UFCS · United Fire Group Inc

CEDAR RAPIDS, Iowa, July 17, 2026 (GLOBE NEWSWIRE) -- United Fire Group, Inc. (Nasdaq: UFCS) (UFG) announced today that its second quarter 2026 earnings results will be released after the market closes on Monday, August 3, 2026. An earnings call will be held on Tuesday, August 4, 2026 at 9 a.m. CT to allow securities analysts, shareholders and other interested parties the opportunity to hear management discuss the company's second quarter 2026 results. Teleconference: Dial-in information for the call is toll-free 1-844-492-3723 (international 1-412-542-4184). Participants should request to join the United Fire Group call. The event will be archived and available for digital replay through August 11, 2026. The replay access information is toll-free 1-855-669-9658 (international 1-412-317-0088); access code no. 2119197. Webcast: A webcast of the teleconference can be accessed at https://ir.ufginsurance.com/events-and-presentations/ or https://event.choruscall.com/mediaframe/webcast.html?webcastid=sEg6VEdp . The archived audio webcast will be available for one year. Transcript: A transcript of the teleconference will be available on the company's website soon after the completion of the teleconference. 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. A.M. Best Company assigns a rating of "A-" (Excellent) for members of the United Fire & Casualty Group. For more information about UFG, visit www.ufginsurance.com . Contact: Investor relations Email: [email protected] Media inquiries Email: [email protected] Source: United Fire Group, Inc

CEDAR RAPIDS, Iowa, May 20, 2026 (GLOBE NEWSWIRE) -- 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 June 19, 2026, to shareholders of record as of June 5, 2026. In addition, the board of directors extended the current Share Repurchase Program to August 31, 2028, and increased the number of shares of its common stock the company is authorized to purchase under the Share Repurchase Program to 2 million shares. The previous authorization allowed for the purchase of 1 million shares. Director elections to the board of directors UFG announced today that its shareholders elected five Class A directors to its 11-member board of directors at the 2026 annual meeting of shareholders held on May 20, 2026. The following individuals were each elected as Class A directors to serve three-year terms expiring in 2029: Scott L. Carlton, President of Tokai Carbon GE LLC Brenda K. Clancy, former Global Chief Technology Officer for AEGON N.V. Kevin J. Leidwinger, President and Chief Executive Officer of United Fire Group, Inc. Gilda L. Spencer, Adjunct Professor for Loyola University Chicago School of Law Susan E. Voss, former Vice President and General Counsel and Vice President of Government Relations of American Enterprise Group, Inc. In other official business, shareholders: Ratified the appointment of Ernst & Young LLP as the company’s independent registered public accounting firm for 2026. Approved, on an advisory basis, the compensation of the company's named executive officers. Approved the amendment of the 2021 Non-Employee Director Stock Plan to increase the number of shares of United Fire Group, Inc. common stock available for issuance thereunder to non-employee directors and to extend the life of the 2021 Non-Employee Director Stock Plan from December 31, 2029 to December 31, 2034. 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 . Contact: Investor relations Email: [email protected] Media inquiries Email: [email protected] Disclosure of forward-looking statements This release may contain forward-looking st

First quarter net income of $1.15 per diluted share and adjusted operating income of $1.16 per diluted share First quarter 2026 highlights compared to first quarter 2025, unless otherwise noted: (1) Net income increased $12.4 million to $30.1 million. Net investment income increased 15% to $27.0 million. Combined ratio improved 3.8 points to 95.6%; composed of an underlying loss ratio of 57.0%, catastrophe loss ratio of 3.7%, no prior year reserve development, and underwriting expense ratio of 34.9%. Underlying combined ratio improved 2.5 points to 91.9%. Net written premium (2) increased 12% to $376.9 million. Book value per share increased $0.18 to $37.06 as of March 31, 2026, compared to December 31, 2025. Adjusted book value per share increased $0.74 to $38.61 as of March 31, 2026, compared to December 31, 2025. Return on equity was 12.7% as of March 31, 2026. CEDAR RAPIDS, Iowa, May 05, 2026 (GLOBE NEWSWIRE) -- United Fire Group, Inc. (UFG) (Nasdaq: UFCS) today reported financial results for the quarter ended March 31, 2026, with net income increasing 70% over the prior year to $30.1 million ($1.15 per diluted share) and adjusted operating income increasing 65% over the prior year to $30.3 million ($1.16 per diluted share). Net written premium grew 12% in the first quarter, driven by growth in the company's core commercial business and lower ceded reinsurance premiums. The combined ratio improved 3.8 points to 95.6% with a notable reduction in the expense ratio and lower catastrophe losses compared to the prior period. Prior year reserve development remained neutral overall and investment income increased 15% to $27.0 million. “UFG is off to a terrific start in 2026, achieving record net written premium, improved underwriting profitability and higher investment income in the first quarter,” said UFG President and CEO Kevin Leidwinger. “These achievements contributed to a return on equity of approximately 13% and the highest first quarter earnings per share in seven years, reflecting continued positive momentum from the transformative actions we have taken to position the company for long-term success. “As we begin UFG’s 80th year in business, we are well positioned to navigate the complexities of an evolving market through the ongoing strategic execution of our business plan. We remain focused on profitably growing our business as a disciplined, solution-oriented underwriting company, leveraging our deepened expertise and expanded capabilities to more broadly serve our distribution partners.” Earnings call access information An earnings call will be held at 9:00 a.m. CT on Wednesday, May 6, 2026, to allow securities analysts, shareholders and other interested parties the opportunity to hear management discuss the company’s first quarter of 2026 results. Teleconference : Dial-in information for the call is toll-free 1-844-492-3723 (international 1-412-542-4184). The event will be archived and available for digital replay through May 13, 2026. The replay access information is toll-free 1-855-669-9658 (international 1-412-317-0088); conference ID no. 2049170. Webcast : An audio webcast of the teleconference can be accessed at the company’s investor relations page at <a href="https://ir.ufginsurance.com/events-

