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2017

  • United Fire Group, Inc. Selects Guidewire Products to Transform Core Operations, Data, and Analytics Capabilities
    Released on: Dec 4, 2017
    CEDAR RAPIDS, Iowa and FOSTER CITY, Calif., December 4, 2017 – United Fire Group, Inc. (UFG) (Nasdaq: UFCS), a nationally-recognized Property and Casualty (P&C) insurer, and Guidewire Software, Inc. (NYSE: GWRE), a provider of software products to P&C insurers, today announced that UFG has selected Guidewire Core and Data products to modernize its systems and transform the way it does business. Guidewire PartnerConnect™ Consulting Premier member, PwC US, is the system integrator selected by UFG.
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  • United Fire Group, Inc. Declares a Common Stock Quarterly Cash Dividend of $0.28 per Share
    Released on: Nov 17, 2017
    Today, the Board of Directors of United Fire Group, Inc. (Nasdaq:UFCS) ("UFG") declared a common stock quarterly cash dividend of $0.28 per share. This dividend will be payable December 15, 2017, to shareholders of record as of December 1, 2017. UFG has consistently paid a quarterly cash dividend since 1968.
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  • United Fire Group, Inc. Reports Third Quarter 2017 Results
    Released on: Nov 8, 2017
    United Fire Group, Inc. (the “Company” or "UFG") (Nasdaq:UFCS) today reported a consolidated net loss, including net realized investment gains and losses, of $17.9 million ($0.72 per diluted share) for the three-month period ended September 30, 2017 (the "third quarter"), compared to consolidated net income of $12.4 million ($0.48 per diluted share) for the same period in 2016. For the nine-month period ended September 30, 2017 ("year-to-date"), consolidated net income, including net realized investment gains and losses, was $5.0 million ($0.20 per diluted share), compared to $37.9 million ($1.47 per diluted share) for the same period in 2016.
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  • United Fire Group, Reports Estimates for Third Quarter 2017 Results
    Released on: Oct 31, 2017
    CEDAR RAPIDS, Iowa, Oct. 31, 2017 (GLOBE NEWSWIRE) -- United Fire Group, Inc. (the “Company” or "UFG") (Nasdaq:UFCS) announced today that the third quarter 2017 results are expected to include estimated pre-tax catastrophe losses of approximately $29 million to $33 million. The estimated pre-tax catastrophe losses include approximately $10 million related to Hurricane Harvey, $8 million related to Hurricane Irma and $4 million related to Hurricane Maria. Looking forward to fourth quarter, we estimate our catastrophe losses associated with the California wildfires will be in the range of $2 million to $3 million.
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  • United Fire Group, Inc. Reports Third Quarter 2017 Results
    Released on: Oct 10, 2017
    CEDAR RAPIDS, Iowa, Oct. 10, 2017 (GLOBE NEWSWIRE) -- United Fire Group, Inc. (Nasdaq:UFCS) (the "Company", "UFG", "we", or "our") announced today that its 2017 third quarter earnings results will be released before the market opens on November 8, 2017.
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  • United Fire Group, Inc. Reaches Definitive Agreement to Sell its Subsidiary United Life Insurance Company to Kuvare US Holdings, Inc.
    Released on: Sep 19, 2017
    CEDAR RAPIDS, Iowa, Sept. 19, 2017 (GLOBE NEWSWIRE) -- United Fire Group, Inc. (Nasdaq:UFCS) (the "Company" or "UFG") announced today that its subsidiary, United Fire & Casualty Company ("United Fire"), has entered into a definitive agreement with Kuvare US Holdings, Inc. ("Kuvare") to sell its subsidiary, United Life Insurance Company ("United Life"), for $280 million in cash, subject to specified adjustments as set forth in the definitive agreement (the “Sale”). The purchase price represents a multiple of 1.2 times GAAP book value and 1.4 times GAAP book value excluding unrealized investment gains. The closing of the Sale, which is currently expected to occur in the first half of 2018, is subject to customary conditions, including regulatory approval. The Company anticipates that proceeds from the Sale will be used for various capital management initiatives which may include continued share repurchases, regular and extraordinary shareholder dividends and potential future acquisitions.
