Overview
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- TickerUFCS on Nasdaq1
- IndustryFire, Marine & Casualty Insurance1
- HeadquartersCedar Rapids, Iowa1
- Business address118 Second Ave Se, Cedar Rapids, Ia 524012
- Filer categoryAccelerated filer2
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Founded in 1946, United Fire Group, Inc. ("UFG", the "Registrant", the "Company", "we", "us", or "our") and its subsidiaries are engaged in the business of writing property and casualty insurance through a network of independent agencies. Our insurance company subsidiaries are currently licensed as property and casualty insurers in all 50 states, plus the District of Columbia. Our principal executive office is located at 118 Second Avenue SE, Cedar Rapids, Iowa 52401.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Other costs89¢$1.2B
- Interest1¢$11.3M
- Income tax2¢$29.7M
- Profit9¢$118.2M
Out of $1.4B in revenue.5
Where each dollar of operating cash went, fiscal 2025
- Dividends paid6¢$16.3M
- Kept or used elsewhere94¢$253.4M
Out of $269.7M of cash from operations.5
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net earned premium | $1.3B | $1.2B | $1.0B |
| Net investment income | $97.5M | $82.0M | $59.6M |
| Net investment gains (losses) | -$3.8M | -$5.4M | $1.3M |
| Total revenues | $1.4B | $1.3B | $1.1B |
| Losses and loss settlement expenses | $764.4M | $744.6M | $769.4M |
| Amortization of deferred policy acquisition costs | $315.3M | $281.3M | $245.0M |
| Other underwriting expenses | $146.6M | $140.9M | $115.8M |
| Interest Expense | $11.3M | $7.3M | $3.3M |
| Other non-underwriting expenses | $875.0K | $2.1M | $1.7M |
| Total benefits, losses and expenses | $1.2B | $1.2B | $1.1B |
| Income (loss) before income taxes | $147.9M | $77.0M | -$39.7M |
| Income tax expense (benefit) | $29.7M | $15.1M | -$10.0M |
| Net income (loss) | $118.2M | $62.0M | -$29.7M |
| Basic (in dollars per share) | $4.64 | $2.45 | -$1.18 |
| Diluted (in dollars per share) | $4.48 | $2.39 | -$1.18 |
| Basic (in shares) | 25.5M shares | 25.3M shares | 25.2M shares |
| Diluted (in shares) | 26.4M shares | 25.9M shares | 25.2M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Fixed maturities, available-for-sale, at fair value (amortized cost of $2,239,173 and $1,961,531; allowance for credit losses of $0 and $0) | $2.2B | $1.9B | ||
| Mortgage loans (less allowance for credit losses of $286 and $45) | $30.8M | $40.9M | ||
| Other long-term investments | $228.5M | $183.7M | ||
| Short-term investments | $0 | $100.0K | ||
| Total investments | $2.5B | $2.1B | ||
| Cash and cash equivalents | $156.3M | $200.9M | ||
| Accrued investment income | $18.2M | $15.8M | ||
| Premiums receivable (net of allowance for doubtful accounts of $1,899 and $1,604) | $497.9M | $450.8M | ||
| Deferred policy acquisition costs | $158.2M | $147.2M | ||
| Property and equipment at cost (less accumulated depreciation of $85,555 and $75,866) | $132.6M | $136.0M | ||
| Reinsurance receivables and recoverables (net of allowance for credit losses of $121 and $103) | $238.5M | $230.8M | ||
| Prepaid reinsurance premiums | $32.4M | $44.9M | ||
| Intangible assets, net | $3.2M | $3.9M | ||
| Deferred tax asset, net | $15.4M | $23.0M | ||
| Income taxes receivable | $532.0K | $14.2M | ||
| Other assets | $122.8M | $127.8M | ||
| Total assets | $3.8B | $3.5B | ||
| Losses and loss settlement expenses | $1.9B | $1.8B | $1.6B | $1.5B |
| Unearned premium | $660.2M | $621.4M | ||