CEDAR RAPIDS, Iowa, April 21, 2026 (GLOBE NEWSWIRE) -- United Fire Group, Inc. (Nasdaq: UFCS) (UFG) announced today that its first quarter 2026 earnings results will be released after the market closes on Tuesday, May 5, 2026. An earnings call will be held on Wednesday, May 6, at 9 a.m. CT to allow securities analysts, shareholders and other interested parties the opportunity to hear management discuss the company's first quarter 2026 results. Teleconference: Dial-in information for the call is toll-free 1-844-492-3723 (international 1-412-542-4184). Participants should request to join the United Fire Group call. The event will be archived and available for digital replay through May 13, 2026. The replay access information is toll-free 1-855-669-9658 (international 1-412-317-0088); access code no. 2049170. Webcast: A webcast of the teleconference can be accessed at https://ir.ufginsurance.com/events-and-presentations/ or https://event.choruscall.com/mediaframe/webcast.html?webcastid=vHCYnESx . The archived audio webcast will be available for one year. Transcript: A transcript of the teleconference will be available on the company's website soon after the completion of the teleconference. 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. A.M. Best Company assigns a rating of "A-" (Excellent) for members of the United Fire & Casualty Group. For more information about UFG, visit www.ufginsurance.com . Contact: Investor relations Email: [email protected] Media inquiries Email: [email protected] Source: United Fire Group, Inc

Fourth quarter net income of $1.45 per diluted share and adjusted operating income of $1.50 per diluted share Full year net income of $4.48 per diluted share and adjusted operating income of $4.60 per diluted share Full year return on equity of 13.7% Board of directors declares 25% increase in quarterly dividend to $0.20 per share Fourth quarter 2025 highlights compared to fourth quarter 2024: (1) Net income increased $6.9 million to $38.4 million. Net investment income increased 14% to $26.4 million. Combined ratio improved 2.1 points to 92.3%; composed of an underlying loss ratio of 55.4%, catastrophe loss ratio of 1.2%, no prior year reserve development, and underwriting expense ratio of 35.7%. Underlying combined ratio improved 1.7 points to 91.1%. Net written premium (2) increased 11% to $309.7 million. Full year 2025 highlights compared to full year 2024: (1) Net income increased $56.2 million to $118.2 million. Net investment income increased 19% to $97.5 million. Combined ratio improved 4.4 points to 94.8%; composed of an underlying loss ratio of 56.3%, catastrophe loss ratio of 3.2%, favorable prior year reserve development of 0.4% and underwriting expense ratio of 35.7%. Underlying combined ratio improved 1.8 points to 92.0%. Net written premium (2) increased 9% to $1.3 billion. Book value per share increased $6.08 to $36.88 as of December 31, 2025, compared to December 31, 2024. Adjusted book value per share increased $4.23 to $37.87 as of December 31, 2025, compared to December 31, 2024. CEDAR RAPIDS, Iowa, Feb. 10, 2026 (GLOBE NEWSWIRE) -- United Fire Group, Inc. (UFG) (Nasdaq: UFCS) today reported financial results for the fourth quarter ended December 31, 2025, with net income increasing $6.9 million over the prior year to $38.4 million ($1.45 per diluted share) and adjusted operating income increasing $7.2 million over the prior year to $39.7 million ($1.50 per diluted share). In the fourth quarter, net written premium grew 11% with retention and new business above the prior year period and an average renewal premium increase of 6.3%. The fourth quarter combined ratio improved 2.1 points to 92.3% with improved underlying loss ratio, expense ratio and catastrophe losses, while prior year reserve development remained neutral overall. Net investment income of $26.4 million increased 14% from the prior year period. For the full year, net written premium grew 9% with retention and new business strongly above prior year and an average renewal premium increase of 8.7%. The annual combined ratio of 94.8% improved 4.4 points from prior year with improvement across all components. Net investment income of $97.5 million increased 19% from prior year. “UFG produced excellent results in the fourth quarter, providing a strong close to a year of outstanding achievements,” said President and CEO Kevin Leidwinger. “Through the efforts of our exceptional team, UFG achieved record levels of gross written premium, net written

