Latest EMC Insurance Headlines
All the headlines from our EMC Insurance Topic Page, ordered by recency.
Iowa’s EMC Insurance Updates Brand, Logo
Apr 9 2024 // Des Moines, Iowa-based EMC Insurance is debuting an updated brand, including a new logo, effective April 9. The company’s website and social media channels have been refreshed with the new look and feel. EMC’s...
EMC Insurance CEO Kelley To Retire in March; Jean Named as Successor
Dec 11 2019 // Bruce Kelley, CEO, president and treasurer, has informed the Employers Mutual Casualty Co. (EMC) board of directors that he is retiring in March, 2020 after 35 years with the insurer Scott Jean, currently executive vice...
Business Moves
Jun 3 2019 // East Alera Group, Phalanx Healthcare Alera Group has acquired Phalanx Healthcare Solutions LLC, effective March 1, 2019. Located in New York City, Phalanx is an insurance and reinsurance broker of medical malpractice...
Employers Mutual, EMC Insurance Agree on $36 Per Share Buyout Price
May 15 2019 // Des Moines, Iowa-based Employers Mutual Casualty Co. (EMCC) and EMC Insurance Group Inc. (EMCI) have entered into a mutual agreement under which EMCC will acquire all the remaining shares of EMCI that it does not currently...
Employers Mutual Looks to Acquire Outstanding Stock of EMC Group
Nov 26 2018 // Employers Mutual Casualty Co. has proposed to purchase all the outstanding common stock of its affiliate EMC Insurance Group Inc. As the parent company, Employers Mutual Casualty currently owns approximately 55 percent of...
EMC Insurance Exits Personal Lines Business; Safeco to Accept Accounts from Agents
Oct 31 2018 // Liberty Mutual’s Safeco insurance has agreed to accept the $132.5 million in personal lines business of Iowa-based EMC Insurance Companies. Safeco is offering EMC’s independent agents the opportunity to...
EMC Insurance Office to Replace Downtown Des Moines Buildings
Oct 20 2014 // An insurance company plans to begin demolishing three downtown Des Moines, Iowa, structures to make room for a new office building. EMC Insurance spokeswoman Lisa Hamilton tells The Des Moines Register that crews will...
Missouri Settles with EMC Insurance Cos. after Market Conduct Exams
Feb 10 2014 // Missouri insurance regulators settled with EMCASCO Insurance Co. and Employers Mutual Casualty Co. after market conduct examinations into their handling of workers’ compensation insurance. Department of Insurance...
Missouri Settles with EMC Insurance Cos. over Workers’ Comp Market Exams
Jan 26 2014 // Missouri insurance regulators have forged a settlement agreement with EMCASCO Insurance Co. and Employers Mutual Casualty Co. after market conduct examinations into their handling of workers’ compensation...
EMC Insurance Launches New School Safety Initiative
Feb 5 2013 // Des Moines, Iowa-based EMC Insurance Companies is partnering with SafeSchools to create safer learning environments for its insured schools. Schools insured by EMC will now have complimentary access to SafeSchools...
EMC Insurance Rolls Out Data Compromise Product
Feb 7 2012 // EMC Insurance Companies launched a new data compromise and identity recovery product at the start of February. The organization touts this as one of only a few products that offers this kind of coverage. The product was...
Catastrophes Take Toll on EMC Insurance Group’s Q2 Results
Jul 22 2011 // EMC Insurance Group Inc., based in Des Moines, Iowa, announced that second quarter 2011 operating results will be negatively impacted by a record amount of catastrophe losses. It expects to report a second quarter 2011...
Ratings Recap: EMC, Penn Millers, FMH
Jun 3 2011 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit rating of “a-” of EMC Insurance Companies (EMC) and its seven property/casualty insurance company...
Best Affirms EMC Group’s ‘A-‘ Ratings; Revises Outlook to Positive
May 19 2010 // A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength ratings (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of EMC Insurance Companies...
EMC Insurance reports tornado losses at $21 million
May 21 2007 // EMC Insurance Cos. said it expects to see losses of up to $21 million from storms in May, including devastating tornadoes that killed at least 11 people in Kansas. Des Moines-based EMC insures several businesses and homes...
Iowa EMC Insurance Reports Midwest Tornado Losses at $21 Million
May 15 2007 // EMC Insurance Cos. said it expects to see losses of up to $21 million from storms last weekend, including devastating tornadoes that killed at least 11 people in Kansas. Des Moines-based EMC insures several businesses and...
EMC Insurance Group Notes Change to Quota Share Reinsurance Deal
Dec 6 2005 // Iowa-based EMC Insurance Group Inc. announced that the terms of the Quota Share Reinsurance Agreement between the company’s reinsurance subsidiary, EMC Reinsurance Company, and Employers Mutual Casualty Company...
EMC Insurance Group Reports Q3 Results
Oct 27 2005 // EMC Insurance Group Inc. reported record third quarter operating income of $0.56 per share for the quarter ended Sept. 30, 2005 compared to operating income of $0.10 per share for the third quarter of 2004. Operating...
EMC Predicts Katrina Share Losses
Sep 6 2005 // EMC Insurance Group Inc., Des Moines, Iowa, expects losses associated with Hurricane Katrina to range from $0.28 to $0.32 per share. Losses in the property and casualty insurance segment are expected to range from $3.4...
EMC Group Reports Stock Purchase Program Initiated by Parent Company
May 12 2005 // Iowa-based EMC Insurance Group Inc. announced that its parent company, Employers Mutual Casualty Company, has initiated a $15 million stock purchase program under which Employers Mutual will purchase shares of the...