Glucagon's actions actually oppose those of insulin.....
"Exogenous administration of glucagon produces the same pharmacologic effects as endogenous glucagon. These effects include increases in blood glucose, relaxation of smooth muscle of the GI tract, and a positive inotropic and chronotropic effect on the heart. Increases in blood glucose are secondary to stimulation of glycogenolysis. In liver and adipose tissue, glucagon increases the production of adenylate cyclase, which catalyzes the conversion of ATP to cAMP. Cyclic AMP then initiates a series of enzymatic reactions that include activation of phosphorylase, which promotes the breakdown of glycogen to glucose. As a result, blood glucose levels are increased within minutes of glucagon administration. The degree to which glucagon increases blood glucose is dependent on the liver glycogen reserves and the presence of phosphorylases. The increase in blood glucose is not as great in patients with type I diabetes mellitus as compared to those with type II diabetes mellitus. The exact mechanism by which glucagon exerts its effects on GI smooth muscle and cardiac muscle are unknown."