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EMC Insurance Group Inc (EMCI.OQ)

EMCI.OQ on NASDAQ Stock Exchange Global Select Market

32.23USD
15 Feb 2019
Change (% chg)

$0.31 (+0.97%)
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Open
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Volume
5,285
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Latest Key Developments (Source: Significant Developments)

EMC Insurance Group Reports 2018 Fourth Quarter And Year-End Results
Thursday, 7 Feb 2019 

Feb 7 (Reuters) - EMC Insurance Group Inc ::GROUP INC. REPORTS 2018 FOURTH QUARTER AND YEAR-END RESULTS AND ANNOUNCES 2019 NON-GAAP OPERATING INCOME* GUIDANCE.SEES FY 2019 NON-GAAP OPERATING EARNINGS PER SHARE $1.35 TO $1.55.Q4 LOSS PER SHARE $1.00.Q4 EARNINGS PER SHARE ESTIMATE $0.53 -- REFINITIV IBES DATA.Q4 NON-GAAP LOSS PER SHARE $1.00.  Full Article

Employers Mutual Casualty Co Says Had Indicated To EMCI, It Was Willing To Discuss Alternative Transaction Structures
Friday, 1 Feb 2019 

Feb 1 (Reuters) - Employers Mutual Casualty Co: :EMPLOYERS MUTUAL CASUALTY COMPANY CLARIFIES ITS NON-BINDING PROPOSAL TO ACQUIRE ALL SHARES OF EMC INSURANCE GROUP INC..EMCC - IN PROPOSAL TO EMCI, INDICATED IT WAS WILLING TO ENGAGE IN AN OPEN DISCUSSION WITH SPECIAL COMMITTEE ON ALTERNATIVE TRANSACTION STRUCTURES.EMCC - STATEMENT TO EMCI NOT INTENDED TO CONVEY EMCC WAS WILLING TO CONSIDER TRANSACTION THAT INVOLVES MERGER OF EMCC WITH/INTO A THIRD PARTY.EMCC - INTENDS TO CONTINUE OPERATING AS AN INDEPENDENT MUTUAL INSURANCE COMPANY.EMCC - CONTINUES TO BELIEVE THAT PROPOSED TRANSACTION FOR EMCI IS IN BEST INTEREST OF EMCI'S PUBLIC SHAREHOLDERS.  Full Article

EMC Insurance Group Announces Special Committee Retention Of Legal Counsel, Financial Advisor
Wednesday, 9 Jan 2019 

Jan 9 (Reuters) - EMC Insurance Group Inc ::EMC INSURANCE GROUP INC. ANNOUNCES SPECIAL COMMITTEE RETENTION OF LEGAL COUNSEL AND FINANCIAL ADVISOR.EMC INSURANCE GROUP - RETENTION OF LEGAL COUNSEL AND FINANCIAL ADVISOR IN CONNECTION WITH REVIEW, OF EMCC'S NOV 15 NON-BINDING PROPOSAL LETTER.EMC INSURANCE GROUP INC - SPECIAL COMMITTEE IS CONSIDERING AND EVALUATING PROPOSAL FROM EMPLOYERS MUTUAL CASUALTY COMPANY.  Full Article

EMC Insurance Group Inc. Announces Receipt Of Non-Binding Proposal From Employers Mutual Casualty Company
Wednesday, 21 Nov 2018 

Nov 20 (Reuters) - EMC Insurance Group Inc ::EMC INSURANCE GROUP INC. ANNOUNCES RECEIPT OF NON-BINDING PROPOSAL FROM EMPLOYERS MUTUAL CASUALTY COMPANY TO ACQUIRE SHARES AND FORMATION OF SPECIAL COMMITTEE.EMC INSURANCE GROUP INC - EMCC CURRENTLY OWNS APPROXIMATELY 55% OF OUTSTANDING SHARES OF COMPANY'S COMMON STOCK..EMC INSURANCE GROUP INC - PROPOSAL PROVIDES THAT SHARES WILL BE PURCHASED AT A PRICE OF $30 PER SHARE IN CASH.EMC INSURANCE GROUP INC - SPECIAL COMMITTEE INTENDS TO RETAIN ITS OWN INDEPENDENT FINANCIAL AND LEGAL ADVISORS TO ASSIST IT IN CONSIDERING PROPOSAL..EMC INSURANCE GROUP INC - ESTABLISHED A SPECIAL COMMITTEE CONSISTING OF COMPANY'S FOUR INDEPENDENT DIRECTORS TO CONSIDER PROPOSAL.EMC INSURANCE GROUP INC - SPECIAL COMMITTEE INTENDS TO RETAIN ITS OWN INDEPENDENT FINANCIAL AND LEGAL ADVISORS TO ASSIST IT IN CONSIDERING PROPOSAL..EMC INSURANCE - RECEIPT OF A NON-BINDING INDICATIVE PROPOSAL DATED NOVEMBER 15, 2018 FROM PARENT COMPANY EMPLOYERS MUTUAL CASUALTY COMPANY.  Full Article