CEDAR RAPIDS, Iowa, Jan. 26, 2026 (GLOBE NEWSWIRE) -- United Fire Group, Inc. (Nasdaq: UFCS) (UFG) announced today that its fourth quarter 2025 earnings results will be released after the market closes on Tuesday, February 10, 2026. An earnings call will be held on Wednesday, February 11, at 9 a.m. CT to allow securities analysts, shareholders and other interested parties the opportunity to hear management discuss the company's fourth quarter 2025 results. Teleconference: Dial-in information for the call is toll-free 1-844-492-3723 (international 1-412-542-4184). Participants should request to join the United Fire Group call. The event will be archived and available for digital replay through February 25, 2026. The replay access information is toll-free 1-855-669-9658 (international 1-412-317-0088); access code no. 4788997. Webcast: A webcast of the teleconference can be accessed at https://ir.ufginsurance.com/events-and-presentations/ or https://event.choruscall.com/mediaframe/webcast.html?webcastid=J7pQ65cr . The archived audio webcast will be available for one year. Transcript: A transcript of the teleconference will be available on the company's website soon after the completion of the teleconference. 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. A.M. Best Company assigns a rating of "A-" (Excellent) for members of the United Fire & Casualty Group. For more information about UFG, visit www.ufginsurance.com . Contact: Investor relations Email: [email protected] Media inquiries Email: [email protected] Source: United Fire Group, Inc

CEDAR RAPIDS, Iowa, Nov. 21, 2025 (GLOBE NEWSWIRE) -- Today, the board of directors of United Fire Group, Inc. (UFG) (Nasdaq: UFCS) declared a common stock quarterly cash dividend of $0.16 per share. This dividend will be payable December 19, 2025, to shareholders of record as of December 5, 2025. UFG has a long history of paying quarterly dividends, with the quarterly cash dividend declared today marking the 231st consecutive quarterly dividend paid, dating back to March 1968. 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 1,000 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 . 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, 2024, filed with the Securities and Exchange Commission ("SEC") on February 26, 2025. 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 re

Third quarter net income of $1.49 per diluted share and adjusted operating income of $1.50 per diluted share Third quarter 2025 highlights compared to third quarter 2024, unless otherwise noted: (1) Net income increased $19.4 million to $39.2 million. Net investment income increased 6.3% to $26.0 million. Combined ratio improved 6.3 points to 91.9%; composed of an underlying loss ratio of 56.0%, catastrophe loss ratio of 1.3%, no prior year reserve development, and underwriting expense ratio of 34.6%. Underlying combined ratio improved 3.2 points to 90.6%. Net written premium (2) increased 7% to $328.2 million. Book value per share increased $4.42 to $35.22 as of September 30, 2025, compared to December 31, 2024. Adjusted book value per share increased $2.70 to $36.34 as of September 30, 2025, compared to December 31, 2024. Return on equity of 12.7% as of September 30, 2025. CEDAR RAPIDS, Iowa, Nov. 04, 2025 (GLOBE NEWSWIRE) -- United Fire Group, Inc. (UFG) (Nasdaq: UFCS) today reported financial results for the three-month period ended September 30, 2025, with net income increasing $19.4 million over the prior year to $39.2 million ($1.49 per diluted share) and adjusted operating income increasing $18.4 million over the prior year to $39.5 million ($1.50 per diluted share). In the third quarter, net written premium grew 7% to $328.2 million led by continued strong production in core commercial lines. Retention and new business volume were strongly above prior year levels with rates increasing 5.8%. The third quarter combined ratio improved 6.3 points to 91.9%. The underlying loss ratio improved 1.9 points to 56.0%, reflecting the ongoing benefits of continued rate achievement and favorable frequency trends coupled with favorable large loss experience. The catastrophe loss ratio improved 3.1 points to 1.3% on relatively light third quarter catastrophe activity. Prior year reserve development was neutral overall with favorable development across several lines of business enabling continued proactive reinforcement of casualty reserves. The underwriting expense ratio improved 1.3 points to 34.6% due to continued focus on disciplined expense management and business growth. Net investment income increased $1.5 million to $26.0 million, including 17% growth in fixed maturity income. “UFG delivered another quarter of outstanding results, achieving the best third quarter combined ratio in nearly 20 years while growing net written premium to a third quarter record of $328 million,” said President and CEO Kevin Leidwinger. “The ongoing strategic steps we have taken to deepen our underwriting expertise, evolve our capabilities, better align with our distribution partners and improve our investment returns contributed to a return on equity of 12.7% through the first nine months of 2025, marking the company’s best year-to-date financial performance in almost two decades. The work we have done over the past three years to transform the company continues to materialize in our financial and operational performance. As we remain focused on the execution of our strategic business plan, UFG is well positioned to navigate the evolving industry dynamics and carry the momentum we have built through the end of the year and into 2026.” (1) Underlying loss ratio, underlying combined ratio and adjusted book value per share are non-GAAP financial measures. See Definitions of non-GAAP information and reconciliations to comparable GAAP measures for additional information. (2) Net written premium is a performance measure reflecting the amount charged f