| Accrued expenses and other liabilities | $168.4M | $171.6M | ||
| Long term debt | $146.2M | $117.1M | ||
| Total liabilities | $2.9B | $2.7B | ||
| Common stock, $0.001 par value; authorized 75,000,000 shares; 25,522,051 and 25,378,291 shares issued and outstanding | $25.0K | $25.0K | ||
| Additional paid-in capital | $223.9M | $215.9M | ||
| Retained earnings | $722.3M | $620.4M | ||
| Accumulated other comprehensive income (loss), net of tax | -$5.1M | -$54.8M | ||
| Total stockholders' equity | $941.2M | $781.5M | $733.7M | |
| Total liabilities and stockholders' equity | $3.8B | $3.5B | ||
| Available-for-sale, amortized cost | $2.2B | $2.0B | ||
| Available-for-sale securities, allowance for credit losses | $0 | $0 | ||
| Allowance for mortgage loan losses | $286.0K | $45.0K | ||
| Allowance for doubtful accounts | $1.9M | $1.6M | ||
| Property and equipment, accumulated depreciation | $85.6M | $75.9M | ||
| Reinsurance receivables, allowance for credit losses | $121.0K | $103.0K | ||
| Common stock, par value (in dollars per share) | $0.00 | $0.00 | ||
| Common stock, shares authorized (in shares) | 75.0M shares | 75.0M shares | ||
| Common stock, shares issued (in shares) | 25.5M shares | 25.4M shares | ||
| Common stock, shares outstanding (in shares) | 25.5M shares | 25.4M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Fixed maturities, available-for-sale, at fair value (amortized cost of $2,239,173 and $1,961,531; allowance for credit losses of $0 and $0) | $2.2B | $1.9B | ||
| Mortgage loans (less allowance for credit losses of $286 and $45) | $30.8M | $40.9M | ||
| Other long-term investments | $228.5M | $183.7M | ||
| Short-term investments | $0 | $100.0K | ||
| Total investments | $2.5B | $2.1B | ||
| Cash and cash equivalents | $156.3M | $200.9M | ||
| Accrued investment income | $18.2M | $15.8M | ||
| Premiums receivable (net of allowance for doubtful accounts of $1,899 and $1,604) | $497.9M | $450.8M | ||
| Deferred policy acquisition costs | $158.2M | $147.2M | ||
| Property and equipment at cost (less accumulated depreciation of $85,555 and $75,866) | $132.6M | $136.0M | ||
| Reinsurance receivables and recoverables (net of allowance for credit losses of $121 and $103) | $238.5M | $230.8M | ||
| Prepaid reinsurance premiums | $32.4M | $44.9M | ||
| Intangible assets, net | $3.2M | $3.9M | ||
| Deferred tax asset, net | $15.4M | $23.0M | ||
| Income taxes receivable | $532.0K | $14.2M | ||
| Other assets | $122.8M | $127.8M | ||
| Total assets | $3.8B | $3.5B | ||
| Losses and loss settlement expenses | $1.9B | $1.8B | $1.6B | $1.5B |
| Unearned premium | $660.2M | $621.4M | ||
| Accrued expenses and other liabilities | $168.4M | $171.6M | ||
| Long term debt | $146.2M | $117.1M | ||
| Total liabilities | $2.9B | $2.7B | ||
| Common stock, $0.001 par value; authorized 75,000,000 shares; 25,522,051 and 25,378,291 shares issued and outstanding | $25.0K | $25.0K | ||
| Additional paid-in capital | $223.9M | $215.9M | ||
| Retained earnings | $722.3M | $620.4M | ||
| Accumulated other comprehensive income (loss), net of tax | -$5.1M | -$54.8M | ||
| Total stockholders' equity | $941.2M | $781.5M | $733.7M | |
| Total liabilities and stockholders' equity | $3.8B | $3.5B | ||
| Available-for-sale, amortized cost | $2.2B | $2.0B | ||
| Available-for-sale securities, allowance for credit losses | $0 | $0 | ||
| Allowance for mortgage loan losses | $286.0K | $45.0K | ||
| Allowance for doubtful accounts | $1.9M | $1.6M | ||
| Property and equipment, accumulated depreciation | $85.6M | $75.9M | ||
