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United Fire Group Inc - UFCS STOCK NEWS

Welcome to our dedicated page for United Fire Group news (Ticker: UFCS), a resource for investors and traders seeking the latest updates and insights on United Fire Group stock.

United Fire Group Inc (UFCS) provides property and casualty insurance through independent agents across multiple states. This news hub delivers official updates and analysis for stakeholders tracking the company's commercial lines, personal insurance offerings, and reinsurance strategies.

Access timely UFCS press releases covering earnings results, leadership appointments, product innovations, and regulatory developments. Our curated collection enables investors to monitor underwriting performance while analysts can assess market positioning within the competitive insurance sector.

Key updates on risk management practices, regional expansion initiatives, and actuarial developments are maintained here. Bookmark this page for verified information about UFCS operations, financial health, and strategic partnerships – essential for understanding this established insurer's evolving market role.

Rhea-AI Summary
United Fire Group, Inc. (UFCS) reports a fourth-quarter net income of $0.77 per diluted share and adjusted operating income of $0.65 per diluted share. Full-year net loss was $1.18 per diluted share. Highlights include increased underwriting and investment income, net premiums written of $246.8 million in Q4, and $1.1 billion for the full year. Book value per common share increased to $29.04 as of December 31, 2023.
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United Fire Group, Inc. (Nasdaq: UFCS) will release its 2023 fourth quarter earnings results on February 13, 2024, followed by an earnings call on February 14, 2024. The call aims to discuss the results with analysts, shareholders, and other interested parties. Dial-in and webcast details are provided for participation and replay. A transcript will also be available on the Company's website.
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United Fire Group Inc. (Nasdaq: UFCS) (UFG) appoints Kelly Walsh as chief underwriting officer, effective December 27, 2023. With over two decades of insurance industry experience, Walsh will lead all underwriting functions, applying high-level governance and rigor to each business unit.
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United Fire Group, Inc. (Nasdaq: UFCS) Declares $0.16 Per Share Quarterly Cash Dividend
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United Fire Group, Inc. (Nasdaq: UFCS) reported a net income of $6.4 million ($0.25 per diluted share) and adjusted operating income of $0.31 per diluted share for the third quarter of 2023. Net premiums written increased by 0.1% compared to the same period last year. Core commercial lines experienced growth of 2.7% driven by rate achievement and new business. The company's book value per common share decreased by 13.0% to $25.53 as of September 30, 2023, compared to December 31, 2022.
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United Fire Group, Inc. to release Q3 earnings results on November 1, 2023.
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United Fire Group, Inc. declares a quarterly cash dividend of $0.16 per share.
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AM Best downgrades credit ratings of United Fire Group, Inc. and its subsidiaries
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AM Best downgrades Financial Strength Rating of United Fire Group, Inc. subsidiaries to A- from A, stable outlook
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United Fire Group Inc

Nasdaq:UFCS

UFCS Rankings

UFCS Stock Data

690.69M
20.80M
18.41%
65.82%
0.96%
Insurance - Property & Casualty
Fire, Marine & Casualty Insurance
Link
United States
CEDAR RAPIDS