Profile: United Fire Group Inc (UFCS.OQ)
United Fire Group, Inc., incorporated on May 18, 2011, and its subsidiaries are engaged in the business of writing property and casualty insurance and life insurance and selling annuities through a network of independent agencies. The Company operates through two segments: property and casualty insurance, and life insurance. Its property and casualty insurance segment consists of commercial lines insurance, including surety bonds, personal lines insurance and assumed reinsurance. Its life insurance segment consists of deferred and immediate fixed annuities, universal life insurance products and traditional life insurance products. Its life insurance segment consists solely of the operations of United Life Insurance Company. Its life insurance subsidiary markets its products primarily in the Midwest, East Coast and West. As of December 31, 2016, the Company's insurance company subsidiaries were licensed as a property and casualty insurer in 46 states and the District of Columbia, and as a life insurer in 37 states.
Property and Casualty Insurance
The Company writes both commercial and personal lines of property and casualty insurance. The Company's primary commercial policies are tailored business packages that include the coverages, such as fire and allied lines, other liability, automobile, workers' compensation and surety. Its personal lines consist primarily of automobile, and fire and allied lines coverage, including homeowners.
The Company underwrites all of its life insurance business and sells annuities. The Company's principal products are single premium annuities, universal life products and traditional life (primarily single premium whole life insurance) products. 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