| Reinsurance receivables, allowance for credit losses | $121.0K | $103.0K | ||
| Common stock, par value (in dollars per share) | $0.00 | $0.00 | ||
| Common stock, shares authorized (in shares) | 75.0M shares | 75.0M shares | ||
| Common stock, shares issued (in shares) | 25.5M shares | 25.4M shares | ||
| Common stock, shares outstanding (in shares) | 25.5M shares | 25.4M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income (loss) | $118.2M | $62.0M | -$29.7M |
| Net accretion of bond premium | $1.6M | $4.5M | $7.1M |
| Depreciation and amortization | $10.8M | $10.9M | $10.5M |
| Stock-based compensation expense | $9.0M | $5.5M | $3.2M |
| Net investment (gains) losses | $4.3M | $5.9M | -$1.5M |
| Net cash flows from trading investments | $0 | $56.4M | $116.1M |
| Deferred income tax benefit | -$5.7M | -$8.4M | -$8.3M |
| Accrued investment income | -$2.4M | $139.0K | -$1.5M |
| Premiums receivable | -$47.1M | $14.0M | -$99.1M |
| Deferred policy acquisition costs | -$11.0M | -$20.7M | -$22.3M |
| Reinsurance receivables | -$7.7M | -$7.6M | -$52.3M |
| Prepaid reinsurance premiums | $12.5M | -$17.2M | -$16.4M |
| Income taxes receivable | $13.6M | $7.3M | $10.0M |
| Other assets | $5.1M | -$2.3M | -$34.4M |
| Losses, claims and loss settlement expenses | $128.0M | $158.0M | $141.5M |
| Unearned premium | $38.8M | $72.1M | $75.0M |
| Accrued expenses and other liabilities | -$2.1M | $1.4M | $71.0M |
| Other, net | $3.8M | -$1.7M | $2.9M |
| Net cash provided by (used in) operating activities | $269.7M | $340.3M | $171.7M |
| Proceeds from sale of available-for-sale investments | $121.1M | $491.8M | $77.4M |
| Proceeds from call and maturity of available-for-sale investments | $258.8M | $178.8M | $80.1M |
| Proceeds from short-term and other investments | $14.6M | $9.4M | $4.6M |
| Purchase of available-for-sale investments | -$660.2M | -$872.9M | -$273.1M |
| Purchase of mortgage loans | $0 | $0 | -$8.1M |
| Purchase of short-term and other investments | -$53.7M | -$87.7M | -$19.9M |
| Net purchases and sales of property and equipment | -$6.4M | -$11.9M | -$10.9M |
| Net cash provided by (used in) investing activities | -$326.0M | -$292.5M | -$149.9M |
| Debt note issuance | $30.0M | $70.0M | $0 |
| Debt note issuance costs | -$1.1M | -$3.0M | $0 |
| Payment of cash dividends | -$16.3M | -$16.2M | -$16.2M |
| Issuance of common stock | -$993.0K | $348.0K | -$290.0K |
| Net cash provided by (used in) financing activities | $11.6M | $51.1M | -$16.5M |
| Net Change in Cash and Cash Equivalents | -$44.6M | $98.9M | $5.4M |
| Income taxes paid (refunded) | $23.6M | $16.1M | $1.3M |
| Interest paid | $11.3M | $7.2M | $3.3M |
No quarter-by-quarter statement was filed.
Corporate structure
UNITED FIRE GROUP INC sits at the top of its group. 14 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of UNITED FIRE GROUP INC
- VANGUARD GROUP INC Filed SCHEDULE 13G/A on UNITED FIRE GROUP INC, latest Mar 27, 2026 (6 filings since Feb 10, 2022)
- Dee Ann McIntyre Filed SCHEDULE 13G/A on UNITED FIRE GROUP INC, latest Feb 6, 2026 (3 filings since Feb 14, 2024)
- BlackRock Filed SCHEDULE 13G/A on UNITED FIRE GROUP INC, latest Apr 29, 2025 (5 filings since Jan 25, 2022)
- EARNEST PARTNERS LLC Filed SC 13G/A on UNITED FIRE GROUP INC, latest Sep 10, 2024 (6 filings since Feb 11, 2022)
- DIMENSIONAL FUND ADVISORS LP Filed SC 13G/A on UNITED FIRE GROUP INC, latest Feb 9, 2024 (3 filings since Feb 8, 2022)
- UNITED FIRE GROUP INC Cedar Rapids, Iowa
- Addison Insurance Company Subsidiary · Iowa, United States
