EMC Insurance Group Inc. revised earnings guidance for the year ended December 31, 2012. For the period, the company expects operating income to be approximately $2.54 per share. These results are significantly better than the company's most recent guidance, which anticipated operating income of $2.05 to $2.30 per share.

Catastrophe and storm losses are expected to have totaled approximately $53,460,000 ($2.70 per share after tax) compared to an unprecedented $80,331,000 ($4.04 per share after tax) in 2011. On a per share basis, the losses associated with Superstorm Sandy amounted to approximately $0.25 after tax.