BNET Industries

EMC Insurance Group Inc.

(EMCI) is in the Financial Services Industry

Market Cap:$282.2M
Last Fiscal Year Sales:$413.8M
  • Public
  • US
Dow Jones Description

In 41 states, EMC Insurance is a widespread insurance force. Founded in 1974 and headquartered in Des Moines, IA, EMC Insurance Group Inc. (NASDAQ-GS: EMCI) provides insurance and reinsurance. The company sells property and casualty insurance, including auto, property, liability, excess, surplus, and workers' comp lines. It also offers reinsurance. Its subsidiaries include EMCASCO Insurance, Illinois EMCASCO, Dakota Fire Insuranc, Farm and City Insurance, EMC Underwriters, and EMC Reinsurance. It markets in 41 US states, though the Midwest accounts for most sales. The company had 2005 revenue of about $460.8 million and has about 2,200 full-time employees.

President & Chief Executive Officer
Bruce G. Kelley
Number of Employees 2,151
Contact Information

717 Mulberry St

PO Box 712

Des Moines, Iowa 50309-3810

www.emcinsuranc...

(515) 280-2511

NAICS Code Direct Property and Casualty Insurance Carriers: 524126

Recent Events

  • EMC Insurance EMCI Declares $0.18 Quarterly Dividend; 3.4% Yield

    11/12/09 - Stock Split / Dividend - View Story

  • EMC Insurance Turns To Profit In Q3; Reaffirms FY09 Guidance - Update

    10/23/09 - Financial Announcement - View Story

  • EMC Insurance Group Inc. Declares 111th Consecutive Quarterly Dividend

    8/25/09 - Stock Split / Dividend - View Story

  • EMC Insurance Group Inc. Reports 2009 Second Quarter Results and Revises Annual Guidance

    7/23/09 - Financial Announcement - View Story

News & Analysis

emc insurance group inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Bruce G. Kelley President & Chief Executive Officer
Mark E. Reese Senior Vice President & Chief Financial Officer
William A. Murray Chief Operating Officer
Ronald W. Jean Executive Vice President, Corporate Development
David O. Narigon Senior Vice President
Donald D. Klemme Senior Vice President, Administration
Kevin J. Hovick Senior Vice President, Business Development
Raymond W. Davis Senior Vice President, Investments
Richard Gass Senior Vice President, Technology
Richard K. Schultz Senior Vice President
Richard K. Schulz Senior Vice President, Claims
Steven C. Peck Senior Vice President, Actuarial
A. Beech Turner Vice President
Benjamin K. Dehart Resident Vice Presidents
Bernard E. Zalaznik Resident Vice Presidents
Carl L. Doot Resident Vice Presidents
Carla A. Prather Assistant Vice President, Accounting
David L. Hixenbaugh Vice President
Dennis J. Prindiville Resident Vice Presidents
Frankie Box Resident Vice Presidents
Gary A. Kohnke Resident Vice Presidents
George W. Kochheiser Resident Vice Presidents
Gregory P. Bird Vice President
Harold K. Capps, JR. Vice President
James C. Fontanini Resident Vice Presidents
Jason R. Bogart Resident Vice Presidents
Jay L. Oster Vice President
Jeffrey T. Dahms Vice President
Jerry K. Harlow Resident Vice Presidents
John R. Kelley Resident Vice Presidents
John R. Smith Resident Vice Presidents
Kristi K. Johnson Vice President
Lisa Simonetta Vice President
Lonnie D. Schwab Resident Vice Presidents
Norman H. Anderson Vice President
Raymond L. Geary JR. Resident Vice Presidents
Richard W. Hoffmann Vice President
Robert L. Link Assistant Vice President
Rodney D. Hanson Vice President
Roger L. Ford Resident Vice Presidents
Ron D. Hallenbeck Vice President
Ronald A. Paine Vice President, Internal Audit
Anita Lake Novak Director, Investor Relations
R. David Orr Branch Manager
Joanne L. Stockdale Financial Experts, Audit Committee
Raymond A. Michel Director