- Financial Pacific Insurance Company Subsidiary · California, United States
- Franklin Insurance Company Subsidiary · Pennsylvania, United States
- Lafayette Insurance Company Subsidiary · Louisiana, United States
- McIntyre Cedar Corporate Member LLP Subsidiary · United Kingdom
- McIntyre Cedar UK Limited Subsidiary · United Kingdom
- Mercer Insurance Company Subsidiary · Pennsylvania, United States
- Mercer Insurance Company of New Jersey, Inc. Subsidiary · New Jersey, United States
- UFG Specialty Insurance Company Subsidiary · Iowa, United States
- United Fire & Casualty Company Subsidiary · Iowa, United States
- United Fire & Indemnity Company Subsidiary · Texas, United States
- United Fire Lloyds Subsidiary · Texas, United States
- United Real Estate Holdings, LLC Subsidiary · Iowa, United States
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What UNITED FIRE GROUP INC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Accumulated depreciation | $85.6M5 Dec 31, 2025 | $75.9M5 Dec 31, 2024 | +12.8% |
| Property and equipment, net | $132.6M5 Dec 31, 2025 | $136.0M5 Dec 31, 2024 | −2.5% |
| Operating-lease assets (leased space) | $12.8M5 Dec 31, 2025 | $21.4M5 Dec 31, 2024 | −40.2% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $156.3M5 Dec 31, 2025 | $200.9M5 Dec 31, 2024 | −22.2% |
| Equity securities at fair value | $09 Dec 31, 2024 | $55.0M9 Dec 31, 2023 | −100.0% |
| Loans, net of allowance | $30.8M5 Dec 31, 2025 | $40.9M5 Dec 31, 2024 | −24.7% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Intangible assets, net (excluding goodwill) | $3.2M5 Dec 31, 2025 | $3.9M5 Dec 31, 2024 | −18.2% |
Properties, in its own words
Our headquarters are located in Cedar Rapids, Iowa, where we own approximately 235,000 square feet of office and building space. In addition, we lease office and building space throughout the U.S. primarily for underwriting and claims operations in those locations. We believe our existing facilities, both owned and leased, are in good condition and suitable for the conduct of our business.
Item 2 of the 10-K filed Feb 26, 2026.4
Leadership
Who has led UNITED FIRE GROUP INC, and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
- Chief executive officerKevin James Leidwinger Aug 26, 2022 to now14
- Chief executive officerRandy A. Ramlo Feb 25, 2009 to Nov 3, 202215
- ChairJ. Scott McIntyre Jr. Feb 25, 2009 to Sep 21, 200916
- PresidentRandy A. Ramlo Feb 25, 2009 to Nov 3, 202215
- Chief financial officerEric J. Martin May 3, 2022 to now17
- Chief financial officerRandy L. Patten Oct 7, 2021 to Mar 14, 202218
- Chief financial officerKevin W. Helbing Dec 21, 2021 to Mar 14, 202219
- Chief financial officerDawn M. Jaffray Jul 7, 2015 to Feb 25, 202120
- Chief financial officerDianne M. Lyons Feb 25, 2009 to Feb 13, 201521
- Chief operating officerJulie A. Stephenson Feb 8, 2023 to now22
- Chief operating officerMichael T. Wilkins Feb 13, 2015 to Oct 4, 202223
- Chief operating officerMichael J. Sheeley Mar 10, 2011 to Feb 27, 201824
- Chief operating officerKent J. Hutchins Feb 25, 2009 to Aug 16, 201025
Board members and other officers (40)
- SVP - Chief Claim OfficerBrian Keith Rawlins Dec 9, 2025 to now26
- Chief Underwriting OfficerKelly A. Walsh Mar 4, 2024 to Jan 22, 202527
- Chief ActuaryKenneth W. Rupert Jr. Mar 4, 2024 to May 2, 202428
- Chief Administrative OfficerLindsay E. Lovvorn Mar 4, 2024 to May 2, 202429
- Chief Human Resources OfficerSteven Dennis Hernandez Aug 22, 2024 to now30
