reports
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...
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...
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 ...
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...
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...
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, May 21, 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 June 20, 2025, to shareholders of record as of June 6, 2025. UFG has a long history of paying quarterly dividends, with the quarterly cash dividend declared today marking the 229th consecutive quarterly dividend paid, dating back to March 1968. About UFG Founded in 1946 as United Fire &...
United Fire Group, Inc. reports on annual meeting of shareholders
United Fire Group, Inc. reports on annual meeting of shareholders Director elections to the board of directors announced Director elections to the board of directors CEDAR RAPIDS, Iowa, May 21, 2025 (GLOBE NEWSWIRE) -- United Fire Group, Inc. (UFG) (Nasdaq: UFCS) announced today that its shareholders elected three Class B directors to its 11-member board of directors at the 2025 annual meeting of shareholders held on May 21, 2025. The following individuals were each elected as Class B directors to serve three-year terms expiring in 2028: John-Paul Besong, retired chief information off...
United Fire Group, Inc. reports first quarter 2025 results
United Fire Group, Inc. reports first quarter 2025 results First quarter net income of $0.67 per diluted share and adjusted operating income of $0.70 per diluted share First quarter 2025 highlights compared to first quarter 2024, unless otherwise noted:(1) Net income increased 31% to $17.7 million.Net investment income increased 44% to $23.5 million.Combined ratio increased 0.5 points to 99.4%; composed of an underlying loss ratio of 56.5%, catastrophe loss ratio of 5.0%, no prior year reserve development, and underwriting expense ratio of 37.9%.Underlying combined ratio increased 0.1 poi...
United Fire Group, Inc. announces its first quarter 2025 earnings call
United Fire Group, Inc. announces its first quarter 2025 earnings call CEDAR RAPIDS, Iowa, April 23, 2025 (GLOBE NEWSWIRE) -- United Fire Group, Inc. (Nasdaq: UFCS) (UFG) announced today that its first quarter 2025 earnings results will be released after the market closes on Tuesday, May 6, 2025. An earnings call will be held on Wednesday, May 7, 2025, at 10 a.m. CT to allow securities analysts, shareholders and other interested parties the opportunity to hear management discuss the company's first quarter 2025 results. Teleconference: Dial-in information for the call is toll-free 1-844-...
United Fire Group, Inc. Declares a Common Stock Quarterly Cash Dividen...
United Fire Group, Inc. Declares a Common Stock Quarterly Cash Dividend of $0.16 per Share CEDAR RAPIDS, Iowa, Feb. 21, 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 March 21, 2025 to shareholders of record as of March 7, 2025. UFG has a long history of paying quarterly dividends, with the quarterly cash dividend declared today marking the 228th consecutive quarterly dividend paid, dating back to March 1968. About UFG Founded in 19...
United Fire Group, Inc. Reports Fourth Quarter and Full Year 2024 Resu...
United Fire Group, Inc. Reports Fourth Quarter and Full Year 2024 Results Fourth quarter net income of $1.21 per diluted share and adjusted operating income of $1.25 per diluted share; full year net income of $2.39 per diluted share and adjusted operating income of $2.56 per diluted share Fourth quarter 2024 highlights compared to fourth quarter 2023:(1) Net income increased from $19.6 million to $31.4 million.Net investment income increased 21.2% to $23.2 million.Combined ratio improved 4.8 points to 94.4%; composed of an underlying loss ratio of 55.7%, catastrophe loss ratio of 1.6%...
United Fire Group, Inc. Announces Its 2024 Fourth Quarter Earnings Cal...
United Fire Group, Inc. Announces Its 2024 Fourth Quarter Earnings Call CEDAR RAPIDS, Iowa, Jan. 29, 2025 (GLOBE NEWSWIRE) -- United Fire Group, Inc. (Nasdaq: UFCS) (the "Company", "UFG", "we", or "our") announced today that its 2024 fourth quarter earnings results will be released after the market closes on Tuesday, February 11, 2025. An earnings call will be held on Wednesday, February 12, 2025 at 9:00 a.m. central time to allow securities analysts, shareholders and other interested parties the opportunity to hear management discuss the Company's 2024 fourth quarter results. Teleconfer...
United Fire Group, Inc. Reports Third Quarter 2024 Results
United Fire Group, Inc. Reports Third Quarter 2024 Results Net income of $0.76 per diluted share and adjusted operating income of $0.81 per diluted share Third quarter 2024 highlights compared to third quarter 2023:(1) Net income increased from $6.4 million to $19.7 million.Net investment income increased 49% to $24.5 million.GAAP combined ratio improved 3.8 points to 98.2%; composed of an underlying loss ratio of 57.9%, catastrophe loss ratio of 4.4%, no prior year reserve development, and underwriting expense ratio of 35.9%.The underlying combined ratio improved 2.1 points to 93.8%.Net...