CEDAR RAPIDS, Iowa, Oct. 23, 2025 (GLOBE NEWSWIRE) -- United Fire Group, Inc. (Nasdaq: UFCS) (UFG) announced today that its third quarter 2025 earnings results will be released after the market closes on Tuesday, November 4, 2025. An earnings call will be held on Wednesday, November 5, 2025, at 9 a.m. CT to allow securities analysts, shareholders and other interested parties the opportunity to hear management discuss the company's third quarter 2025 results. Teleconference: Dial-in information for the call is toll-free 1-844-492-3723 (international 1-412-542-4184). Participants should request to join the United Fire Group call. The event will be archived and available for digital replay through November 12, 2025. The replay access information is toll-free 1-855-669-9658 (international 1-412-317-0088); access code no. 1882349. Webcast: A webcast of the teleconference can be accessed at https://ir.ufginsurance.com/events-and-presentations/ or https://event.choruscall.com/mediaframe/webcast.html?webcastid=8tZhw108 . The archived audio webcast will be available for one year. Transcript: A transcript of the teleconference will be available on the company's website soon after the completion of the teleconference. 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 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 www.ufginsurance.com . Contact: Investor relations at [email protected] . Source: United Fire Group, Inc

CEDAR RAPIDS, Iowa, Aug. 18, 2025 (GLOBE NEWSWIRE) -- United Fire Group, Inc. (UFG) (Nasdaq: UFCS) is pleased to announce the appointment of a new independent member to its board of directors, effective August 15, 2025. Gilda L. Spencer has been appointed as a Class A director and will serve on the board’s risk management and compensation and human capital committees. The board believes Spencer’s extensive legal expertise and deep understanding of the insurance industry will provide valuable guidance on regulatory, governance, and risk management matters critical to the company’s long-term success. Spencer has a distinguished career as a seasoned attorney and insurance executive, currently serving as an adjunct professor for Loyola University Chicago School of Law. Between 2012 and 2021, Spencer held the role of senior vice president, deputy general counsel of dispute resolution services for Allstate, leading a team of 60 associates in managing the insurer’s litigation portfolio. Before joining Allstate, Spencer served as vice president, chief litigation counsel for Nationwide Mutual Insurance Company. Prior to joining Nationwide in 2001, she served as an assistant United States attorney for the Southern District of Ohio. “We are pleased to welcome Gilda Spencer to our board of directors,” said UFG Chairperson of the Board Jim Noyce. “Gilda’s decades of legal and insurance experience will be a tremendous asset to the board as we work together to position the company for success and deliver long-term value to our shareholders.” Spencer graduated from The Ohio State University with a bachelor’s degree in political science. She earned her law degree from the University of San Diego School of Law, where she served as president of the Black Law Students Association. With Spencer’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 1,000 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 . Contact: Investor relations Email: [email protected] Media inquiries Email: [email protected] Source: United Fire Group, Inc

CEDAR RAPIDS, Iowa, Aug. 15, 2025 (GLOBE NEWSWIRE) -- Today, the board of directors of United Fire Group, Inc. (UFG) (Nasdaq: UFCS) declared a common stock quarterly cash dividend of $0.16 per share. This dividend will be payable September 12, 2025, to shareholders of record as of August 29, 2025. UFG has a long history of paying quarterly dividends, with the quarterly cash dividend declared today marking the 230th consecutive quarterly dividend paid, dating back to March 1968. 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 1,000 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 . 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, 2024, filed with the Securities and Exchange Commission ("SEC") on February 26, 2025. 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 re