8-K
UNITED FIRE GROUP INC (UFCS)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 20, 2023

United Fire Group Inc.
(Exact name of registrant as specified in its charter)
| Iowa | 001-34257 | 45-2302834 | ||||
|---|---|---|---|---|---|---|
| (State of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | 118 Second Avenue SE | |||
| --- | --- | --- | ||||
| Cedar Rapids | Iowa | 52401 | ||||
| (Address of principal executive offices) (Zip Code) |
Registrant's telephone number, including area code: (319) 399-5700
_______________________N/A________________________
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|---|---|
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities Registered Pursuant to Section 12(b) of the Exchange Act:
| Title of each class | Trading Symbol | Name of each exchange on which registered |
|---|---|---|
| Common Stock, $0.001 par value | UFCS | The NASDAQ Global Select Market |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Retirement of Kyle D. Skogman from the Board of Directors
On January 18, 2023, Kyle D. Skogman, member and Vice Chairman of the Board of Directors of United Fire Group, Inc. (the "Company" or "UFG"), submitted his resignation as a director effective immediately following the Annual Meeting of Shareholders on May 17, 2023. Mr. Skogman's resignation is in compliance with the Company's bylaws, which state that "every director shall submit his or her resignation not later than the first day of February after the director attains age 72" and is not the result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices. In addition to serving as a member and Vice Chairman of the Board, Mr. Skogman is a member of the Audit Committee, Executive Committee, Investment Committee, and Nominating and Governance Committee. Mr. Skogman has served on the Company's Board of Directors since 2000.
Item 7.01 Regulation FD Disclosure.
On January 20, 2023, the Company issued a press release announcing the retirement of Mr. Skogman from the Board, a copy of which is furnished with this Current Report on Form 8-K as Exhibit 99.1
.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit 99.1 | Press release of United Fire Group, Inc. datedJanuaryufgpressrelease1-20x2023.htm20, 2023. |
|---|---|
| Exhibit 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document.) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| United Fire Group, Inc. | ||
|---|---|---|
| (Registrant) | ||
| Dated: | January 20, 2023 | /s/ Kevin Leidwinger |
| Kevin Leidwinger, Chief Executive Officer |
1
Document
Exhibit 99.1

| Contact: Casey Prince |
|---|
| Assistant Vice President & |
| Marketing Communications Manager |
| UFG Corporate Communications |
| 319-399-5622 (w), 319-360-5578 (c) |
| cprince@unitedfiregroup.com |
FOR IMMEDIATE RELEASE
KYLE SKOGMAN TO RETIRE FROM UFG BOARD FOLLOWING 2023 ANNUAL MEETING
CEDAR RAPIDS, Iowa - January 20, 2023
United Fire Group Inc. (Nasdaq: UFCS) (UFG) announced today that Kyle D. Skogman will retire from its board of directors following the company’s annual meeting of shareholders on May 17, 2023.
Skogman has served on the UFG board of directors since 2000 and was appointed vice chairman in 2021. His retirement is in compliance with UFG's bylaws, which state that "every director shall submit his or her resignation no later than the first day of February after the director attains age 72."
“On behalf of the board of directors, I thank Kyle for his 22 years of dedicated service to UFG and our valued shareholders,” said Board Chairman Jim Noyce. “UFG has grown and evolved significantly during Kyle’s time on the board and we have benefited greatly from his strong business sense, vast real estate experience and proven leadership skills. In addition to his role as vice chairman, Kyle has devoted his time and talent to numerous board committees, including effectively chairing our nominating and governance committee for many years. As a longstanding member of the UFG board, Kyle will be missed by all of us, but we congratulate him on a well-deserved retirement.”
UFG President and CEO Kevin Leidwinger added, “It has been an honor to serve alongside Kyle on the board these past several months. Although our time together has been brief, I appreciate his many lasting contributions to UFG’s success, as well as his deep knowledge of our company’s history. I wish Kyle all the best as he closes this chapter of his long and esteemed career.”
After the annual meeting, the UFG board of directors will consist of 11 members.
About UFG
Founded in 1946 as United Fire & Casualty Company, United Fire Group, Inc. (UFG, Nasdaq: UFCS), through its insurance company subsidiaries, is engaged in the business of writing property and casualty insurance. Through our subsidiaries, we are licensed as a property and casualty insurer in 50 states, plus the District of Columbia, and we are represented by approximately 1,000 independent agencies. A.M. Best Company assigns a rating of “A” (Excellent) for members of the United Fire & Casualty Group. For more information about UFG, visit ufginsurance.com.