News | November 18, 1998

Donegal Group Completes Southern Heritage Buy

Donegal Group says it completed its previously announced acquisition of Southern Heritage Insurance Co., which is headquartered in the Atlanta area. Southern Heritage Insurance Co. offers primarily personal lines of insurance in 11 southeastern states.

Donald H. Nikolaus, president of Donegal Group, stated that the completion of the Southern Heritage acquisition was an important step forward in implementing Donegal Group's strategy of expanding its operations through the acquisition of property and casualty insurance companies at reasonable valuations.

Donegal Group is a property and casualty insurance holding company doing business through its subsidiaries in Pennsylvania, Delaware, Maryland, Ohio and Virginia.