form8k.htm
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):  March 10, 2010


 
EMC INSURANCE GROUP INC.
  
 
(Exact name of registrant as specified in its charter)
  

 
Iowa
  
0-10956
  
42-6234555
  
 
(State or other jurisdiction of incorporation)
  
(Commission File Number)
  
(I.R.S. Employer Identification No.)
  

 
717 Mulberry Street, Des Moines, Iowa
  
50309
  
 
(Address of principal executive offices)
  
(Zip Code)
  

 
(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:

o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 
 
 
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


On March 10, 2010, the Board of Directors of Employers Mutual Casualty Company, the parent company of the Registrant, approved the 2010 compensation arrangements for executive officers.  This action was recommended by Employers Mutual’s Senior Executive Compensation and Stock Option Committee and had previously been approved by the Registrant’s Compensation Committee.

Following are the 2010 base salaries for the Named Executive Officers of the Registrant.  The 2010 base salaries are retroactive to January 1, 2010.

Executive Officer
  
2010 Salary
  
       
Bruce G. Kelley
President and Chief Executive Officer
   $ 773,552  
         
Mark E. Reese
Senior Vice President and Chief Financial Officer
   $ 234,182  
         
William A. Murray
Executive Vice President and Chief Operating Officer
   $ 460,668  
         
Ronald W. Jean
Executive Vice President for Corporate Development
   $ 432,770  
         
Raymond W. Davis
Senior Vice President and Treasurer
   $ 295,048  

 
 
 

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 March 11, 2010.


 
EMC INSURANCE GROUP INC.
 
Registrant
   
   
 
/s/  Bruce G. Kelley
 
Bruce G. Kelley
 
President and Chief Executive Officer

   
 
/s/  Mark E. Reese
 
Mark E. Reese
 
Senior Vice President and
 
Chief Financial Officer