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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-...
AM Best has downgraded the Financial Strength Rating (FSR) to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a-” (Excellent) from “a” (Excellent) of the property/casualty (P/C) subsidiaries of United Fire Group, Inc. (UF...
2023-08-11 05:12:10 ET United Fire Group, Inc. ( UFCS ) Q2 2023 Earnings Conference Call August 08, 2023 10:00 AM ET Company Participants Tim Borst - AVP and Director of Investor Relations Kevin Leidwinger - CEO Eric Martin - Executive Vice President and Chie...
Second quarter 2023 highlights: Net loss of $56.4 million driven by prior period loss reserve strengthening and elevated catastrophe losses. Net premiums written (1) of $299.1 million increased 14.6% compared to the second quarter of 2022, representing five consecutive quarters of...
2023-08-01 12:00:23 ET Gainers: CURO Group Holdings ( CURO ) +6% . Losers: United Fire Group ( UFCS ) -18% . Apollo Commercial Real Estate Finance ( ARI ) -12% after Q2 results . Greenidge Generation Holdings ( GREE ) -11% . ...
CEDAR RAPIDS, Iowa, July 31, 2023 (GLOBE NEWSWIRE) -- United Fire Group, Inc. (the "Company" or "UFG") (Nasdaq: UFCS) announced today preliminary earnings estimates for the second quarter 2023 results, including net loss of $2.23 per diluted share, and an adjusted operating loss of $2.27 per ...
CEDAR RAPIDS, Iowa, July 24, 2023 (GLOBE NEWSWIRE) -- United Fire Group, Inc. (Nasdaq: UFCS) (the "Company", "UFG", "we", or "our") announced today that its 2023 second quarter earnings results will be released after the market closes on Monday, August 7, 2023. An earnings call will be held on Tu...
2023-05-13 04:50:05 ET United Fire Group, Inc. (UFCS) Q1 2023 Earnings Conference Call May 05, 2023, 1 0:00 AM ET Company Participants Eric Martin - Executive Vice President and Chief Financial Officer Kevin Leidwinger - CEO Julie Stephenson - Chief Operating Off...
2023-05-08 16:36:24 ET United Fire press release ( NASDAQ: UFCS ): Q1 Non-GAAP EPS of $0.08 misses by $0.45 . Revenue of $267.1M (+9.0% Y/Y) beats by $8.5M . For further details see: United Fire Non-GAAP EPS of $0.08 misses by $0.45, revenue of $267.1M be...
First Quarter Net Income of $0.03 per Diluted Share and Adjusted Operating Income of $0.08 per Diluted Share; Net Premiums Written increased 13.4% First quarter 2023 highlights: Net income of $0.7 million. Net premiums written (1) of $273.3 ...
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2024-07-15 02:56:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
AM Best has assigned a Long-Term Issue Credit Rating of “bbb-” (Good) to recently issued $70 million, 9% senior unsecured notes due May 31, 2039, of United Fire Group, Inc. (UFG) (Cedar Rapids, IA) [NASDAQ: UFCS]. The outlook assigned to this Credit Rating (rating) is stable. ...
CEDAR RAPIDS, Iowa, June 03, 2024 (GLOBE NEWSWIRE) -- United Fire Group, Inc (the “Company” or “UFG”) (NASDAQ: UFCS), a property and casualty insurance holding company, today announced that it has successfully completed a placement of $70 million aggregate principal se...