On March 9, 2009, the Board of Directors of EMC Insurance Group Inc.
(Nasdaq:EMCI) declared a quarterly dividend of eighteen (18) cents per
share of common stock payable March 26, 2009 to shareholders of record
as of March 19, 2009. This is the one hundred and ninth consecutive
quarterly dividend declared since EMC Insurance Group Inc. became a
publicly held company in February 1982.
EMC Insurance Group Inc., the publicly-held insurance holding company of
EMC Insurance Companies, owns subsidiaries with operations in property
and casualty insurance and reinsurance. EMC Insurance Companies is one
of the largest property and casualty entities in Iowa and among the top
60 insurance entities nationwide based on premium volume. EMC Insurance
Companies has been included on the 2008 Ward’s Top 50 list and is a
member of the Independent Insurance Agents & Brokers of America (the Big
“I”) Trusted Choice program. For more information, visit our website www.emcinsurance.com.
The Private Securities Litigation Reform Act of 1995 provides issuers
the opportunity to make cautionary statements regarding forward-looking
statements. Accordingly, any forward-looking statement contained in this
report is based on management’s current beliefs, assumptions and
expectations of the Company’s future performance, taking into account
all information currently available to management. These beliefs,
assumptions and expectations can change as the result of many possible
events or factors, not all of which are known to management. If a change
occurs, the Company’s business, financial condition, liquidity, results
of operations, plans and objectives may vary materially from those
expressed in the forward-looking statements. The risks and uncertainties
that may affect the actual results of the Company include, but are not
limited to the following: catastrophic events and the occurrence of
significant severe weather conditions; the adequacy of loss and
settlement expense reserves; state and federal legislation and
regulations; changes in our industry, interest rates or the performance
of financial markets and the general economy; rating agency actions and
other risks and uncertainties inherent to the Company’s business,
including those discussed under the heading “Risk Factors” in the
Company’s annual report on Form 10-K and the update contained in the
Company’s September 30, 2008 Form 10-Q. Management intends to identify
forward-looking statements when using the words “believe”, “expect”,
“anticipate”, “estimate”, “project” or similar expressions. Undue
reliance should not be placed on these forward-looking statements.
EMC Insurance Group Inc.
Investors:
Anita Novak, 515-345-2515
or
Media:
Lisa
Hamilton, 515-345-7589
