UFG | Jotup

United Fire Group, Inc. Declares a Common Stock Quarterly Cash Dividend of $0.16 per Share

Retrieved on:

Friday, February 23, 2024

CEDAR RAPIDS, Iowa, Feb. 23, 2024 (GLOBE NEWSWIRE) -- Today, the Board of Directors of United Fire Group, Inc. (Nasdaq: UFCS) ("UFG") declared a common stock quarterly cash dividend of $0.16 per share.

Key Points:

CEDAR RAPIDS, Iowa, Feb. 23, 2024 (GLOBE NEWSWIRE) -- Today, the Board of Directors of United Fire Group, Inc. (Nasdaq: UFCS) ("UFG") declared a common stock quarterly cash dividend of $0.16 per share.
This dividend will be payable March 22, 2024 to shareholders of record as of March 8, 2024.
UFG has a long history of paying quarterly dividends, with the quarterly cash dividend declared today marking the 224th consecutive quarterly dividend paid, dating back to March 1968.

United Fire Group, Inc. Reports Fourth Quarter and Full Year 2023 Results

Retrieved on:

Tuesday, February 13, 2024

Growth, UFCS, UFG, GAAP, Comparable, Specialization, Policy, Workforce, Insurance, Partnership

CEDAR RAPIDS, Iowa, Feb. 13, 2024 (GLOBE NEWSWIRE) -- United Fire Group, Inc. (Nasdaq: UFCS),

Key Points:

“I am pleased with our fourth quarter results as we achieved the highest level of quarterly profit in 2023,” said UFG President and CEO Kevin Leidwinger.
“In the fourth quarter, net premiums written grew to $247 million led by our core commercial and assumed reinsurance business units.
“Improving core commercial line profitability led to a fourth quarter underlying loss ratio of 60.0%, the lowest quarterly result of 2023.
“The fourth quarter expense ratio of 34.4% was also the lowest result of 2023, as we continued to sustainably reduce expenses.

New to The Street Leadership Series Announces Its Interviews of Two Business Leaders, Matt Higgins and Ray Titus; Show Airs on Bloomberg TV as Sponsored Programming on Saturday, December 30, 2023, at 6:30 PM ET

Retrieved on:

Friday, December 29, 2023

Celebrity, Boat, Family, Dream, Learning, Instinct, GED, Fear, QR, Bloomberg Television, Poverty, NFL, Sport, Food, UFG, History, Management

Executive Coach, Media Personality, and Author Matt Doherty and business TV Host Jane King , who co-hosts the show, welcome two (2) business guests who share their extraordinary leadership experiences:

Key Points:

Executive Coach, Media Personality, and Author Matt Doherty and business TV Host Jane King , who co-hosts the show, welcome two (2) business guests who share their extraordinary leadership experiences:
2).
He became an executive for two NFL teams, has appeared on the "Shark Tank" business show, and is the CEO of RSE Ventures.
Recognized domestically and internationally as a successful and positive leader, Ray continues to assist many in successful franchise ownership.
Viewers and others interested in learning more about Ray Titus can visit https://unitedfranchisegroup.com/ or scan the QR code during the show.

UFG Appoints Kelly Walsh Chief Underwriting Officer

Retrieved on:

Friday, December 15, 2023

UFCS, UFG, Mathematics, University, Insurance, CNA Financial, MBA, Statistics, Management

CEDAR RAPIDS, Iowa, Dec. 15, 2023 (GLOBE NEWSWIRE) -- United Fire Group Inc. (Nasdaq: UFCS) (UFG) is pleased to announce the appointment of Kelly Walsh as chief underwriting officer, effective December 27, 2023.

Key Points:

CEDAR RAPIDS, Iowa, Dec. 15, 2023 (GLOBE NEWSWIRE) -- United Fire Group Inc. (Nasdaq: UFCS) (UFG) is pleased to announce the appointment of Kelly Walsh as chief underwriting officer, effective December 27, 2023.
As chief underwriting officer, Walsh will lead all underwriting functions at UFG, maintaining full profit and loss and strategic accountability across all lines of business, applying a high level of underwriting governance and rigor to each business unit.
“With her deep underwriting expertise, actuarial background and strong leadership skills, Kelly is ideally suited to lead the underwriting organization,” said UFG Executive Vice President and Chief Operating Officer Julie Stephenson.
We are excited to welcome her to the leadership team and look forward to her many valuable contributions.”
“It is an honor to serve as chief underwriting officer,” added Walsh.

United Fire Group, Inc. Declares a Common Stock Quarterly Cash Dividend of $0.16 per Share

Retrieved on:

Friday, November 17, 2023

UFCS, UFG, 223rd, Holding company

CEDAR RAPIDS, Iowa, Nov. 17, 2023 (GLOBE NEWSWIRE) -- Today, the Board of Directors of United Fire Group, Inc. (Nasdaq: UFCS) ("UFG") declared a common stock quarterly cash dividend of $0.16 per share.

Key Points:

CEDAR RAPIDS, Iowa, Nov. 17, 2023 (GLOBE NEWSWIRE) -- Today, the Board of Directors of United Fire Group, Inc. (Nasdaq: UFCS) ("UFG") declared a common stock quarterly cash dividend of $0.16 per share.
This dividend will be payable December 15, 2023 to shareholders of record as of December 1, 2023.
UFG has a long history of paying quarterly dividends, with the quarterly cash dividend declared today marking the 223rd consecutive quarterly dividend paid, dating back to March 1968.