- VP - Chief Accounting OfficerAdam M. Vogt Nov 18, 2024 to now31
- VP & Chief UW OfficerJeremy Bahl May 24, 2022 to Mar 21, 202432
- VPMicah G. Woolstenhulme Nov 6, 2020 to Jan 16, 202533
- VP & Strategy OfficerRobert Francis Cataldo Aug 21, 2019 to Feb 26, 202434
- VP & Chief Claims OfficerCorey Lynn Ruehle Aug 23, 2019 to now35
- Assistant VP/Interim PFOKevin W. Helbing Nov 20, 2014 to Feb 12, 201636
- VP/Chief Investment OfficerBarrie W. Ernst Feb 25, 2009 to May 21, 202037
- VP/Chief Claims OfficerDavid E. Conner Feb 25, 2009 to Mar 12, 201938
- Pres - United Life Ins. Co.John A. Rife Feb 25, 2009 to May 19, 200939
- Executive Vice PresidentMichael T. Wilkins Feb 25, 2009 to Mar 31, 201440
- Board memberTeresa Jean Brown Aug 31, 2026 to now41
- Board memberGilda Livingston Spencer Aug 28, 2025 to now42
- Board memberMatthew R. Foran May 12, 2022 to now43
- Board memberMark A. Green May 17, 2022 to now44
- Board memberKevin James Leidwinger Aug 26, 2022 to now14
- Board memberLura E. McBride May 21, 2020 to now45
- Board memberSarah Fisher Gardial May 11, 2016 to May 16, 201946
- Board memberBrenda Kay Clancy Nov 21, 2016 to now47
- Board memberSusan E. Voss Feb 27, 2014 to now48
- Board memberJohn Paul E. Besong Feb 19, 2013 to now49
- Board memberScott L. Carlton May 18, 2012 to now50
- Board memberCasey D. Mahon Feb 25, 2009 to Feb 13, 201751
- Board memberChristopher R. Drahozal Feb 25, 2009 to now52
- Board memberDouglas M. Hultquist Feb 25, 2009 to Feb 12, 201653
- Board memberFrank S. Wilkinson Jr. Feb 25, 2009 to May 18, 201254
- Board memberGeorge D. Milligan Feb 25, 2009 to now55
- Board memberJames A. Leach Feb 25, 2009 to Aug 25, 200956
- Board memberJohn A. Rife Feb 25, 2009 to Mar 17, 201539
- Board memberKyle D. Skogman Feb 25, 2009 to Jun 10, 202257
- Board memberMary K. Quass Feb 25, 2009 to May 20, 202258
- Board memberRandy A. Ramlo Feb 25, 2009 to Nov 3, 202215
- Board memberThomas W. Hanley Feb 25, 2009 to May 18, 201259
- Board memberJames Noyce Nov 24, 2009 to now60
- General counselSarah E. Madsen May 24, 2022 to now61
- General counselNeal R. Scharmer Feb 25, 2009 to Apr 5, 202262
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- Addison Insurance Company Iowa3
- Financial Pacific Insurance Company California3
- Franklin Insurance Company Pennsylvania3
- Lafayette Insurance Company Louisiana3
- McIntyre Cedar Corporate Member LLP United Kingdom3
- McIntyre Cedar UK Limited United Kingdom3
- Mercer Insurance Company Pennsylvania3
- Mercer Insurance Company of New Jersey, Inc. New Jersey3
- UFG Specialty Insurance Company Iowa3
- United Fire & Casualty Company Iowa3
- United Fire & Indemnity Company Texas3
- United Fire Lloyds Texas3
- United Real Estate Holdings, LLC Iowa3
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
- UNITED FIRE & CASUALTY CONov 14, 1995 to Feb 2, 20122
Timeline
- Aug 21, 20268-K Executive or director change; Regulation FD disclosure; Other events63
- Aug 3, 20268-K Results of operations64
- Jul 17, 20268-K Other events65
- May 26, 20268-K Executive or director change66
- May 20, 20268-K Shareholder vote; Regulation FD disclosure; Other events67
- May 5, 20268-K Results of operations68
- Apr 21, 20268-K Other events69
- Feb 11, 20268-K Results of operations; Other events70
- Jan 26, 20268-K Other events71
- Nov 21, 20258-K Other events72
- Nov 4, 20258-K Results of operations73
- Oct 23, 20258-K Other events74
- Aug 26, 2022New chief executive Kevin James Leidwinger becomes CEO14
- Feb 25, 2009New chief executive Randy A. Ramlo becomes CEO15
