<ARTICLE> 7 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM 9/30/94 BALANCE SHEET AND INCOME STATEMENT AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <CIK> 0000356130 <NAME> EMC INSURANCE GROUP INC. <PERIOD-TYPE> QTR-3 <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-END> SEP-30-1994 <DEBT-HELD-FOR-SALE> 95,179,680 <DEBT-CARRYING-VALUE> 233,021,915 <DEBT-MARKET-VALUE> 232,358,489 <EQUITIES> 0 <MORTGAGE> 0 <REAL-ESTATE> 0 <TOTAL-INVEST> 328,201,595 <CASH> 1,411,682 <RECOVER-REINSURE> 18,707,046 <DEFERRED-ACQUISITION> 9,188,912 <TOTAL-ASSETS> 388,500,078 <POLICY-LOSSES> 205,022,814 <UNEARNED-PREMIUMS> 51,885,824 <POLICY-OTHER> 0 <POLICY-HOLDER-FUNDS> 2,905,346 <NOTES-PAYABLE> 0 <COMMON> 10,525,939 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 104,087,065 <TOTAL-LIABILITY-AND-EQUITY> 388,500,078 <PREMIUMS> 121,445,455 <INVESTMENT-INCOME> 15,240,992 <INVESTMENT-GAINS> 448,959 <OTHER-INCOME> 334,707 <BENEFITS> 87,135,088 <UNDERWRITING-AMORTIZATION> 23,253,841 <UNDERWRITING-OTHER> 14,082,798 <INCOME-PRETAX> 12,998,386 <INCOME-TAX> 3,589,281 <INCOME-CONTINUING> 9,409,105 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 9,409,105 <EPS-PRIMARY> .90 <EPS-DILUTED> .90 <RESERVE-OPEN> 197,121,852 <PROVISION-CURRENT> 88,670,958 <PROVISION-PRIOR> (1,535,870) <PAYMENTS-CURRENT> 30,039,655 <PAYMENTS-PRIOR> 49,756,142 <RESERVE-CLOSE> 205,022,814 <CUMULATIVE-DEFICIENCY> (1,535,870)