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NEW YORK ( TheStreet) -- Meadowbrook Insurance Group (NYSE: MIG) hit a new 52-week high Wednesday as it is currently trading at $11.39, above its previous 52-week high of $11.36 with 24,482 shares traded as of 10:25 a.m. ET. Average volume has been 226,300 shares over the past 30 days. Meadowbrook Insurance Group has a market cap of $571.3 million and is part of the financial sector and insurance industry. Shares are up 4.8% year to date as of the close of trading on Tuesday. Meadowbrook Insurance Group, Inc., through its subsidiaries, operates as a specialty commercial insurance underwriter and insurance administration services company in the United States. The company has a P/E ratio of 11.8, equal to the average insurance industry P/E ratio and below the S&P 500 P/E ratio of 17.7.