Board of Directors

Name (plus bio) Position
David J. Fisher Chairman of the Board
Fredrick A. Schiek Chairman of the Board
David J.W. Proctor Board Member
Gale L. Griffin Board Member
George C. Carpenter Board of Directors
H. Terrill Watts, JR. Board Member
John C. Burgeson Board Member
John H. Kelley Board Member
Margaret A. Ball Board of Directors
Richard Koch, JR. Board Member
Robert L. Howe Board of Directors
Thomas W. Booth Board Member

Organization Position Status
NCCI Holdings Inc. President and CEO of Emc Insurance Companies Current
Employers Mutual Inc Chief Executive Officer Current
EMC Insurance Group Inc. President & Chief Executive Officer Current
EMC Insurance Group Inc. Board of Directors Current
NCCI Holdings Inc. Board of Directors Current
Employers Mutual Inc President Former
EMC Insurance Group Inc. President Former
EMC Insurance Group Inc. Chief Operating Officer Former
Employers Mutual Inc Chief Operating Officer Former
EMC Insurance Group Inc. Executive Vice President Former
Employers Mutual Inc Executive Vice President Former
Employers Mutual Inc Treasurer Former

Organization Position Status
EMC Insurance Companies CFO Current
Employers Mutual Inc Chief Financial Officer Current
EMC Insurance Group Inc. Senior Vice President & Chief Financial Officer Current
EMC Insurance Group Inc. Senior Vice President, Accounting Former
Employers Mutual Inc Senior Vice President, Accounting Former

Organization Position Status
EMC Insurance Group Inc. Chief Operating Officer Current
Employers Mutual Inc Chief Operating Officer Current
EMC Insurance Companies Executive Vice President Current
Employers Mutual Inc Executive Vice President Former
EMC Insurance Group Inc. Executive Vice President Former
Employers Mutual Inc Branch Manager Former

Organization Position Status
EMC Insurance Companies Executive Vice President, Corp Development Current
Employers Mutual Inc Executive Vice President, Corporate Development Current
EMC Insurance Group Inc. Executive Vice President, Corporate Development Current

Organization Position Status
EMC Insurance Group Inc. Senior Vice President Current
EMC Insurance Companies Senior Vice President, Claims Former

Organization Position Status
Employers Mutual Inc Senior Vice President, Administration Current
EMC Insurance Group Inc. Senior Vice President, Administration Current
EMC Insurance Companies Secretary & Senior Vice President Current
EMC Insurance Group Inc. Secretary Current

Organization Position Status
Employers Mutual Inc Senior Vice President, Business Development Current
EMC Insurance Group Inc. Senior Vice President, Business Development Current

Organization Position Status
EMC Insurance Group Inc. Senior Vice President, Investments Current
Employers Mutual Inc Senior Vice President, Investments Current
EMC Insurance Companies Treasurer & Senior Vice President Current
Employers Mutual Inc Treasurer Current
EMC Insurance Group Inc. Treasurer Current

Organization Position Status
Employers Mutual Inc Senior Vice President, Technology Current
EMC Insurance Group Inc. Senior Vice President, Technology Current

Organization Position Status
EMC Insurance Group Inc. Senior Vice President Current

Organization Position Status
EMC Insurance Group Inc. Senior Vice President, Claims Current
Employers Mutual Inc Senior Vice President, Claims Current

Organization Position Status
EMC Insurance Group Inc. Senior Vice President, Actuarial Current
Employers Mutual Inc Senior Vice President, Actuarial Current

Organization Position Status
EMC Insurance Group Inc. Vice President Current

Organization Position Status
EMC Insurance Group Inc. Resident Vice Presidents Current
EMC Insurance Group Inc. Branch Manager Former

Organization Position Status
EMC Insurance Group Inc. Resident Vice Presidents Current
EMC Insurance Group Inc. Branch Manager Former

Organization Position Status
EMC Insurance Group Inc. Resident Vice Presidents Current
EMC Insurance Group Inc. Branch Manager Former

