On May 19, 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 June 8, 2009 to shareholders of record as
of June 1, 2009. This is the one hundred and tenth 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 2009 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 at 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 the property and casualty insurance industry, interest
rates or the performance of financial markets and the general economy;
-
rating agency actions;
-
“other-than-temporary” investment impairment losses; 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.
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.
Anita Novak, 515-345-2515 (Investors)
or
Lisa
Hamilton, 515-345-7589 (Media)
