's Midwest development methodology entered its next stage in 2002, as Donegal Group Inc. gained Le Mars Insurance Company, giving access to four extra Midwestern states.

In 2004, Donegal Group Inc. obtained The Peninsula Insurance Company and Peninsula Indemnity Company.

The Donegal Insurance Group's dedication to robotization and simplicity of working together provoked the 2004 development of another Technology Center as an expansion to its corporate central command. WritePro, a robotized Personal Lines citing, guaranteeing and issuing framework, was discharged in 2005. The second era of that item, emphasizing online access to this capable office instrument, was taken off in 2006 to positive audits. In 2006, the Donegal Insurance Group likewise presented WriteBiz, a Commercial Lines mechanized citing, guaranteeing and issuing framework.

By 2005, the Donegal Insurance Group had seen colossal development, with composed premiums of $423 million and consolidated resources of $872 million. The Donegal Insurance Group was working together in 18 states, spoke to by near to 1,700 free operators, and made out of six organizations: Donegal Mutual, Atlantic States, Le Mars Insurance Company, Peninsula Insurance Company, Peninsula Indemnity and Southern Insurance Company of Virginia.

In 2008, the Donegal Insurance Group's proceeded with spotlight on Midwestern extension brought about the securing of Wisconsin-based Sheboygan Falls Insurance Company, a property and loss back up plan endorsing both individual and business lines items.

As 2008 closed up shop, the Donegal Insurance Group's general premium compositions were $457 million yearly. The Group's progressing arrangement for judicious development proceeded in 2009, as Donegal Mutual went into an alliance concurrence with Southern Mutual Insurance Company. Through this connection, the Donegal Insurance Group added to its business in Georgia and South Carolina.

The Donegal Insurance Group story is an one of enduring, steady development, and the most recent section in that story was composed in 2010 when Donegal Group Inc. obtained Michigan-based Michigan Insurance Company, which leads business in the condition of Michigan with yearly premiums written in overabundance of $100 million.