Calendar
Coming up
- Nov 3, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $1.50 a share, on Nov 4, 2025.75
When it reported results
- Aug 3, 2026Reported quarterly or annual results64
- May 5, 2026Reported quarterly or annual results68
- Feb 11, 2026Reported quarterly or annual results70
- Nov 4, 2025Reported quarterly or annual results73
- Aug 5, 2025Reported quarterly or annual results76
- May 6, 2025Reported quarterly or annual results77
- Feb 11, 2025Reported quarterly or annual results78
- Nov 5, 2024Reported quarterly or annual results79
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
457 filings to the SEC since October 2021: 6 annual reports, 15 quarterly reports, 93 major events, 268 insider forms, 23 large holders, 52 other. The latest 20:
- Sep 8, 20264 PRIMARY DOCUMENT EDGAR
- Aug 31, 20263 PRIMARY DOCUMENT EDGAR
- Aug 21, 20268-K EDGAR
- Aug 4, 202610-Q EDGAR
- Aug 3, 20268-K EDGAR
- Jul 17, 20268-K EDGAR
- Jul 6, 20264 PRIMARY DOCUMENT EDGAR
- Jun 10, 202611-K EDGAR
- Jun 9, 20264 PRIMARY DOCUMENT EDGAR
- May 26, 20268-K EDGAR
- May 22, 20264 PRIMARY DOCUMENT EDGAR
- May 22, 20264 PRIMARY DOCUMENT EDGAR
- May 22, 20264 PRIMARY DOCUMENT EDGAR
- May 22, 20264 PRIMARY DOCUMENT EDGAR
- May 22, 20264 PRIMARY DOCUMENT EDGAR
- May 22, 20264 PRIMARY DOCUMENT EDGAR
- May 22, 20264 PRIMARY DOCUMENT EDGAR
- May 22, 20264 PRIMARY DOCUMENT EDGAR
- May 22, 20264 PRIMARY DOCUMENT EDGAR
- May 22, 20264 PRIMARY DOCUMENT EDGAR
The 457 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
62 open-market trades by officers, directors and large owners since October 2021: 29 buys and 33 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 3, 2026 | Carlton Scott LDirector | Sale | 9,777 | $55.52 | $542.8K | Form 4 |
| Jun 5, 2026 | MILLIGAN GEORGE DDirector | Buy | 4,500 | $45.23 | $203.5K | Form 4 |
| Mar 4, 2026 | Drahozal Christopher RDirector | Sale | 4,250 | $38.49 | $163.6K | Form 4 |
| Mar 3, 2026 | Drahozal Christopher RDirector | Sale | 4,250 | $37.94 | $161.2K | Form 4 |
| Mar 2, 2026 | McIntyre Dee Ann10% owner | Sale | 4,250 | $38.84 | $165.1K | Form 4 |
| Mar 2, 2026 | Drahozal Christopher RDirector | Sale | 4,250 | $38.84 | $165.1K | Form 4 |
| Sep 18, 2025 | BESONG JOHN PAUL EDirector | Sale | 2,450 | $32.26 | $79.0K | Form 4 |
| Aug 11, 2025 | Martin Eric JChief Financial Officer | Buy | 500 | $29.00 | $14.5K | Form 4 |
| Mar 6, 2025 | Drahozal Christopher RDirector | Sale | 2,500 | $28.33 | $70.8K | Form 4 |
| Mar 6, 2025 | McIntyre Dee Ann10% owner | Sale | 2,500 | $28.33 | $70.8K | Form 4 |
| Mar 6, 2025 | McIntyre Dee Ann10% owner | Sale | 2,500 | $28.33 | $70.8K | Form 4 |
| Mar 5, 2025 | Drahozal Christopher RDirector | Sale | 2,500 | $28.09 | $70.2K | Form 4 |
| Mar 5, 2025 | McIntyre Dee Ann10% owner | Sale | 2,500 | $28.09 | $70.2K | Form 4 |
| Mar 5, 2025 | McIntyre Dee Ann10% owner | Sale | 2,500 | $28.09 | $70.2K | Form 4 |
| Mar 4, 2025 | Drahozal Christopher RDirector | Sale | 2,500 | $27.31 | $68.3K | Form 4 |
| Mar 4, 2025 | McIntyre Dee Ann10% owner | Sale | 4,250 | $38.49 | $163.6K | Form 4 |
| Mar 4, 2025 | McIntyre Dee Ann10% owner | Sale | 2,500 | $27.31 | $68.3K | Form 4 |
| Mar 4, 2025 | McIntyre Dee Ann10% owner | Sale | 2,500 | $27.31 | $68.3K | Form 4 |
| Mar 3, 2025 | McIntyre Dee Ann10% owner | Sale | 4,250 | $37.94 | $161.2K | Form 4 |
| Feb 14, 2025 | MILLIGAN GEORGE DDirector | Buy | 3,500 | $26.97 | $94.4K | Form 4 |
All 62 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- VANGUARD GROUP INCSCHEDULE 13G/A, 6 filings Feb 10, 2022 to Mar 27, 202680
