UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 19, 2017
Donegal Group Inc.
(Exact name of registrant as specified in its charter)
| Delaware | 0-15341 | 23-02424711 | ||
| (State or other jurisdiction of incorporation) |
(Commission file number) |
(I.R.S. employer identification no.) |
| 1195 River Road, Marietta, Pennsylvania | 17547 | |
| (Address of principal executive offices) | (Zip code) |
Registrant’s telephone number, including area code: 717-426-1931
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule l2b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 8.01. | Other Information. |
On October 19, 2017, Donegal Mutual Insurance Company (“Donegal Mutual”), the holder of majority voting control of the Registrant, announced that its chief executive officer, Donald H. Nikolaus, has taken a temporary medical leave of absence.
The board of directors of Donegal Mutual named Kevin G. Burke, president and chief executive officer of Donegal Group Inc., to serve as acting chief executive officer of Donegal Mutual during Mr. Nikolaus’ leave of absence.
The boards of directors of several of the Registrant’s subsidiaries for which Mr. Nikolaus serves as president and chief executive officer named Mr. Burke to serve as acting chief executive officer of those subsidiaries during Mr. Nikolaus’ leave of absence.
| Item 9.01. | Financial Statements and Exhibits. |
| Exhibit No. |
Exhibit Description | |
| 99.1 | Donegal Mutual press release dated October 19, 2017 | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| DONEGAL GROUP INC. | ||
| By: | /s/ Jeffrey D. Miller | |
| Jeffrey D. Miller, Executive Vice President and Chief Financial Officer | ||
Date: October 19, 2017
Exhibit 99.1
DONEGAL MUTUAL INSURANCE COMPANY
CHIEF EXECUTIVE OFFICER ON MEDICAL LEAVE OF ABSENCE
Jeffrey D. Miller
Executive Vice President & Chief Financial Officer
Phone: (717) 426-1931
E-mail: jeffmiller@donegalgroup.com
For Immediate Release
MARIETTA, Pennsylvania, October 19, 2017 – Donegal Mutual Insurance Company, the holder of majority voting control of Donegal Group Inc. (NASDAQ: DGICA and DGICB), announced today that its chief executive officer, Donald H. Nikolaus, has taken a temporary medical leave of absence.
The board of directors named Kevin G. Burke, president and chief executive officer of Donegal Group Inc., to serve as acting chief executive officer of Donegal Mutual Insurance Company during Mr. Nikolaus’ leave of absence. Mr. Burke has served as executive vice president and chief operating officer of Donegal Mutual Insurance Company since 2014 and in other positions since 2000.
About the Donegal Insurance Group
The insurance subsidiaries of Donegal Group Inc. and Donegal Mutual Insurance Company conduct business together as the Donegal Insurance Group. The Donegal Insurance Group offers personal and commercial property and casualty lines of insurance in 26 Mid-Atlantic, Midwestern, New England and Southern states. The Donegal Insurance Group has an A.M. Best rating of A (Excellent). Donegal Mutual Insurance Company and Donegal Group Inc. together own Donegal Financial Services Corporation, a grandfathered unitary savings and loan holding company, which owns Union Community Bank, a state savings bank.