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Monday, November 23, 2009, 8:05PM ET - U.S. Markets Closed. Dow Up 1.29% Nasdaq Up 1.40%
EMC Insurance Group Inc. (EMCI)At 4:00PM ET: 21.84  Up 0.32 (1.49%)  
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EMC Insurance Group Inc.
717 Mulberry Street
Des Moines, IA 50309
United States - Map
Phone: 515-280-2902
Fax: 515-280-2895
Web Site: http://www.emcinsurance.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Property & Casualty Insurance
Full Time Employees:N/A

BUSINESS SUMMARY 
EMC Insurance Group Inc., through its subsidiaries, provides property and casualty insurance, and reinsurance products in the United States. The company operates through two segments, Property and Casualty Insurance, and Reinsurance. The Property and Casualty Insurance segment underwrites commercial and personal lines of property and casualty insurance. Its commercial lines of property and casualty insurance products include automobile, property, workersÂ’ compensation, and liability insurance, as well as other insurance products that provide protection with respect to burglary and theft loss, aircraft, marine, fidelity and surety bonds, and other losses. This segmentÂ’s personal lines of property and casualty insurance products comprise automobile, property, and liability insurance. The Reinsurance segment underwrites property and casualty, property, crop, casualty, marine/aviation, and surety reinsurance for other insurers and reinsurers. EMC Insurance Group sells its products to small and medium-sized businesses, institutions, and individual customers through independent insurance agents. The company was founded in 1974 and is based in Des Moines, Iowa. EMC Insurance Group Inc. is a subsidiary of Employers Mutual Casualty Company.
Key Statistics

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    CORPORATE GOVERNANCE 
    EMC Insurance Group Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 63% of Russell 3000 companies and 50.4% of Insurance companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Bruce G. Kelley , 55
    Chief Exec. Officer, Pres, Director, Member of Exec. Committee, Chief Exec. Officer of Employers Mutual Casualty Company, Pres of Employers Mutual Casualty Company of Employers Mutual Casualty Company
    $ 705.00K $ 3.00K
    Mr. Mark E. Reese CPA, 51
    Chief Financial Officer, Principal Accounting Officer, Sr. VP, Chief Financial Officer of Employers Mutual and Sr. VP of Employee Mutual
    $ 214.00K $ 16.00K
    Mr. William A. Murray CIC, AU, 62
    Chief Operating Officer, Exec. VP, Chief Operating Officer of Employers Mutual Casualty Company and Exec. VP of Employers Mutual Casualty Company
    N/A N/A
    Mr. Ronald W. Jean FCAS, MAAA, 59
    Exec. VP of Corp. Devel. and Exec. VP of Corp. Devel. - Employers Mutual Casualty Company
    $ 395.00K $ 118.00K
    Mr. Raymond W. Davis CFA, 64
    Sr. VP of Investments, Treasurer, Sr. VP of Investments - Employers Mutual Casualty Company and Treasurer of Employers Mutual Casualty Company
    $ 274.00K $ 0
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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