Released on: May 16, 2024, 16:01 PM

Company Release - 5/16/2024 5:00 PM ET -- 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 Partner at Vistria Group;
• Christopher R. Drahozal, Professor of Law at the University of Kansas Law School;
• Lura E. McBride, President and Chief Executive Officer of Van Meter Inc.; and
• George D. Milligan, President of The Graham Group, Inc.

In other official business, shareholders:

• ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for 2024; and
• approved, on an advisory basis, the compensation of the Company's named executive officers.

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. 

Through our subsidiaries, we are licensed as a property and casualty insurer in 50 states, plus the District of Columbia, and we are represented by approximately 1,000 independent agencies. A.M. Best Company assigns a rating of "A-" (Excellent) for members of the United Fire & Casualty Group. For more information about UFG, visit www.ufginsurance.com.

Contact:
Investor relations email: ir@unitedfiregroup.com
Media inquiries email: news@unitedfiregroup.com