Emc Insurance Group Inc (EMCI): Elizabeth A Nigut , Senior Vice President of Emc Insurance Group Inc sold 1,355 shares on Jun 14, 2016. The Insider selling transaction was reported by the company on Jun 15, 2016 to the Securities and Exchange Commission. The shares were sold at $26.77 per share for a total value of $36,261.42 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 9, 2016, Lisa Anne Simonetta (Senior Vice President) sold 1,242 shares at $26.49 per share price.On Jun 6, 2016, Mark E Reese (Senior Vice President & CFO) sold 339 shares at $26.90 per share price.Also, On May 18, 2016, Ronald Allan Paine (Senior Vice President) sold 1,108 shares at $26.95 per share price.On Dec 16, 2015, Michael Alan Lovell (Senior Vice President) sold 563 shares at $25.67 per share price.
EMC Insurance Group: On Tuesday, Jun 14, 2016 heightened volatility was witnessed in EMC Insurance Group which led to swings in the share price. The shares opened for trading at $26.8 and hit $27.07 on the upside , eventually ending the session at $27.01, with a gain of 1.01% or 0.27 points. The heightened volatility saw the trading volume jump to 25,110 shares. The 52-week high of the share price is $27.89 and the company has a market cap of $566 M . The 52-week low of the share price is at $20.23.
EMC Insurance Group Inc. (EMC Insurance Group) is an insurance holding company. The Company through its subsidiaries conducts operations in property and casualty insurance and reinsurance. The Company focuses on the sale of commercial lines of property and casualty insurance to small and medium-sized businesses. The Company markets its insurance products in 41 states in the United States. The majority of its business is marketed and generated in the Midwest. The Company conducts its business in two segments: Property and Casualty Insurance and Reinsurance segment. EMC Insurance Group is approximately 58% owned by Employers Mutual Casualty Company (Employers Mutual) a multiple-line property and casualty insurance company.