Organization Position Status
EMC Insurance Group Inc. Assistant Vice President, Accounting Current
EMC Insurance Group Inc. Controller Former

Organization Position Status
EMC Insurance Group Inc. Vice President Current

Organization Position Status
EMC Insurance Group Inc. Resident Vice Presidents Current
EMC Insurance Group Inc. Branch Manager Former

Organization Position Status
EMC Insurance Group Inc. Resident Vice Presidents Current
EMC Insurance Group Inc. Branch Manager Former

Organization Position Status
EMC Insurance Group Inc. Resident Vice Presidents Current
EMC Insurance Group Inc. Branch Manager Former

Organization Position Status
EMC Insurance Group Inc. Resident Vice Presidents Current
EMC Insurance Group Inc. Chairman of the Board Current
EMC Insurance Companies Chairman of the Board Current
Employers Mutual Inc Director Current
Employers Mutual Inc President Former
EMC Insurance Group Inc. President Former
EMC Insurance Group Inc. Chief Operating Officer Former
Employers Mutual Inc Chief Operating Officer Former
EMC Insurance Group Inc. Branch Manager Former
EMC Insurance Group Inc. Director Former
EMC Insurance Companies Director Former

Organization Position Status
EMC Insurance Group Inc. Vice President Current

Organization Position Status
EMC Insurance Group Inc. Vice President Current

Organization Position Status
EMC Insurance Group Inc. Resident Vice Presidents Current
EMC Insurance Group Inc. Branch Manager Former

Organization Position Status
EMC Insurance Group Inc. Resident Vice Presidents Current
EMC Insurance Group Inc. Branch Manager Former

Organization Position Status
EMC Insurance Group Inc. Vice President Current

Organization Position Status
EMC Insurance Group Inc. Vice President Current

Organization Position Status
EMC Insurance Group Inc. Resident Vice Presidents Current
EMC Insurance Group Inc. Branch Manager Former

Organization Position Status
EMC Insurance Group Inc. Resident Vice Presidents Current
EMC Insurance Group Inc. Branch Manager Former

Organization Position Status
EMC Insurance Group Inc. Resident Vice Presidents Current
EMC Insurance Group Inc. Branch Manager Former

Organization Position Status
EMC Insurance Group Inc. Vice President Current

Organization Position Status
EMC Insurance Group Inc. Vice President Current

Organization Position Status
EMC Insurance Group Inc. Resident Vice Presidents Current
EMC Insurance Group Inc. Branch Manager Former

Organization Position Status
EMC Insurance Group Inc. Vice President Current

Organization Position Status
EMC Insurance Group Inc. Resident Vice Presidents Current
EMC Insurance Group Inc. Branch Manager Former

Organization Position Status
EMC Insurance Group Inc. Vice President Current
EMC Insurance Group Inc. General Council Former

Organization Position Status
EMC Insurance Group Inc. Vice President Current

Organization Position Status
EMC Insurance Group Inc. Resident Vice Presidents Current
EMC Insurance Group Inc. Branch Manager Former

Organization Position Status
EMC Insurance Group Inc. Vice President Current

Organization Position Status
EMC Insurance Group Inc. Vice President, Internal Audit Current

Organization Position Status
EMC Insurance Group Inc. Director, Investor Relations Current
EMC Insurance Group Inc. Director, Investor Relations Former

Organization Position Status
EMC Insurance Group Inc. Branch Manager Current

Organization Position Status
Northern Iowa Die Casting, Inc President Current
Northern Iowa Die Casting, Inc Owner Current
EMC Insurance Group Inc. Financial Experts, Audit Committee Current
EMC Insurance Group Inc. Board of Directors Current
EMC Insurance Group Inc. Member, Compensation Committee Current
Drake University CPA Former

Organization Position Status
Onthank Company CEO Current
Onthank Company President Current
Onthank Company Chairman of the Board Current
EMC Insurance Group Inc. Chairman of the Board Current
Dkosopedia Board of Directors Current
Onthank Company Owner Former
EMC Insurance Group Inc. Board of Directors Former

