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ALLIED GROUP DECLARES REGULAR DIVIDEND

 ALLIED GROUP DECLARES REGULAR DIVIDEND
 DES MOINES, IOWA, Oct. 15 /PRNewswire/ -- ALLIED Group, Inc.


(NASDAQ: ALGR) announced that its board of directors met this afternoon and approved a regular $.16 quarterly cash dividend payable Dec. 22, 1992, to holders of record on Dec. 11, 1992. At the current rate, the annualized dividend for 1992 will be $.64 per share.
 ALLIED Group, Inc. is a regional property-casualty insurance holding company specializing in personal lines. The company's property-casualty subsidiaries use independent agencies, exclusive agencies, and direct response marketing to offer products in the suburban and rural areas of central and western states.
 -0- 10/15/92
 /CONTACT: Jim Shaffer of Allied, 515-280-4326/
 (ALGR) CO: ALLIED Group, Inc. ST: Iowa IN: INS SU: DIV


KH -- MN024 -- 0652 10/15/92 16:49 EDT
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Publication:PR Newswire
Date:Oct 15, 1992
Words:130
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