Diluted operating income per share fell to $0.35, as Donegal’s combined ratio deteriorated by 1.5 points to 98.5. The downturn in underwriting was driven by a 1.1
Donegal operating earnings drop 30.5% to $8.5mn in Q1
![Donegal insurance logo cars background.jpg](https://assets.euromoneydigital.com/dims4/default/3c69b66/2147483647/strip/true/crop/700x410+0+0/resize/840x492!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F11%2Fc9%2F2d1611024520bbc4ea8638dcad5a%2Fdonegal-insurance-logo-cars-background.jpg)
Diluted operating income per share fell to $0.35, as Donegal’s combined ratio deteriorated by 1.5 points to 98.5. The downturn in underwriting was driven by a 1.1