United Fire Group (UFCS) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to loss of $2.27 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -75%. A quarter ago, it was expected that this property and casualty insurance company would post earnings of $0.55 per share when it actually produced earnings of $0.56, delivering a surprise of 1.82%. Over the last fo ...

Exhibit 99.1 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 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 se ...

Teleconference: Dial-in information for the call is toll-free 1-844-492-3723 (international 1-412-542-4184). Participants should request to join the United Fire Group call. The event will be archived and available for digital replay through August 14, 2024. The replay access information is toll-free 1-877-344-7529 (international 1-412-317-0088); access code no. 9685737. About UFG: For more information about UFG visit www.ufginsurance.com. CEDAR RAPIDS, Iowa, July 23, 2024 (GLOBE NEWSWIRE) -- United Fire Gro ...

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 corpo ...

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 corpo ...

United Fire Group, Inc. (NASDAQ:UFCS) Q1 2024 Earnings Conference Call May 8, 2024 10:00 AM ET Company Participants Tim Borst - Investor Relations Kevin Leidwinger - President and Chief Executive Officer Julie Stephenson - Executive Vice President and Chief Operating Officer Eric Martin - Executive Vice President and Chief Financial Officer Conference Call Participants Operator Good morning. My name is Anthony, and I will be your conference operator today. At this time, I would like to welcome everyone to t ...

Safe harbor statement and non-GAAP measures Non-GAAP Financial Measures 2 First quarter 2024 ▪ Net premiums written(1) of $321.3 million increased 17.6% compared to the first quarter of 2023 ▪ Underlying combined ratio of 94.3%(2) ▪ Net investment income of $16.3 million increased 28.5% compared to the first quarter of 2023 3 1) Net premiums written is a performance measure reflecting the amount charged for insurance policy contracts issued and recognized on an annualized basis at the effective date of the ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-34257 ________________________ UNITED FIRE GROUP, INC. (Exact name of registrant as specified in its charter) Iowa 45-2302834 (State of incorporation) (I.R ...

Exhibit 99.1 United Fire Group, Inc. Reports First Quarter 2024 Results First Quarter Net Income of $0.52 per Diluted Share and Adjusted Operating Income of $0.56 per Diluted Share First quarter 2024 highlights: CEDAR RAPIDS, Iowa - (GLOBE NEWSWIRE) - United Fire Group, Inc. (Nasdaq: UFCS), May 7, 2024 - FOR IMMEDIATE RELEASE United Fire Group, Inc. (the "Company" or "UFG") (Nasdaq: UFCS) today reported financial results for the three-month period ended March 31, 2024 (the "first quarter of 2024") with a co ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the fiscal year ended December 31, 2023 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from ______ to ______ Commission File Number 001-34257 UNITED FIRE GROUP, INC. (Exact name of registrant as specified in its charter) (State or other jurisdictio ...