UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 15, 2016
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| EMC INSURANCE GROUP INC. |
| (Exact name of registrant as specified in its charter) |
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| Iowa | | 0-10956 | | 42-6234555 |
| (State or other jurisdiction of incorporation) | | (Commission File Number) | | (I.R.S. Employer Identification No.) |
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| 717 Mulberry Street, Des Moines, Iowa | | 50309 |
| (Address of principal executive offices) | | (Zip Code) |
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| (515) 345‑2902 |
| (Registrant’s telephone number, including area code) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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| [ ] | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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| [ ] | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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| [ ] | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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| [ ] | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
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| Item 1.01 | Entry into a Material Definitive Agreement |
On November 3, 2015, EMC Insurance Group Inc. (the "Company") issued a press release announcing that the Inter-Company Committees of the boards of directors of the Company and Employers Mutual Casualty Company (Employers Mutual), the Company’s parent organization, approved a change in the inter-company reinsurance program between the Company's reinsurance subsidiary and Employers Mutual for calendar year 2016, and also approved a new inter-company reinsurance program between the Company's three insurance subsidiaries in the property and casualty insurance segment and Employers Mutual for calendar year 2016. These reinsurance programs are intended to reduce the volatility of the Company's quarterly results caused by excessive catastrophe and storms losses, and will provide protection from both the frequency and severity of such losses. Final regulatory approval of the reinsurance programs was received on February 10, 2016, and the reinsurance agreements were formally executed during the week of February 15, 2016. The reinsurance agreements are filed as Exhibit 10.1.4 and Exhibit 10.1.5.
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| Item 9.01 | Financial Statements and Exhibits. |
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| Exhibit Number | | Description |
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| 10.1.4 | | Aggregate Catastrophe Excess of Loss and Per Occurrence Catastrophe Excess of Loss Reinsurance Contract |
| 10.1.5 | | Semi-Annual Aggregate Catastrophe Excess of Loss Reinsurance Contract |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized, on February 19, 2016.
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| EMC INSURANCE GROUP INC. |
| Registrant |
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| /s/ Mark E. Reese |
| Mark E. Reese |
| Senior Vice President and |
| Chief Financial Officer |
EXHIBIT INDEX
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| Exhibit Number | | Description |
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| 10.1.4 | | Aggregate Catastrophe Excess of Loss and Per Occurrence Catastrophe Excess of Loss Reinsurance Contract |
| 10.1.5 | | Semi-Annual Aggregate Catastrophe Excess of Loss Reinsurance Contract |
