DONEGAL GROUP INC 8-K

What Happened

• Donegal Group Inc. (DGICA) filed a Form 8-K on June 17, 2026, reporting that it dismissed its independent registered public accounting firm, KPMG LLP, effective June 11, 2026. The change was approved by the Company’s Audit Committee.
• On the same date (June 11, 2026), Donegal engaged BDO USA, P.C. as its new independent registered public accounting firm for the fiscal year ending December 31, 2026.

Key Details

• KPMG’s audit reports for Donegal’s consolidated financial statements for the fiscal years ended December 31, 2025 and December 31, 2024 were unmodified (no adverse opinions, disclaimers, or qualifications).
• During those two fiscal years and through June 11, 2026, there were no disagreements with KPMG on accounting, disclosure, or auditing scope, and no reportable events under Regulation S-K Item 304.
• Donegal provided KPMG with a copy of the Form 8-K and KPMG’s letter to the SEC (agreeing or disagreeing with Donegal’s statements) is filed as Exhibit 16.1.
• Neither Donegal nor anyone on its behalf consulted BDO during the two most recent fiscal years or the interim period through June 11, 2026 on accounting or auditing matters.

Why It Matters

• A change of independent auditor is material for investors because it can affect future audit continuity, timing of financial reporting, and investor confidence in financial statements.
• In this case, the filing states there were no disagreements or reportable events with KPMG and KPMG’s prior reports were unmodified, which suggests no known audit-related problems tied to the dismissal.
• Investors should watch upcoming filings and the next audited financial statements for any changes in disclosures, audit opinions, or notes that might reflect the new auditor’s procedures or findings.