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AM Best Affirms Credit Ratings of United Fire Group, Inc. and Its Property/Casualty Subsidiaries
United Fire & Casualty Company. Concurrently, AM Best has affirmed the Long-Term ICR of "bbb-" (Good) of UFG and the Long-Term Issue Credit Rating of "bbb-" (Good) on UFG's $100 ...
Source: BestWire   Date: August 26, 2025
AM Best Affirms Credit Ratings of United Fire Group, Inc. and Its Property/Casualty Subsidiaries
United Fire & Casualty Company. Concurrently, AM Best has affirmed the Long-Term ICR of "bbb-" (Good) of UFG and the Long-Term Issue Credit Rating of "bbb-" (Good) on UFG's $100 ...
Source: Press Releases   Date: August 26, 2025
Best's Credit Rating Notification - United Fire Group, Inc.
AM Best has made the following rating update: Company: United Fire Group, Inc. AMB #: 058589 Current Best's Credit Ratings: Best's Long-Term Issuer Credit Rating (LT-ICR): bbb- ...
Source: Rating Actions   Date: August 26, 2025
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AM Best Comments on United Fire Group, Inc.'s Re-Opened Senior Unsecured Notes
May 31, 2024, by United Fire Group, Inc. (UFG) (Cedar Rapids, IA) remains unchanged despite the additional notes being added as part of the same series. UFG has announced that it ...
Source: BestWire   Date: July 14, 2025
AM Best Comments on United Fire Group, Inc.’s Re-Opened Senior Unsecured Notes
May 31, 2024, by United Fire Group, Inc. (UFG) (Cedar Rapids, IA) remains unchanged despite the additional notes being added as part of the same series. UFG has announced that it ...
Source: Press Releases   Date: July 14, 2025
United Fire Fourth-Quarter Net Income Rises; Combined Ratio Improves 4.8 Points
Executive Officer Kevin Leidwinger said in a statement. Net written premiums rose 13% to $278.5 million. The combined ratio improved 4.8 points to 94.4. Growth was led by ...
Source: BestWire   Date: February 12, 2025
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United Fire Third-Quarter Net Income Jumps on Higher Premiums, Lower Losses
Executive Officer Kevin Leidwinger said. "Rate increases accelerated to 11.2%, exceeding loss trends with all liability lines near or exceeding double-digit rate increases." Net ...
Source: BestWire   Date: November 5, 2024
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Best's Credit Rating Notification - United Fire Group, Inc.
AM Best has made the following rating update: Company: United Fire Group, Inc. AMB #: 058589 Current Best's Credit Ratings: Best's Long-Term Issuer Credit Rating (LT-ICR): bbb- ...
Source: Rating Actions   Date: August 15, 2024
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AM Best Affirms Credit Ratings of United Fire Group, Inc. and Its Property/Casualty Subsidiaries
United Fire & Casualty Company. Concurrently, AM Best has affirmed the Long-Term ICR of "bbb-" (Good) of UFG as well as the Long-Term Issue Credit Rating of "bbb-" (Good) on UFG's ...
Source: Press Releases   Date: August 15, 2024
AM Best Affirms Credit Ratings of United Fire Group, Inc. and Its Property/Casualty Subsidiaries
United Fire & Casualty Company. Concurrently, AM Best has affirmed the Long-Term ICR of "bbb-" (Good) of UFG as well as the Long-Term Issue Credit Rating of "bbb-" (Good) on UFG's ...
Source: BestWire   Date: August 15, 2024
United Fire Narrows Second-Quarter Loss to $2.7 Million Amid Growth
Kevin Leidwinger said in a statement. "The quarter was marked by continued premium growth, lower underlying loss ratio, neutral prior-period development and increased investment ...
Source: BestWire   Date: August 6, 2024
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AM Best Assigns Issue Credit Rating to United Fire Group, Inc.’s New Senior Unsecured Notes
Credit Rating (rating) is stable. Concurrently, AM Best has withdrawn the indicative rating on the previously forthcoming debt following confirmation that the note has been issued. ...
Source: Press Releases   Date: June 5, 2024
AM Best Assigns Issue Credit Rating to United Fire Group, Inc.'s New Senior Unsecured Notes
Credit Rating (rating) is stable. Concurrently, AM Best has withdrawn the indicative rating on the previously forthcoming debt following confirmation that the note has been issued. ...
Source: BestWire   Date: June 5, 2024
United Fire CEO: Rates Outpace Loss Cost Trends as First-Quarter Net Income Climbs to $13.5M
The combined ratio improved 4.5 points to 98.9, the lowest in eight quarters. Commercial and assumed reinsurance led a 17.6% increase to $321.3 million in net premiums written, he ...
Source: BestWire   Date: May 8, 2024
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United Fire Reports $19.6 Million 4Q Net Income on Investments
The GAAP combined ratio was 99.2, compared with 103.9 in the fourth quarter of 2022. "Light catastrophe activity resulted in a fourth-quarter catastrophe loss ratio of 1.5%, well ...
Source: BestWire   Date: February 14, 2024
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Best's Credit Rating Notification - United Fire Group, Inc.
AM Best has made the following rating update: Company: United Fire Group, Inc. AMB #: 058589 Current Best's Credit Ratings: Best's Long-Term Issuer Credit Rating (LT-ICR): bbb- ...
Source: Rating Actions   Date: August 18, 2023
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United Fire Second-Quarter Net Loss Grows to $56.4 Million on Cats, Reserve Strengthening
Chief Executive Officer Kevin Leidwinger said in a statement. "The reserve strengthening is a result of enhanced actuarial processes within our company that have increased the ...
Source: BestWire   Date: August 7, 2023
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Increased Commercial Losses and Cats Drive Estimated Loss at United Fire
Kevin Leidwinger in a statement. In addition, the company expects estimated pretax catastrophe losses of $33 million for the quarter, it said. The result will be an estimated net ...
Source: BestWire   Date: August 1, 2023
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United Fire First-Quarter Net Income Sinks; CEO Says Hiring Deepens Expertise
The combined ratio worsened to 104 from 89.5. Net investment losses widened to $1.7 million from $465,000 a year earlier. Rates increased an average 5.8%, excluding workers' ...
Source: BestWire   Date: May 9, 2023
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United Fire 4Q Net Income Falls by More Than Half
The combined ratio worsened 20.5 points to 103.6. "Looking ahead, our strategic plan remains centered on long-term profitability, diversified growth ... continuous innovation and ...
Source: BestWire   Date: February 15, 2023
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