Earnings ·
United Fire Group reported second quarter 2026 financial results with net income of $33.4 million, or $1.29 per…
UFCSUnited Fire Group Inc
United Fire Group reported second quarter 2026 financial results with net income of $33.4 million, or $1.29 per diluted share, representing a 45% increase year-over-year. Net written premiums rose 9% to $406.4 million, driven by growth in core commercial business and rate increases. The combined ratio improved 1.1 points to 95.3%, aided by lower catastrophe losses of 2.7% compared to 5.5% in the prior year period. Net investment income increased 33% to $28.9 million, while book value per share rose to $38.02. The company also declared and paid a quarterly cash dividend of $0.20 per share to shareholders of record as of June 5, 2026. United Fire Group operates in the property and casualty insurance industry, providing commercial and personal lines coverage through independent agencies.