UFCS 8-K
United Fire Group Inc (UFCS)
8-K
2026-08-21
For: 2026-08-21
View Original
Added on
August 21, 2026
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): August 21, 2026
(Exact name of registrant as specified in its charter)
| (State of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||
| (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 | ||||||
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.
On August 21, 2026, United Fire Group, Inc. (the “Company” or “UFG”) announced that the Company’s Board of Directors appointed Teresa J. Brown as a Class C director, effective immediately. Ms. Brown has been appointed to the Risk Management and Audit Committees. Ms. Brown will stand for election by the Company's shareholders at the Company’s 2027 Annual Meeting of Shareholders. The Board of Directors has determined that Ms. Brown is an independent director.
The Board has determined that Ms. Brown is independent under the applicable Nasdaq listing standards and Rule 10A-3 under the Exchange Act
There are no arrangements or understandings between Ms. Brown and any other person pursuant to which she was appointed as a director, and there are no transactions between Ms. Brown and the Company that would require disclosure under Item 404(a) of Regulation S-K.
Ms. Brown will be entitled to the standard compensation provided to the Company’s non-employee directors, as most recently described in the Company’s proxy statement filed with the Securities and Exchange Commission on April 7, 2026.
Item 7.01. Regulation FD Disclosure
A copy of the Company’s press release announcing the cash dividend (as discussed below) and board appointment is attached as Exhibit 99.1 to this Current Report on Form 8-K. The information in this Item 7.01 and Exhibit 99.1 is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933.
Item 8.01. Other Events.
At a meeting of the Board of Directors of UFG held on August 21, 2026, the directors declared a $0.20 per share quarterly cash dividend, which will be paid September 18, 2026 to common stock shareholders of record as of September 4, 2026. A copy of the Company’s related press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit 99.1 | |||||
| Exhibit 104 | |||||
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: | August 21, 2026 | /s/ Kevin Leidwinger | ||||||
| Kevin Leidwinger, Chief Executive Officer | ||||||||
1
Exhibit 99.1
United Fire Group, Inc. declares quarterly cash dividend of $0.20 per share
and announces new board appointment
CEDAR RAPIDS, IOWA, August 21, 2026 – Today, the board of directors of United Fire Group, Inc. (UFG) (Nasdaq: UFCS) declared a common stock quarterly cash dividend of $0.20 per share. This dividend will be payable September 18, 2026, to shareholders of record as of September 4, 2026.
UFG has a long history of paying quarterly dividends dating back to March 1968.
New appointment to the board of directors
UFG is pleased to announce the appointment of a new independent member to its board of directors, effective August 21, 2026. Teresa (“Terri”) Brown has been appointed as a Class C director and will serve on the board’s risk management and audit committees. The board is confident that Brown’s considerable expertise in insurance, finance and risk management will further enhance its ability to provide guidance and governance that contributes to the company’s success.
Brown is a prominent insurance executive with over 35 years of experience in the property and casualty industry, currently serving as a senior advisor at Boston Consulting Group. Prior to this, she held the position of executive vice president and chief financial officer at Grange Insurance from 2016 until her retirement in 2024. Brown has held several other leadership positions throughout her career, including chief risk officer at Allstate and Aviva USA; senior vice president of property insurance product management at Allstate; director at Deloitte Consulting; chief actuary and senior vice president of claims at Safeco Insurance; and chief actuary at Travelers Insurance.
“The board is honored to welcome Terri Brown as our newest member,” said UFG Board Chairperson Jim Noyce. “With more than three decades in the insurance industry, Terri brings deep expertise across nearly every facet of property and casualty insurance. Her vast knowledge and seasoned perspective will be invaluable as we advance the company’s strategic priorities and continue creating long-term value for our shareholders.”
Brown graduated from Southwestern College with bachelor’s degrees in applied mathematics and communication. She is a fellow of the Casualty Actuarial Society and board certified by the National Association of Corporate Directors. In addition to serving on the UFG board, Brown is currently a board member of Branch Insurance and Southwestern College. She is also a former board member of Nuclear Electric Insurance Limited.
With Brown’s appointment, the UFG board of directors will consist of 12 members.
About UFG
Founded in 1946 as United Fire & Casualty Company, UFG, through its insurance company subsidiaries, is engaged in the business of writing property and casualty insurance. The company is licensed as a property and casualty insurer in 50 states and the District of Columbia, and is represented by approximately 850 independent agencies. AM Best assigns a rating of “A-” (Excellent) for members of the United Fire & Casualty Group. For more information about UFG, visit www.ufginsurance.com.
Exhibit 99.1
Contact:
Investor relations
Email: [email protected]
Media inquiries
Email: [email protected]
Disclosure of forward-looking statements
This release may contain forward-looking statements about our operations, anticipated performance and other similar matters. The Private Securities Litigation Reform Act of 1995 provides a safe harbor under the Securities Act of 1933 and the Securities Exchange Act of 1934 for forward-looking statements. The forward-looking statements are not historical facts and involve risks and uncertainties that could cause actual results to differ from those expected and/or projected. Such forward-looking statements are based on current expectations, estimates, forecasts and projections about the Company, the industry in which we operate, and beliefs and assumptions made by management. Words such as "expect(s)," "anticipate(s)," "intend(s)," "plan(s)," "believe(s)," "continue(s)," "seek(s)," "estimate(s)," "goal(s)," "remain(s) optimistic," "target(s)," "forecast(s)," "project(s)," "predict(s)," "should," "could," "may," "will," "might," "hope," "can" and other words and terms of similar meaning or expression in connection with a discussion of future operations, financial performance or financial condition, are intended to identify forward-looking statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed in such forward-looking statements. Information concerning factors that could cause actual outcomes and results to differ materially from those expressed in the forward-looking statements is contained in Part I, Item 1A "Risk Factors" of our Annual Report on Form 10-K for the year ended December 31, 2025, filed with the Securities and Exchange Commission ("SEC") on February 26, 2026. The risks identified in our Annual Report on Form 10-K and in our other SEC filings are representative of the risks, uncertainties, and assumptions that could cause actual outcomes and results to differ materially from what is expressed in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release or as of the date they are made. Except as required under the federal securities laws and the rules and regulations of the SEC, we do not have any intention or obligation to update publicly any forward-looking statements, whether as a result of new information, future events, or otherwise. In addition, future dividend payments are within the discretion of our Board of Directors and will depend on numerous factors, including our financial condition, our capital requirements and other factors that our Board of Directors considers relevant.