National Interstate Corporation expected to Report Fiscal Year 2009 Results on February 15, 2010. This event was calculated by Capital IQ (Created on November 3, 2009).

National Interstate Corporation held its earnings conference call. The company is looking for acquisition opportunities. Dave Michelson, President and CEO of the company said: �Well, I think pretty consistently our message has been that we do feel comfortable with our excess capital and recognize that we want to put it to use. And what we've been doing over the last couple years and continue to do is evaluate acquisition opportunities. And over the last couple years we've kissed a lot of frogs in hopes of finding that prince, and I think eventually we'll find that prince. But we continue to evaluate them. They're out there and at any point in time we're really kicking around one or two because the activity kinds of ebbs and flows, but there's not a lack of opportunities out there that are being passed our way.�

National Interstate Corporation reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported net income of $8.156 million or $0.42 per basic and diluted share on total revenues of $76.965 million compared to net loss of $4.228 million or $0.22 per basic and diluted share on total revenues of $72.704 million for the same period of last year. The company reported income before income taxes of $9.523 million on gross premiums written of $69.568 million and net premiums written of $58.984 million compared to loss before income taxes of $2.195 million on gross premiums written of $77.451 million and net premiums written of $62.415 million for the same period of last year. For the nine months, the company reported net income of $32.911 million or $1.70 per diluted share on total revenues of $228.815 million compared to net loss of $9.713 million or $0.50 per basic and diluted share on total revenues of $222.745 million for the same period of last year. The company reported income before income taxes of $45.637 million on gross premiums written of $279.746 million and net premiums written of $219.871 million compared to income before income taxes of $18.212 million on gross premiums written of $312.247 million and net premiums written of $239.573 million for the same period of last year. Book value per share was $13.47 as on September 30, 2009 compared to $11.20 as on December 31, 2008. Return on equity was 18.4% compared to $6.2% for the same period of last year. The Company's Board of Directors, at its October 28, 2009 meeting, increased the number of directors from eight to nine and elected Mr. Michelson to fill the newly created position with a term ending on the date of the Company's annual meeting of shareholders in 2011. Mr. Michelson joined the Company in 1992 and has served as its President and Chief Executive Officer since January 2008. The Company announced that its Board of Directors approved a $0.07 per share quarterly dividend at its October 28, 2009 meeting. The cash dividend will be payable on December 11, 2009 to shareholders of record of the Company's common stock as of the close of business on November 27, 2009. The company recorded total impairment charges recognized in earnings of $1.275 million for the third quarter of 2009.