48.87
+2.39%
Close of 9 Nov 2026, in USD
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
About United Fire Group
From its filings with the US Securities and Exchange Commission
United Fire Group is based in Cedar Rapids, Iowa. Its shares trade on Nasdaq under the ticker UFCS. The SEC classifies its business as fire, marine & casualty insurance. In the fiscal year to 31 December 2025, it reported revenue of $1.39bn and net income of $118.2m. At that date it held total assets of $3.84bn and shareholders' equity of $941.2m.
Founded in 1946, United Fire Group, Inc. ("UFG", the "Registrant", the "Company", "we", "us", or "our") and its subsidiaries are engaged in the business of writing property and casualty insurance through a network of independent agencies. Our insurance company subsidiaries are currently licensed as property and casualty insurers in all 50 states, plus the District of Columbia. Our principal executive office is located at 118 Second Avenue SE, Cedar Rapids, Iowa 52401.
The Company owns 100 percent of United Fire & Casualty Company ("UF&C"), which owns 100 percent of eight subsidiaries: (1) Addison Insurance Company; (2) Lafayette Insurance Company; (3) United Fire & Indemnity Company; (4) Mercer Insurance Company; (5) Financial Pacific Insurance Company; (6) UFG Specialty Insurance Company; (7) United Real Estate Holdings LLC and (8) McIntyre Cedar UK Limited. Mercer Insurance Company owns 100 percent of two subsidiaries: (1) Franklin Insurance Company; and (2) Mercer Insurance Company of New Jersey, Inc. McIntyre Cedar UK Limited owns 100 percent of McIntyre Cedar Corporate Member LLP.
Quoted from its 10-K, filed 26 Feb 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Financials
- Industry
- Insurance
- Listed since
- 18 Mar 1980
- Employees
- 1,173
- Website
- unitedfiregroup.com ↗
- Head office
- 118 SECOND AVE SE, CEDAR RAPIDS, IA, 52401
- Classification
- Fire, Marine & Casualty Insurance
- Filer status
- Accelerated filer
Leadership
Pay as last reported
- Mr. James NoyceIndependent Chairman of the Board$221,837
- Mr. Kevin LeidwingerPresident, Chief Executive Officer, Director, since 2022$3.6m
- Mr. Eric MartinChief Financial Officer, Executive Vice President, Principal Financial Officer$1.5m
- Ms. Julie StephensonChief Operating Officer, Executive Vice President$2.1m
- Mr. Steven HernandezChief Human Resources Officer, Senior Vice President$1.1m
- Ms. Sarah MadsenVice President, Corporate Secretary, Chief Legal Officer$1.0m
- Mr. Corey RuehleVice President, Chief Claims Officer
- Ms. Gilda SpencerDirector
- Mr. John-Paul BesongIndependent Director$162,837
- Mr. Scott CarltonIndependent Director$176,837
- Ms. Brenda ClancyIndependent Director$187,837
- Mr. Christopher DrahozalIndependent Director$171,837
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 45
- Environment
- 10
- Social
- 57
- Governance
- 68
- Women in the workforce
- 57.4%
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- United Fire Group Inc (UFG) has a strong financial position, with steady revenue growth and consistent profitability over the years. The company has a diversified portfolio of insurance products, including property and casualty, commercial, and personal lines, which provides stability and a wide customer base. UFG has a strong brand reputation and a well-established presence in the insurance industry, which helps in attracting and retaining customers.
Weaknesses
- UFG operates primarily within the United States, limiting its geographical reach and exposing it to regional economic fluctuations and regulatory challenges. The company heavily relies on third-party agencies and independent agents for distribution, which may result in limited control over the sales process and customer experience. UFG has faced challenges in adapting to technological advancements in the industry, which may impact its competitiveness in the long term.
Opportunities
- There is an opportunity for UFG to expand its product portfolio and enter new markets, either through acquisitions or strategic partnerships, to diversify its revenue streams and reduce dependency on the U.S. market. The increasing demand for specialized insurance coverage, such as cyber insurance and renewable energy coverage, presents an opportunity for UFG to develop and offer tailored solutions to meet evolving customer needs. UFG can leverage technology advancements, such as data analytics and artificial intelligence, to enhance underwriting processes, improve customer service, and streamline operations.
Threats
- The insurance industry is highly competitive, and UFG faces significant competition from both established insurers and emerging insurtech companies. Changing regulatory requirements and compliance costs pose a threat to UFG's profitability and operational efficiency. Natural disasters, such as hurricanes or wildfires, can result in a surge of claims and potential financial losses for UFG.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.