- Dee Ann McIntyreSCHEDULE 13G/A, 3 filings Feb 14, 2024 to Feb 6, 202681
- BlackRockSCHEDULE 13G/A, 5 filings Jan 25, 2022 to Apr 29, 202582
- EARNEST PARTNERS LLCSC 13G/A, 6 filings Feb 11, 2022 to Sep 10, 202483
- DIMENSIONAL FUND ADVISORS LPSC 13G/A, 3 filings Feb 8, 2022 to Feb 9, 202484
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | Kevin J. LeidwingerPresident/Chief Executive Officer | $821.0K | $3.9M85 | |
| 2025 | Julie A. StephensonEVP/Chief Operating Officer | $610.7K | $2.3M85 | |
| 2025 | Eric J. MartinEVP/Chief Financial Officer | $514.1K | $1.6M85 | |
| 2025 | Sarah E. MadsenSVP/Chief Legal Officer | $397.3K | $1.1M85 | |
| 2025 | Steven D. HernandezSVP/Chief Human Resources Officer | $395.1K | $936.5K85 | |
| 2025 | Corey L RuehleSVP/Chief Claim Officer | $250.7K | $922.2K85 | |
| 2024 | Kevin J. LeidwingerPresident/Chief Executive Officer | $787.5K | $3.6M85 | |
| 2024 | Julie A. StephensonEVP/Chief Operating Officer | $590.1K | $2.1M85 | |
| 2024 | Eric J. MartinEVP/Chief Financial Officer | $496.7K | $1.5M85 | |
| 2024 | Steven D. HernandezSVP/Chief Human Resources Officer | $235.3K | $1.1M85 | |
| 2024 | Sarah E. MadsenSVP/Chief Legal Officer | $379.7K | $1.0M85 | |
| 2023 | Julie A. StephensonEVP/Chief Operating Officer | $520.5K | $3.2M85 | |
| 2023 | Kevin J. LeidwingerPresident/Chief Executive Officer | $750.0K | $2.8M85 | |
| 2023 | Eric J. MartinEVP/Chief Financial Officer | $484.0K | $1.1M85 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How UNITED FIRE GROUP INC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARUNITED FIRE GROUP INC1
- CIK0000101199
- Employer ID (EIN)45-23028344
- Filer statusAccelerated filer not an emerging growth company; not a smaller reporting company; not a shell company4
- Incorporated inIowa4
- Fiscal year endsDecember 311
- Industry code (SIC)6331 Fire, Marine & Casualty Insurance1
- SEC reviewing officeOffice of Finance, Division of Corporation Finance1
- Business address118 Second Ave Se, Cedar Rapids, IA 524011
- Mailing addressP O Box 73909, Cedar Rapids, IA 524071
- Phone31939957001
- Shares outstanding25,705,439 as of Jul 29, 202612
- Public float$690.0M as of Jun 30, 20254
- AuditorErnst & Young LLP, Des Moines, Iowa PCAOB ID 42; it also attests to the company’s internal control over financial reporting4
- On EDGAR sinceFeb 10, 19951
- Filings2,374 in all: 4 (1,296), 8-K (344), 10-Q (95), 13F-HR (93), SC 13G/A (93), 5 (86), 4/A (81), 3 (51)1
All 41 form types
10-K (25), 11-K (24), DEF 14A (20), UPLOAD (17), 144 (15), 8-K/A (15), CORRESP (15), SC 13G (15), ARS (13), DEFA14A (12), S-8 (9), 10-K405 (6), 425 (5), S-8 POS (5), SCHEDULE 13G/A (5), 3/A (4), SC 13D (4), SC 13D/A (4), 10-K/A (3), S-3/A (3), 424B5 (2), 5/A (2), S-3ASR (2), 10-K405/A (1), 15-12B (1), 25-NSE (1), 424B1 (1), 8-A12B (1), CERTNAS (1), FWP (1), NT 11-K (1), PRE 14A (1), S-3 (1)
- Latest filingsAnnual report (10-K) Feb 26, 2026
Quarterly report (10-Q) Aug 4, 2026
Proxy statement (DEF 14A) Apr 7, 2026
Latest 8-K (8-K) Aug 21, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock, $0.001 par value | UFCS | The NASDAQ Global Select Market |
From the cover page of the 10-K filed Feb 26, 2026 (Section 12(b) of the Exchange Act).4
Risk factors and legal proceedings
The risks UNITED FIRE GROUP INC names in Item 1A of its 10-K filed Feb 26, 2026: 19 risks under these headings, as written.4
- The success of our strategy may be adversely impacted by various internal and external factors.