United Fire Group, Inc. Reports Third Quarter 2023 Results

Retrieved on:

Wednesday, November 1, 2023

UFCS, Growth, Insurance, Policy, UFG, Video game, Reinsurance

CEDAR RAPIDS, Iowa, Nov. 01, 2023 (GLOBE NEWSWIRE) -- United Fire Group, Inc. (Nasdaq: UFCS),

Key Points:

Net investment income of $16.5 million increased 41.8% compared to the third quarter of 2022.
Book value per common share decreased 13.0% to $25.53 as of September 30, 2023, compared to December 31, 2022.
“Our third quarter results show signs of improvement while we continue to execute strategies to strengthen our Company.
Rate achievement increased across all lines of business from the second quarter of 2023, excluding workers' compensation, with property rates increasing 17.3%.

WOMEN IN FRANCHISING NATIONAL APPRECIATION DAY RETURNS FOR ITS SECOND YEAR ON SATURDAY, OCTOBER 14

Retrieved on:

Tuesday, October 10, 2023

NAWBO, Woman, Partnership, Knowledge, Family, Consultant, National Women's History Alliance, Guidant, Human, National Association, Freedom, UFG, Dream, PALM, Meeting, National Association of Women Business Owners, Small business, Conference, Toy

WEST PALM BEACH, Fla., Oct. 10, 2023 /PRNewswire/ -- As more women choose the freedom and independence of owning a franchise business, their success in the industry will be recognized during the second annual Women in Franchising National Appreciation Day on Saturday, October 14. The holiday was established in 2022 by United Franchise Group™ (UFG) to celebrate all women working in the franchising industry, from owners to employees and those behind the scenes.

Key Points:

WEST PALM BEACH, Fla., Oct. 10, 2023 /PRNewswire/ -- As more women choose the freedom and independence of owning a franchise business, their success in the industry will be recognized during the second annual Women in Franchising National Appreciation Day on Saturday, October 14.
This year, UFG has partnered with the National Association of Women Business Owners (NAWBO), the unified voice of more than 14 million women-owned businesses in the United States.
Their partnership brings the success of women in franchising, whose numbers are growing rapidly, to the forefront.
Women in Franchising National Appreciation Day celebrates women who chose a career in franchising either as a franchise owner or work for a franchise brand while bringing attention to opportunities for women in this flourishing and exciting industry.

Starpoint Brands Launches Big Flavor Brands Foodservice Division and Introduces Cannoli Kitchen Pizza Franchise

Retrieved on:

Tuesday, September 5, 2023

PALM, UFG, Pizzeria, Friends, Marketing, Mediterranean Sea, Collection, Restaurant, Fast food

WEST PALM BEACH, Fla., Sept. 5, 2023 /PRNewswire/ -- Starpoint Brands™ , a division of global entrepreneurship leader United Franchise Group™ (UFG), announced today the launch of Big Flavor Brands™, a division dedicated to innovative foodservice concepts.

Key Points:

WEST PALM BEACH, Fla., Sept. 5, 2023 /PRNewswire/ -- Starpoint Brands™ , a division of global entrepreneurship leader United Franchise Group™ (UFG), announced today the launch of Big Flavor Brands™, a division dedicated to innovative foodservice concepts.
Big Flavor Brands is a specialty division of Starpoint Brands, UFG's collection of franchise brands that have become leaders in their respective industries.
Big Flavor Brands will focus on its franchisees with dedicated staff to support each brand on matters such as shared franchise services, marketing, training, and real estate.
Cannoli Kitchen Pizza was founded in 1996 in Boca Raton, Florida and is known for its quick-service style Italian cuisine always made with fresh ingredients.

AM Best downgrades credit ratings of United Fire Group, Inc. and its property/casualty subsidiaries to A- (Excellent) with stable outlook

Retrieved on:

Friday, August 18, 2023

Good, Insurance, UFG, AM Best, Small business, ICR, Credit, History, Investment, Growth, Management

CEDAR RAPIDS, Iowa, Aug. 18, 2023 (GLOBE NEWSWIRE) -- Today, AM Best announced downgrades of the credit ratings of United Fire Group, Inc. ("UFG") and its property/casualty subsidiaries.

Key Points:

CEDAR RAPIDS, Iowa, Aug. 18, 2023 (GLOBE NEWSWIRE) -- Today, AM Best announced downgrades of the credit ratings of United Fire Group, Inc. ("UFG") and its property/casualty subsidiaries.
Specifically, the Financial Strength Rating was downgraded to A- (Excellent) from A (Excellent), and the Long-Term Issue Credit Ratings ("ICR") of the property/casualty subsidiaries of UFG to “a-” (Excellent) from “a” (Excellent).
Concurrently, AM Best has downgraded the Long-Term ICR to “bbb-” (Good) from “bbb” (Good) of UFG.
The outlook of these ratings was revised to stable.

United Fire Group, Inc. Declares a Common Stock Quarterly Cash Dividend of $0.16 per Share

Retrieved on:

Friday, August 18, 2023

UFG, 222nd Rifle Division, UFCS, Holding company, Bank

CEDAR RAPIDS, Iowa, Aug. 18, 2023 (GLOBE NEWSWIRE) -- Today, the Board of Directors of United Fire Group, Inc. (Nasdaq: UFCS) ("UFG") declared a common stock quarterly cash dividend of $0.16 per share.

Key Points:

CEDAR RAPIDS, Iowa, Aug. 18, 2023 (GLOBE NEWSWIRE) -- Today, the Board of Directors of United Fire Group, Inc. (Nasdaq: UFCS) ("UFG") declared a common stock quarterly cash dividend of $0.16 per share.
This dividend will be payable September 15, 2023 to shareholders of record as of September 1, 2023.
UFG has a long history of paying quarterly dividends, with the quarterly cash dividend declared today marking the 222nd consecutive quarterly dividend paid, dating back to March 1968.