Latest EMC Insurance Headlines
All the headlines from our EMC Insurance Topic Page, ordered by recency.
EMC Reports Q3 Estimated Losses from Jeanne
Oct 8 2004 // Iowa-based EMC Insurance Group Inc. has reported that the company’s reinsurance segment anticipates that losses associated with Hurricane Jeanne, which hit the State of Florida on Sept. 25, will be capped at $1.5...
EMC Proposes Upping Pool Participation
Jul 20 2004 // Des Moines, Iowa-based insurer EMC Insurance Group Inc. announced a proposed 6.5 percentage point increase in its property/casualty insurance companies’ aggregate participation interest in the EMC Insurance...
EMC Reports Q2 Results
Aug 8 2003 // Des Moines, Iowa-based carrier EMC Insurance Group Inc. operating income of 9 cents per share for the second quarter ended June 30, 2003 compared to operating income of 45 cents per share for the second quarter of 2002....
EMC Insurance Declares 86th Consecutive Quarterly Dividend
May 21 2003 // The Board of Directors of EMC Insurance Group Inc. has declared a quarterly dividend of fifteen (15) cents per share of common stock payable June 9, 2003 to shareholders of record as of June 2, 2003. This is the...
Employers Mutual to Buy More EMC Group Share to Hold 80% Ownership
Apr 10 2003 // EMC Insurance Group Inc.’s majority shareholder, Employers Mutual Casualty Company, Announces Stock Purchase Program to Maintain 80 Percent Ownership Threshold Employers Mutual Casualty Co. today announced that it...
EMC Insurance Restates Earnings, Boosts Reserves $2.1 Million
Mar 14 2003 // EMC Insurance Group Inc. (EMCI) restated its fourth-quarter and full-year 2002 earnings lower to reflect a $2.1 million reserve hike for direct asbestos exposures. The Des Moines, Iowa-based insurer now says it earned $5.2...
Employers Mutual Casualty Affirmed
Dec 16 2002 // S&P’s Ratings affirmed its ‘BBBpi’ counterparty credit and financial strength ratings on Employers Mutual Casualty Co. and related pool members (collectively referred to as EMC) based on the...
Employers Mutual Casualty Affirmed
Dec 16 2002 // S&P’s Ratings affirmed its ‘BBBpi’ counterparty credit and financial strength ratings on Employers Mutual Casualty Co. and related pool members (collectively referred to as EMC) based on the...
S&P Affirms Employers Mutual Casualty Co ‘BBBpi’ Ratings
Nov 20 2002 // Standard & Poor’s Ratings Services announced that it has affirmed its ‘BBBpi’ (the ‘pi’ indicates the ratings are based on “public information”) counterparty credit and...
EMC Declares 82nd Consecutive Quarterly Dividend
May 23 2002 // Iowa-based EMC Insurance Group Inc., has declared a quarterly dividend of fifteen (15) cents per share of common stock payable June 11, 2002, to shareholders of record as of June 4. This is the 82nd consecutive quarterly...
Employers Mutual Casualty Co. to Use Visibillity’s Litigation Management Systems
Jan 16 2002 // Visibillity Inc. announced that Employers Mutual Casualty Company, a property and casualty insurer with headquarters in Des Moines, Iowa, signed a three year contract valued at more than $1 million dollars for...
EMC Insurance Ratings Lowered
Jul 10 2000 // The financial strength rating on Employers Mutual Casualty Co. and its related pool members was lowered from ‘Api’ to ‘BBBpi’ by S&P. At the same time, the ‘BBBpi’ on EMC pool...