- Our core insurance business is dependent on strong and beneficial relationships with a large network of independent insurance agents. A strain in these relationships could result in loss of sufficient business opportunities within our expertise and stated risk appetite.
- We will be at a competitive disadvantage if, over time, our competitors are more effective in pricing their products, development of new product offering, implementation of technology or data analytics.
- Our strategy's success could be affected by our timely ability to recognize and adapt to our position in the insurance cycle.
- Changing weather patterns and climate change add to the unpredictability, frequency and severity of catastrophe losses and may adversely affect the results of our operations, liquidity and financial condition.
- Underwriting
- Our success depends primarily on our ability to underwrite risks effectively and adequately price the risks we insure.
- We may be unable to predict the rising cost of insurance claims resulting from changing societal expectations that lead to increasing litigation, broader definitions of liability, broader contract interpretations, more plaintiff-friendly legal decisions and larger compensatory jury awards.
- Our reserves for property and casualty insurance losses and loss settlement expenses are based on estimates and may be inadequate, adversely impacting our financial results.
- We insure property that is exposed to various natural perils that can give rise to significant claims costs.
- We are subject to certain risks related to our investment portfolio that could negatively affect our profitability.
- A downgrade in our financial strength or issuer credit ratings could result in a loss of business and could have a material adverse effect on our financial condition, results of operations and liquidity.
The other 8 risks
- We may be unable to secure reinsurance capacity that provides necessary risk protection at a reasonable cost.
- We may be unable to attract, retain or effectively manage the succession of key personnel.
- Unauthorized data access, cyber attacks and other security breaches could have an adverse impact on our business and reputation.
- We are subject to comprehensive laws and regulations, which may have an adverse effect on our financial condition and results of operations.
- Macroeconomic conditions could materially and adversely affect our business, results of our operations, financial condition, and growth.
- Shareholders
- Our stock price could become more volatile, and your investment could lose value.
- Efforts to disrupt the structure, management or ownership of the Company could diminish the value of our common stock.
- The ability of our subsidiaries to pay dividends may affect our liquidity and ability to meet our obligations.
Legal proceedings
In the normal course of its business, the Company is a party to a variety of legal proceedings. While the final outcome of these legal proceedings cannot be predicted with certainty, management believes all of the proceedings pending as of December 31, 2025 to be ordinary and routine and does not expect these legal proceedings to have a material adverse effect on the Company's financial position or results of operations.
The opening of Item 3, Legal Proceedings.4
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 16SEC EDGARJ. Scott McIntyre Jr., Chair
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- 28SEC EDGARKenneth W. Rupert Jr., Chief Actuary
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- 32SEC EDGARJeremy Bahl, VP & Chief UW Officer
- 33SEC EDGARMicah G. Woolstenhulme, VP
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- 41SEC EDGARTeresa Jean Brown, Board member
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- 43SEC EDGARMatthew R. Foran, Board member
- 44SEC EDGARMark A. Green, Board member
- 45SEC EDGARLura E. McBride, Board member
- 46SEC EDGARSarah Fisher Gardial, Board member
- 47SEC EDGARBrenda Kay Clancy, Board member
- 48SEC EDGARSusan E. Voss, Board member
- 49SEC EDGARJohn Paul E. Besong, Board member
- 50SEC EDGARScott L. Carlton, Board member
- 51SEC EDGARCasey D. Mahon, Board member
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- 53SEC EDGARDouglas M. Hultquist, Board member
- 54SEC EDGARFrank S. Wilkinson Jr., Board member
- 55SEC EDGARGeorge D. Milligan, Board member
- 56SEC EDGARJames A. Leach, Board member
- 57SEC EDGARKyle D. Skogman, Board member
- 58SEC EDGARMary K. Quass, Board member
- 59SEC EDGARThomas W. Hanley, Board member
- 60SEC EDGARJames Noyce, Board member
- 61SEC EDGARSarah E. Madsen, General counsel
- 62SEC EDGARNeal R. Scharmer, General counsel
- 63
- 64SEC EDGARResults of operations
- 65SEC EDGAROther events
- 66SEC EDGARExecutive or director change
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- 68SEC EDGARResults of operations
- 69SEC EDGAROther events
- 70SEC EDGARResults of operations; Other events
- 71SEC EDGAROther events
- 72SEC EDGAROther events
- 73SEC EDGARResults of operations
- 74SEC EDGAROther events
- 75NasdaqNasdaq calendar
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