Organization Position Status
EMC Insurance Group Inc. Chairman of the Board Current
EMC Insurance Companies Board of Directors Current
Employers Mutual Inc Director Current
Employers Mutual Inc Chief Operating Officer Former
EMC Insurance Group Inc. Chief Operating Officer Former
EMC Insurance Group Inc. Executive Vice President Former
Employers Mutual Inc Vice President Former
EMC Insurance Group Inc. Board of Directors Former

Organization Position Status
EMC Insurance Group Inc. Board Member Current

Organization Position Status
EMC Insurance Group Inc. Board Member Current

George C. Carpenter III was executive director of Iowa Public Television from November 1985 until his retirement in 1993. Prior to that time, he served as vice president of Palmer Communications and as vice president and general manager of WHO Broadcasting Company, a division of Palmer Communications. He was employed by WHO Broadcasting Company for 20 years.

Organization Position Status
EMC Insurance Companies Board of Directors Current
EMC Insurance Group Inc. Board of Directors Current
Palmer Communications Vice President Former
Palmer Communications General Manager Former
Iowa Public Television Executive Director Former
Iowa Public Television Board of Directors Former

Organization Position Status
EMC Insurance Group Inc. Board Member Current

Organization Position Status
EMC Insurance Group Inc. Board Member Current

Organization Position Status
EMC Insurance Group Inc. Board Member Current
Des Moines Orthopaedic Surgeons Orthopaedic Surgeon Former

Margaret Ball’s career in insurance spans more than 40 years. She retired from EMCC in 2001 as senior vice president of underwriting. She received her Chartered Property Casualty Underwriter (CPCU) designation as well as many other insurance designations. Ball was inducted into the Iowa Insurance Hall of Fame in 2002.

Organization Position Status
EMC Insurance Group Inc. Board of Directors Current
EMC Insurance Group Inc. Senior Vice President Former

Organization Position Status
EMC Insurance Group Inc. Director Current
EMC Insurance Companies Member of the Board of Directors of Koss Construction Company Current
Koss Construction Company Board Member Current
Koss Construction Company Chief Executive Officer Former
Koss Construction Company Chairman Former

Organization Position Status
EMC Insurance Group Inc. Board Member Current

Robert L. Howe spent thirty-eight years at the Iowa Insurance Division. He retired in 2002 as the Deputy Commissioner and Chief Examiner. Following his retirement from the Division, Mr. Howe became an insurance industry consultant with Insurance Strategies Consulting, L.L.C. Mr. Howe is a Certified Financial Examiner, a Certified Insurance Examiner and a Certified Government Financial Manager.

Organization Position Status
EMC Insurance Group Inc. Board of Directors Current
American Equity Investment Life Holding Co. Board of Directors Current
Eagle Insurance Alliance, Inc. Board of Directors Current
NYSE Group, Inc. independent director Former
Drake University Bachelor's Degree In Actuarial Science Former

Organization Position Status
EMC Insurance Group Inc. Board Member Current
Heatcraft, Inc. Vice President, Advanced Heat Transfer Former
Heatcraft, Inc. Director, Business Development Former
Lennox Industries Inc. District Manager, Baltimore, Virginia Sales Former

Executive News

  • EMC Insurance Group Inc. Announces an Industry Presentation by Management in New York City, NY

    Business Wire - 9/02/09 - View Story

  • EMC Insurance Group Inc. Declares 111th Consecutive Quarterly Dividend

    TradingMarkets - 8/25/09 - View Story

  • EMC Insurance Group Inc. Declares 111th Consecutive Quarterly Dividend

    RBC Dain Raushcer - 8/25/09 - View Story

  • EMC Insurance Group Inc. Declares 111th Consecutive Quarterly Dividend

    Stockwatch - 8/25/09 - View Story

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     EMCI $21.55 -0.27 (-1.23% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 31,124
Shares Outstanding 13.11M
Market Cap 282.5M
Year High 25.85
Year Low 18.01
Earnings Per Share 1.38
P/E Ratio 15.62
Dividend 0.72
Yield 3.34
IndustryTop Rated

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