UNITED FIRE GROUP INC
Close on Oct 19, 2026
- Market cap
- $1.45B
- P/E (TTM)
- 10.4
- Dividend yield
- 1.14%
About United Fire
Fire, Marine & Casualty Insurance, SIC 6331
United Fire Group, Inc. writes property and casualty insurance primarily focused on commercial lines, alongside contract and commercial surety bonds. The organization operates across a single business segment, delivering tailored commercial package policies covering fire and allied lines, liability, automobile, and workers' compensation. Specialized offerings include niche delegated underwriting programs, specialty and surplus lines, and traditional treaty reinsurance covering property and casualty risks. Its core customer base includes small business owners and middle-market companies operating in fields such as construction, manufacturing, services, retail, and finance.
The enterprise maintains a nationwide presence, with insurance subsidiaries licensed in all 50 U.S. states and the District of Columbia. Products are marketed through an extensive distribution network of approximately 850 independent property and casualty agencies and around 160 surety agencies, complemented by managing general agents and wholesale brokers. The company also participates in Lloyd's of London syndicates. United Fire Group, Inc. is headquartered in Cedar Rapids, Iowa.
Summary of the business section of United Fire's latest annual report, written by StockData.
Company profile
Company
- Legal name
- UNITED FIRE GROUP INC
- Founded
- 1946
- Headquarters
- Cedar Rapids, IA
- Address
- 118 Second Ave Se 52401
- Phone
- (319) 399-5700
- Website
- ufginsurance.com
- Employees
- 1,173, Dec 31, 2019
- Industry
- Fire, Marine & Casualty Insurance
- Fiscal year ends
- December 31
- Auditor
- Ernst & Young LLP, Des Moines, Iowa
Stock & identifiers
- Ticker
- UFCS
- Exchange
- Nasdaq
- Shares outstanding
- 26M, Jul 29, 2026
- Public float
- $690.00M, Jun 30, 2025
- Filer category
- Accelerated filer
- Stock splits
- 2-for-1, Dec 16, 2004; 3-for-2, Jan 8, 1996; 3-for-2, Jan 6, 1995; 3-for-2, Jun 16, 1992; 3-for-2, Mar 18, 1986; 5-for-4, Jan 6, 1982
- SEC CIK
- 101199
- CUSIP
- 910340108
- ISIN
- US9103401082
- LEI
- 549300ZRC3FQZU7GNY20
- EIN
- 45-2302834
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Kevin James Leidwinger | Director, CEO | 82,064 |
| Adam M. Vogt | VP - Chief Accounting Officer | 6,928 |
| Steven Dennis Hernandez | Chief Human Resources Officer | 19,979 |
| Sarah E. Madsen | Chief Legal Officer | 13,481 |
| Julie A. Stephenson | Executive VP & COO | 54,484 |
| Eric J. Martin | Chief Financial Officer | 33,686 |
| Brian Keith Rawlins | SVP - Chief Claim Officer | 7,391 |
| Corey Lynn Ruehle | SVP & Chief Claims Officer | 16,842 |
| Kelly A. Walsh | Chief Underwriting Officer | 16,189 |
| Micah G. Woolstenhulme | SVP & Chief Risk Officer | 39,940 |
| Scott L. Carlton | Director | 267,962 |
| Teresa Jean Brown | Director | 1,415 |
| George D. Milligan | Director | 90,034 |
| Lura E. McBride | Director | 18,463 |
| Mark A. Green | Director | 16,064 |
| Susan E. Voss | Director | 26,140 |
| Brenda Kay Clancy | Director | 22,140 |
| Matthew R. Foran | Director | 15,264 |
| Christopher R. Drahozal | Director | 482,888 |
| Gilda Livingston Spencer | Director | 4,506 |
| James Noyce | Director | 34,818 |
| John Paul E. Besong | Director | 24,626 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Kevin J.Leidwinger | $3.90M | $5.84M | $1.37M | $155 | $169 |
| FY2024 Kevin J.Leidwinger | $3.60M | $5.00M | $1.43M | $121 | $151 |
| FY2023 Current PEO | $2.75M | $1.74M | $1.45M | $86 | $113 |
| FY2023 Kevin J.Leidwinger | $2.75M | $1.74M | $1.45M | $86 | $113 |
| FY2022 Current PEO | $1.55M | $1.56M | $825.85K | $114 | $107 |
| FY2022 Former PEO | $1.74M | $1.47M | $825.85K | $114 | $107 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2019 , we employed 1,173 full-time employees and 12 part-time employees.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Mar 30, 2018 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Feb 2, 2012 | Name change | Name changed from UNITED FIRE & CASUALTY CO to UNITED FIRE GROUP INC |
| Feb 2, 2012 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Feb 2, 2012 | Delisting | Notice of delisting from exchange (Form 25) |
| Feb 1, 2012 | Listing notice | Notice of delisting or failure to satisfy a listing rule (8-K Item 3.01) |
| Feb 1, 2012 | Deregistration | Termination of SEC registration (Form 15) |
| Feb 1, 2012 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Mar 28, 2011 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Apr 26, 2010 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Feb 25, 2009 | Listing | Registration of securities on an exchange (Form 8-A) |