EMC Insurance Reports Q3 Earnings Per Share $0.89
Wednesday, 7 Nov 2018 

Nov 7 (Reuters) - EMC Insurance Group Inc ::Q3 EARNINGS PER SHARE $0.89 .GROUP INC. REPORTS 2018 THIRD QUARTER AND NINE MONTH RESULTS.Q3 EARNINGS PER SHARE VIEW $0.42 -- THOMSON REUTERS I/B/E/S.GROUP INC QUARTERLY NON-GAAP OPERATING INCOME PER SHARE $0.48.SEES FY 2018 NON-GAAP OPERATING EARNINGS PER SHARE $1.30 TO $1.50.  Full Article

EMC Insurance Group Announces Q3 Estimates
Wednesday, 31 Oct 2018 

Oct 30 (Reuters) - EMC Insurance Group Inc ::GROUP INC. ANNOUNCES THIRD QUARTER ESTIMATES AND REVISES 2018 NON-GAAP OPERATING INCOME GUIDANCE*.SEES FY 2018 NON-GAAP OPERATING EARNINGS PER SHARE $1.30 TO $1.50.GROUP INC - SEES Q3 NON-GAAP OPERATING INCOME* IN RANGE OF $0.46 TO $0.50 PER SHARE.EMC INSURANCE GROUP INC - SEES Q3 NET INCOME IN RANGE OF $0.87 TO $0.91/SHARE.  Full Article

EMC Insurance Group Sees Q4 Net Income Of $0.87 To $0.91 Per Share
Wednesday, 31 Oct 2018 

Oct 30 (Reuters) - EMC Insurance Group Inc ::GROUP INC. ANNOUNCES THIRD QUARTER ESTIMATES AND REVISES 2018 NON-GAAP OPERATING INCOME GUIDANCE*.SEES FY 2018 NON-GAAP OPERATING EARNINGS PER SHARE $1.30 TO $1.50.GROUP INC - EXPECTS Q4 TO REPORT NET INCOME IN RANGE OF $0.87 TO $0.91 PER SHARE.GROUP INC - SEES Q3 NON-GAAP OPERATING INCOME* IN RANGE OF $0.46 TO $0.50 PER SHARE.  Full Article

EMC Insurance Companies Enters Agreement With Safeco Insurance
Tuesday, 30 Oct 2018 

Oct 29 (Reuters) - EMC Insurance Group Inc ::EMC INSURANCE COMPANIES® ENTERS INTO AN AGREEMENT WITH SAFECO INSURANCE® FOR TRANSITION OF PERSONAL LINES BUSINESS.EMC INSURANCE GROUP - ENTERED AGREEMENT TO GIVE EMC-LICENSED AGENTS OPPORTUNITY TO TRANSITION EMC PERSONAL LINES POLICIES TO SAFECO STARTING Q1 2019.  Full Article

Emc Insurance Sees Q2 Loss Per Share Of $0.22 To $0.26
Thursday, 26 Jul 2018 

July 26 (Reuters) - EMC Insurance Group Inc ::GROUP INC. ANNOUNCES SECOND QUARTER ESTIMATES AND REVISES 2018 NON-GAAP OPERATING INCOME GUIDANCE*.SEES FY 2018 NON-GAAP OPERATING EARNINGS PER SHARE $0.95 TO $1.15.SEES Q2 LOSS PER SHARE $0.22 TO $0.26.SEES Q2 NON-GAAP OPERATING LOSS PER SHARE $0.00 TO $0.04.Q2 RESULTS WERE NEGATIVELY IMPACTED BY HIGHER THAN ANTICIPATED LEVEL OF NON-CATASTROPHE LOSSES IN PROPERTY & CASUALTY INSURANCE SEGMENT.GROUP - PROPERTY AND CASUALTY INSURANCE SEGMENT IS EXPECTED TO REPORT A GAAP COMBINED RATIO OF ABOUT 115.0 PERCENT FOR Q2.LOAD FOR CATASTROPHE AND STORM LOSSES REDUCED TO 7.7 PERCENT POINTS FROM PREVIOUS EXPECTATION OF 9.0 PERCENT POINTS FOR FY.  Full Article

EMC Insurance Group CEO ‍Bruce Kelley​ sells 13,503 shares of co's common stock on Nov 22
Monday, 27 Nov 2017 

Nov 27 (Reuters) - Emc Insurance Group Inc ::EMC INSURANCE GROUP INC CEO ‍BRUCE KELLEY​ REPORTS SALE OF 13,503 SHARES OF CO'S COMMON STOCK ON NOV 22 AT $30.31 PER SHARE - SEC FILING.  Full Article