Profile: United Fire Group Inc (UFCS.OQ)
29 Jul 2016
United Fire Group, Inc., incorporated on May 18, 2011, provides insurance protection for individuals and businesses. The Company is engaged in the business of writing property and casualty insurance, and life insurance, and selling annuities through a network of independent agencies. The Company's segments include property and casualty insurance, and life insurance. The property and casualty insurance segment is engaged in writing both commercial and personal lines of property and casualty insurance. The life insurance segment includes the operations of United Life Insurance Company, a subsidiary of the Company. The Company's insurance company subsidiaries are licensed as a property and casualty insurer in over 50 states and the District of Columbia, and as a life insurer in approximately 40 states.
Property and Casualty Insurance Segment
The Company's property and casualty insurance segment includes commercial lines insurance, including surety bonds, personal lines insurance and assumed reinsurance. The Company's primary commercial policies are business packages that include various coverages, such as fire and allied lines, other liability, automobile, workers' compensation and surety. The Company's personal lines consist primarily of automobile and fire, and allied lines coverage, including homeowners.
Life Insurance Segment
The Company's life insurance segment includes deferred and immediate fixed annuities, universal life insurance products and traditional life insurance products. United Life Insurance Company underwrites the Company's life insurance business and sells annuities. The Company also underwrites and markets other traditional products, including term life insurance and whole life insurance.
United Fire Group Inc
118 2nd Ave SE
CEDAR RAPIDS IA 52401-1212