UFCS United Fire Group Inc.

United Fire Group, Inc. announces new board appointment

United Fire Group, Inc. announces new board appointment

CEDAR RAPIDS, Iowa, Aug. 18, 2025 (GLOBE NEWSWIRE) -- United Fire Group, Inc. (UFG) (Nasdaq: UFCS) is pleased to announce the appointment of a new independent member to its board of directors, effective August 15, 2025. Gilda L. Spencer has been appointed as a Class A director and will serve on the board’s risk management and compensation and human capital committees. The board believes Spencer’s extensive legal expertise and deep understanding of the insurance industry will provide valuable guidance on regulatory, governance, and risk management matters critical to the company’s long-term success.

Spencer has a distinguished career as a seasoned attorney and insurance executive, currently serving as an adjunct professor for Loyola University Chicago School of Law. Between 2012 and 2021, Spencer held the role of senior vice president, deputy general counsel of dispute resolution services for Allstate, leading a team of 60 associates in managing the insurer’s litigation portfolio. Before joining Allstate, Spencer served as vice president, chief litigation counsel for Nationwide Mutual Insurance Company. Prior to joining Nationwide in 2001, she served as an assistant United States attorney for the Southern District of Ohio.

“We are pleased to welcome Gilda Spencer to our board of directors,” said UFG Chairperson of the Board Jim Noyce. “Gilda’s decades of legal and insurance experience will be a tremendous asset to the board as we work together to position the company for success and deliver long-term value to our shareholders.”

Spencer graduated from The Ohio State University with a bachelor’s degree in political science. She earned her law degree from the University of San Diego School of Law, where she served as president of the Black Law Students Association.

With Spencer’s appointment, the UFG board of directors will consist of 12 members.

About UFG

Founded in 1946 as United Fire & Casualty Company, UFG, through its insurance company subsidiaries, is engaged in the business of writing property and casualty insurance. The company is licensed as a property and casualty insurer in 50 states and the District of Columbia and is represented by approximately 1,000 independent agencies. AM Best assigns a rating of "A-" (Excellent) for members of the United Fire & Casualty Group. For more information about UFG, visit

Contact:

Investor relations

Email:

Media inquiries

Email:



EN
18/08/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on United Fire Group Inc.

 PRESS RELEASE

United Fire Group, Inc. announces new board appointment

United Fire Group, Inc. announces new board appointment CEDAR RAPIDS, Iowa, Aug. 18, 2025 (GLOBE NEWSWIRE) -- United Fire Group, Inc. (UFG) (Nasdaq: UFCS) is pleased to announce the appointment of a new independent member to its board of directors, effective August 15, 2025. Gilda L. Spencer has been appointed as a Class A director and will serve on the board’s risk management and compensation and human capital committees. The board believes Spencer’s extensive legal expertise and deep understanding of the insurance industry will provide valuable guidance on regulatory, governance, and ri...

 PRESS RELEASE

United Fire Group, Inc. declares quarterly cash dividend of $0.16 per ...

United Fire Group, Inc. declares quarterly cash dividend of $0.16 per share CEDAR RAPIDS, Iowa, Aug. 15, 2025 (GLOBE NEWSWIRE) -- Today, the board of directors of United Fire Group, Inc. (UFG) (Nasdaq: UFCS) declared a common stock quarterly cash dividend of $0.16 per share. This dividend will be payable September 12, 2025, to shareholders of record as of August 29, 2025. UFG has a long history of paying quarterly dividends, with the quarterly cash dividend declared today marking the 230th consecutive quarterly dividend paid, dating back to March 1968. About UFG Founded in 1946 as Unit...

 PRESS RELEASE

United Fire Group, Inc. reports second quarter 2025 results

United Fire Group, Inc. reports second quarter 2025 results Second quarter net income of $0.87 per diluted share and adjusted operating income of $0.90 per diluted share Second quarter 2025 highlights compared to second quarter 2024, unless otherwise noted:(1) Net income increased $25.7 million to $22.9 million.Net investment income increased 20% to $21.7 million.Combined ratio improved 9.2 points to 96.4%; composed of an underlying loss ratio of 57.6%, catastrophe loss ratio of 5.5%, favorable prior year reserve development of 1.6%, and underwriting expense ratio of 34.9%.Underlying ...

 PRESS RELEASE

United Fire Group, Inc. announces its second quarter 2025 earnings cal...

United Fire Group, Inc. announces its second quarter 2025 earnings call CEDAR RAPIDS, Iowa, July 23, 2025 (GLOBE NEWSWIRE) -- United Fire Group, Inc. (Nasdaq: UFCS) (UFG) announced today that its second quarter 2025 earnings results will be released after the market closes on Tuesday, August 5, 2025. An earnings call will be held on Wednesday, August 6, 2025, at 9 a.m. CT to allow securities analysts, shareholders and other interested parties the opportunity to hear management discuss the company's second quarter 2025 results. Teleconference: Dial-in information for the call is toll-free...

 PRESS RELEASE

United Fire Group, Inc. announces senior notes offering

United Fire Group, Inc. announces senior notes offering CEDAR RAPIDS, Iowa, July 10, 2025 (GLOBE NEWSWIRE) -- United Fire Group, Inc. (UFG) (Nasdaq: UFCS), a property and casualty insurance holding company, today announced that it has successfully completed a placement of $30 million aggregate principal senior unsecured 9.0% Series B notes due May 31, 2039, (the “notes”) in a private offering (the “offering”) with Ares Alternative Credit funds. Proceeds from the offering will be used to support anticipated growth and for general corporate purposes. Stonybrook Capital, LLC served as the c...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch