United Fire Group Inc Stock Price, News & Analysis

United Fire Group (Nasdaq: UFCS) has appointed Gilda L. Spencer as a new independent Class A director to its board, effective August 15, 2025. Spencer, who will serve on the risk management and compensation and human capital committees, brings extensive legal and insurance industry expertise to the board.

Spencer's notable career includes serving as senior vice president and deputy general counsel at Allstate (2012-2021), vice president and chief litigation counsel at Nationwide Mutual Insurance, and assistant U.S. attorney for the Southern District of Ohio. She currently serves as an adjunct professor at Loyola University Chicago School of Law. With Spencer's appointment, the UFG board will comprise 12 members.

United Fire Group (NASDAQ:UFCS) has declared a quarterly cash dividend of $0.16 per share, payable on September 12, 2025, to shareholders of record as of August 29, 2025.

This declaration represents a significant milestone for UFG, marking their 230th consecutive quarterly dividend payment, maintaining a dividend distribution tradition that dates back to March 1968.

United Fire Group (NASDAQ:UFCS) reported strong second quarter 2025 results with net income of $22.9 million ($0.87 per diluted share), marking a $25.7 million increase year-over-year. The company achieved a combined ratio of 96.4%, improving 9.2 points from the previous year. Key highlights include a 14% increase in net written premium to $372.9 million, driven by strong core commercial lines performance, and a 20% increase in net investment income to $21.7 million.

The company demonstrated solid operational improvements with rate increases of 7.6% exceeding loss cost trends, and an underlying loss ratio improvement of 1.3 points to 57.6%. Book value per share increased to $33.18 as of June 30, 2025, representing a $2.38 increase from December 31, 2024.

United Fire Group (Nasdaq: UFCS) has scheduled its second quarter 2025 earnings release and conference call. The company will release Q2 2025 results after market close on August 5, 2025, followed by an earnings call on August 6, 2025, at 9 a.m. CT.

Investors can access the call via telephone using toll-free number 1-844-492-3723 (international: 1-412-542-4184). A digital replay will be available through August 13, 2025 using access code 5978627. The webcast can be accessed through UFG's investor relations website, and a transcript will be posted after the call.

United Fire Group (NASDAQ: UFCS) has successfully completed a private placement of $30 million senior unsecured notes. The Series B notes carry a 9.0% interest rate and will mature on May 31, 2039.

The offering was conducted with Ares Alternative Credit funds, with Stonybrook Capital serving as the exclusive financial advisor. The proceeds will be utilized to support the company's anticipated growth and general corporate purposes. The notes were offered under Rule 144A to qualified institutional buyers in the U.S. and to certain non-U.S. persons through Regulation S.

United Fire Group (NASDAQ: UFCS) has announced a quarterly cash dividend of $0.16 per share, maintaining its long-standing tradition of dividend payments. The dividend will be paid on June 20, 2025, to shareholders of record as of June 6, 2025. This marks the company's 229th consecutive quarterly dividend payment, demonstrating a remarkable dividend history dating back to March 1968.

United Fire Group (UFG) held its 2025 annual shareholders meeting on May 21, where three Class B directors were elected to the company's 11-member board for three-year terms expiring in 2028. The elected directors are: John-Paul Besong (retired CIO executive), Matthew R. Foran (co-founder and president of Stoic Lane), and James W. Noyce (retired insurance and financial services executive). Shareholders also ratified Ernst & Young LLP as the company's independent registered public accounting firm for 2025 and approved the compensation of named executive officers on an advisory basis.

United Fire Group (UFCS) reported strong Q1 2025 financial results with net income increasing 31% to $17.7 million ($0.67 per diluted share). Key highlights include:

The company achieved record net written premium of $335.4 million, up 4% year-over-year. Net investment income surged 44% to $23.5 million, driven by improved fixed maturity income. The combined ratio slightly increased by 0.5 points to 99.4%, while the underlying loss ratio improved by 2.9 points to 56.5%.

Core commercial renewal premiums grew 11.7%, with rates increasing 9.7%. Book value per share increased to $32.13, up $1.33 from December 2024. The company maintained its quarterly dividend tradition, paying $0.16 per share. Notable challenges included a 5% catastrophe loss ratio, with 2.6 points impact from California wildfires, and increased expenses due to a new policy administration system implementation.

United Fire Group (UFCS) has scheduled its first quarter 2025 earnings release for May 6, 2025, after market close. The company will host an earnings conference call on May 7, 2025, at 10 a.m. CT for analysts, shareholders, and interested parties. The call will be accessible via toll-free numbers (1-844-492-3723 domestic, 1-412-542-4184 international) and webcast. A digital replay will be available through May 14, 2025, and a transcript will be posted on the company's website after the call.