United Fire Group, Inc. Announces Its 2024 Third Quarter Earnings Call
United Fire Group, Inc. Announces Its 2024 Third Quarter Earnings Call CEDAR RAPIDS, Iowa, Oct. 22, 2024 (GLOBE NEWSWIRE) -- United Fire Group, Inc. (Nasdaq: UFCS) (the "Company", "UFG", "we", or "our") announced today that its 2024 third quarter earnings results will be released after the market closes on Tuesday, November 5, 2024. An earnings call will be held on Wednesday, November 6, 2024 at 9:00 a.m. central time to allow securities analysts, shareholders and other interested parties the opportunity to hear management discuss the Company's 2024 third quarter results. Teleconference:...
United Fire Group, Inc. Declares a Common Stock Quarterly Cash Dividen...
United Fire Group, Inc. Declares a Common Stock Quarterly Cash Dividend of $0.16 per Share CEDAR RAPIDS, Iowa, Aug. 16, 2024 (GLOBE NEWSWIRE) -- Today, the Board of Directors of United Fire Group, Inc. (Nasdaq: UFCS) ("UFG") declared a common stock quarterly cash dividend of $0.16 per share. This dividend will be payable September 13, 2024 to shareholders of record as of August 30, 2024. UFG has a long history of paying quarterly dividends, with the quarterly cash dividend declared today marking the 226th consecutive quarterly dividend paid, dating back to March 1968. About UFG Founded...
United Fire Group, Inc. Reports Second Quarter 2024 Results
United Fire Group, Inc. Reports Second Quarter 2024 Results Second Quarter Net Loss of $0.11 per Diluted Share and Adjusted Operating Loss of $0.07 per Diluted Share Second quarter 2024 highlights: Net loss of $2.7 million includes a $3.2 million pre-tax charge for an estimated contingent liability related to rating errors.Net premiums written(1) increased 9.0% to $326.1 million compared to the second quarter of 2023.Net investment income increased 59.2% to $18.0 million compared to the second quarter of 2023.GAAP combined ratio of 105.6% improved 27.4 points compared to the second quarte...
United Fire Group, Inc. Announces Its 2024 Second Quarter Earnings Cal...
United Fire Group, Inc. Announces Its 2024 Second Quarter Earnings Call CEDAR RAPIDS, Iowa, July 23, 2024 (GLOBE NEWSWIRE) -- United Fire Group, Inc. (Nasdaq: UFCS) (the "Company", "UFG", "we", or "our") announced today that its 2024 second quarter earnings results will be released after the market closes on Tuesday, August 6, 2024. An earnings call will be held on Wednesday, August 7, 2024 at 9:00 a.m. central time to allow securities analysts, shareholders and other interested parties the opportunity to hear management discuss the Company's 2024 second quarter results. Teleconference...
United Fire Group announces completion of debt offering
United Fire Group announces completion of debt offering CEDAR RAPIDS, Iowa, June 03, 2024 (GLOBE NEWSWIRE) -- United Fire Group, Inc (the “Company” or “UFG”) (NASDAQ: UFCS), a property and casualty insurance holding company, today announced that it has successfully completed a placement of $70 million aggregate principal senior unsecured 9.0% notes due May 31, 2039 (the “Notes”) in a private offering (the “Offering”) with Ares Management Credit funds as the lead investor. Proceeds from the Offering will be used to support anticipated growth and for general corporate purposes. “We are ple...
United Fire Group, Inc. Reports on Annual Meeting of Shareholders
United Fire Group, Inc. Reports on Annual Meeting of Shareholders Director Elections to the Board of Directors Announced Director Elections to the Board of Directors CEDAR RAPIDS, Iowa, May 16, 2024 (GLOBE NEWSWIRE) -- United Fire Group, Inc. (Nasdaq: UFCS) (the "Company" or "UFG") announced today that its shareholders elected four Class C Directors to our 11-member board of directors at the 2024 Annual Meeting of Shareholders held on May 15, 2024. The following individuals were each elected as Class C Directors to serve three-year terms expiring in 2027. Mark A. Green, Operating Part...
United Fire Group, Inc. Declares a Common Stock Quarterly Cash Dividen...
United Fire Group, Inc. Declares a Common Stock Quarterly Cash Dividend of $0.16 per Share CEDAR RAPIDS, IOWA , May 15, 2024 (GLOBE NEWSWIRE) -- Today, the Board of Directors of United Fire Group, Inc. (Nasdaq: UFCS) ("UFG") declared a common stock quarterly cash dividend of $0.16 per share. This dividend will be payable June 14, 2024 to shareholders of record as of May 31, 2024. UFG has a long history of paying quarterly dividends, with the quarterly cash dividend declared today marking the 225th consecutive quarterly dividend paid, dating back to March 1968. About UFG Founded i...
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