Donegal (DGICA) 10-K2015 FY Annual report

Filed: 18 Mar 16, 12:00am

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New words: add, aforementioned, Basel, block, buffer, categorize, discretionary, exited, expedient, family, foreclosed, forty, Gregory, nonrecurring, notional, Notwithstanding, phased, promised, readily, remediate, rental, repaid, rollforward, Shepard, standstill, sublease, transition, transparency, twelve, twenty, unchanged, unrelated, VIE, VOE

Removed: Accountant, implemented, liquidated, netted, reclassify, serviced, stratified, summarizing, unamortized

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EXHIBIT 21

SUBSIDIARIES OF REGISTRANT

Registrant owned 100% of the outstanding stock of the following companies as of December 31, 2015, except as noted:


Name		State of Formation

Atlantic States Insurance Company		Pennsylvania

Southern Insurance Company of Virginia		Virginia

Le Mars Insurance Company		Iowa

The Peninsula Insurance Company		Maryland

Peninsula Indemnity Company*		Maryland

Donegal Financial Services Corporation**		Delaware

Union Community Bank ***		Pennsylvania

Sheboygan Falls Insurance Company		Wisconsin

Michigan Insurance Company		Michigan

*	Wholly owned by The Peninsula Insurance Company.

**	Registrant owns 48.2%. Donegal Mutual Insurance Company owns 51.8%.

***	Wholly owned by Donegal Financial Services Corporation.

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