UFG News

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.

Released on: Sep 14, 2017

Employee surveys earn the Cedar Rapids-based company recognition for the third consecutive year.

Released on: Sep 8, 2017

September 8, 2017. As Hurricane Irma approaches Florida, UFG is deploying a catastrophe storm team to the area to assist our customers who are in the path of the storm.

Released on: Sep 8, 2017

UFG establishes relief fund to help employees impacted by Harvey.

Released on: Sep 6, 2017

September 6, 2017, Hurricane Harvey update

Released on: Aug 28, 2017

August 28, 2017, Hurricane Harvey Update

Released on: Aug 24, 2017

August 24, 2017, Hurricane Harvey update

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.

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.

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.

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.

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

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.

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.

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.

Released on: Feb 17, 2017

Today, the Board of Directors of United Fire Group, Inc. ("UFG" or the "Company") (Nasdaq:UFCS) declared a common stock quarterly cash dividend of $0.25 per share.

Released on: Feb 16, 2017

United Fire Group, Inc. (the “Company” or "UFG") (Nasdaq: UFCS) today reported consolidated net income, including net realized investment gains and losses, of $12.0 million ($0.46 per diluted share) for the three-month period ended December 31, 2016 (the "fourth quarter"), compared to consolidated net income of $30.9 million ($1.21 per diluted share) for the same period in 2015. For the year ended December 31, 2016 (the "full year"), consolidated net income, including investment gains and losses, was $49.9 million ($1.93 per diluted share) compared to $89.1 million ($3.53 per diluted share) for the same period in 2015.

Released on: Jan 17, 2017

CEDAR RAPIDS, IOWA-January 17, 2017-United Fire Group, Inc. (Nasdaq: UFCS) (the "Company", "UFG", "we", or "our") announced today that its 2016 fourth quarter and year-end earnings results will be released before the market opens on February 16, 2017.

Released on: Nov 18, 2016

Today, the Board of Directors (the "Board") of United Fire Group, Inc. (Nasdaq: UFCS) ("UFG" or the "Company") declared a common stock quarterly cash dividend of $0.25 per share.

Released on: Nov 2, 2016

United Fire Group, Inc. (the “Company” or "UFG") (Nasdaq:UFCS) today reported consolidated net income, including net realized investment gains and losses, of $12.4 million ($0.48 per diluted share) for the three-month period ended September 30, 2016 (the "third quarter"), compared to consolidated net income of $19.5 million ($0.77 per diluted share) for the same period in 2015. For the nine-month period ended September 30, 2016 ("year-to-date"), consolidated net income, including net realized investment gains and losses was $37.9 million ($1.47 per diluted share), compared to $58.2 million ($2.31 per diluted share) for the same period in 2015.