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  • UFG Named a Top Workplace for 2017
    Released on: Sep 14, 2017
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  • Hurricane Irma: Information for Policyholders
    Released on: Sep 8, 2017
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  • Hurricane Harvey Employee Relief Fund
    Released on: Sep 8, 2017
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  • Hurricane Harvey update
    Released on: Sep 6, 2017
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  • Hurricane Harvey Update
    Released on: Aug 28, 2017
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  • Hurricane Harvey Update
    Released on: Aug 24, 2017
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  • United Fire Group, Inc. Declares a Common Stock Quarterly Cash Dividend of $0.28 per Share
    Released on: Aug 18, 2017
    Today, the Board of Directors of United Fire Group, Inc. (Nasdaq: UFCS) ("UFG") declared a common stock quarterly cash dividend of $0.28 per share. This dividend will be payable September 15, 2017, to shareholders of record as of September 1, 2017. UFG has consistently paid a quarterly cash dividend since 1968.
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  • United Fire Group, Inc. Reports Second Quarter 2017 Results
    Released on: Aug 2, 2017
    United Fire Group, Inc. (the “Company” or "UFG") (Nasdaq:UFCS) today reported consolidated net income, including net realized investment gains and losses, of $3.0 million ($0.12 per diluted share) for the three-month period ended June 30, 2017 (the "second quarter"), compared to consolidated net income of $3.1 million ($0.12 per diluted share) for the same period in 2016. For the six-month period ended June 30, 2017 ("year-to-date"), consolidated net income, including net realized investment gains and losses, was $22.9 million ($0.89 per diluted share), compared to $25.5 million ($1.00 per diluted share) for the same period in 2016.
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  • United Fire Group, Inc. Announces its 2017 Second Quarter Earnings Call
    Released on: Jul 10, 2017
    CEDAR RAPIDS, Iowa, July 10, 2017 (GLOBE NEWSWIRE) -- United Fire Group, Inc. (Nasdaq:UFCS) (the "Company", "UFG", "we", or "our") announced today that its 2017 second quarter earnings results will be released before the market opens on August 2, 2017.
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  • United Fire Group, Inc. Approves a Dividend Increase and Declares a Common Stock Quarterly Cash Dividend of $0.28 per Share
    Released on: May 17, 2017
    Today, the Board of Directors of United Fire Group, Inc. (Nasdaq:UFCS) ("UFG") approved a dividend increase of 12.0 percent over the previous quarterly dividend and declared a common stock quarterly cash dividend of $0.28 per share. This dividend will be payable June 15, 2017, to shareholders of record as of June 1, 2017.
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  • UFG Insurance is one of six Iowa Insurance Companies to host Des Moines Insurance Conference on June 22nd
    Released on: May 15, 2017
    DES MOINES, Iowa--(BUSINESS WIRE)--Six Iowa insurance companies are collaborating to host the fourth annual Des Moines Insurance Conference on June 22, 2017 in Des Moines, Iowa
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  • UFG Named to Forbes’ ® 2017 List of “America’s 50 Most Trustworthy Financial Companies”
    Released on: May 4, 2017
    For the fourth consecutive year, United Fire Group, Inc. (“UFG”) (Nasdaq: UFCS) has been named to Forbes’ ® “America’s 50 Most Trustworthy Financial Companies.” UFG, a publicly-traded insurance company, offers business insurance, individual insurance, life insurance, annuities and surety bonds.
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  • United Fire Group, Inc. Reports First Quarter 2017 Results
    Released on: May 3, 2017
    United Fire Group, Inc. (the “Company” or "UFG") (Nasdaq:UFCS) today reported consolidated net income, including net realized investment gains and losses, of $19.9 million ($0.77 per diluted share) for the three-month period ended March 31, 2017 (the "first quarter"), compared to consolidated net income of $22.4 million ($0.88 per diluted share) for the same period in 2016. The Company reported consolidated operating income(2) of $0.67 per diluted share for the first quarter, compared to consolidated operating income of $0.83 per diluted share for the same period in 2016.
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  • United Fire Group, Inc. Announces its 2017 First Quarter Earnings Call
    Released on: Apr 7, 2017
    CEDAR RAPIDS, Iowa, April 07, 2017 (GLOBE NEWSWIRE) -- United Fire Group, Inc. (Nasdaq:UFCS) (the "Company", "UFG", "we", or "our") announced today that its 2017 first quarter earnings results will be released before the market opens on May 3, 2017.
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