About UFG
Trusted insurance solutions since 1946
UFG Insurance was founded on a belief that the insurance business is a people business — a principle that still anchors us today.
With a geographic presence from coast to coast, UFG is here for you with deep underwriting expertise and specialized capabilities to meet the evolving needs of business owners. Underpinning our commitment to customers is a dedication to service that exceeds expectations and an emphasis on personal relationships that can be hard to find in today’s fast-paced world.
We’re proud to provide insurance solutions from UFG headquarters in Iowa and office locations in Arizona, California, Colorado, New Jersey and Texas. Our products are available exclusively through a select group of approximately 850 independent insurance agencies and brokers across the United States. Learn about our legacy.
Turn to UFG for:
- Commercial insurance in 32 states through business units of:
- Middle market
- Construction
- Small business
- Excess and surplus lines and surety bonds in 50 states plus Washington D.C. through business units of:
- UFG Specialty
- UFG Surety
- Reinsurance that spans the globe through the alternative distribution unit
UFG welcomes independent insurance agents to explore a rewarding partnership with us.
Discover our cornerstones
Corporate responsibility
At UFG, our purpose is rooted in deeper responsibilities than ink reflects on paper. The promises we strive to keep in the business world parallel those we pledge to our communities, employees and environment.
DE&I
We aim to foster a culture of belonging, where everyone is welcome, respected and appreciated. That commitment is reinforced through a variety of DE&I initiatives.
UFG Foundation
The private foundation of UFG Insurance has put profits to work for a higher purpose since 1999, building upon our mission’s promise of community support.
Vision, mission, values
At our fundamental core is a vision that inspires us, a mission that motivates us and a strong set of values that defines us.Go Beyond award
Each year, UFG proudly celebrates an employee and agency partner who goes above and beyond in community service.
Erica Bergfeld-Reed
Nick Killoran
UFG Insurance Blog
Our insurance blog holds a wealth of demystifying articles from respected industry leaders at UFG. With a broad range of business topics, there’s an ah-ha moment for everyone in the blog library.
UFG news
Stay up to date on press releases and corporate news stories from across UFG.
United Fire Group, Inc. reports third quarter 2026 results
Third quarter 2026 highlights compared to third quarter 2025, unless otherwise noted:(1)
- Net income decreased $4.1 million to $35.1 million.
- Net investment income increased 13% to $29.3 million.
- Combined ratio increased 2.7 points to 94.6%, composed of an underlying loss ratio of 57.3%, catastrophe loss ratio of 2.4%, no prior year reserve development, and underwriting expense ratio of 34.9%.
- Underlying combined ratio increased 1.6 points to 92.2%.
- Net written premium(2) increased 13% to $371.4 million.
- Book value per share decreased $0.37 to $36.51 as of September 30, 2026, compared to December 31, 2025.
- Adjusted book value per share increased $3.07 to $40.94 as of September 30, 2026, compared to December 31, 2025.
- Return on equity was 14.0% for the nine months ended September 30, 2026.
CEDAR RAPIDS, IOWA, November 3, 2026 — United Fire Group, Inc. (UFG) (Nasdaq: UFCS) today reported financial results for the quarter ended September 30, 2026, with net income decreasing 10% over the prior year to $35.1 million ($1.34 per diluted share) and adjusted operating income decreasing 11% over the prior year to $35.1 million ($1.34 per diluted share).
In the third quarter of 2026, net written premium increased 13% compared to the prior-year quarter, led by growth in the company's core commercial business. The combined ratio increased 2.7 points to 94.6% as compared to the third quarter of 2025, which was the company's best third quarter combined ratio in nearly 20 years. Prior year reserve development remained neutral overall. Net investment income increased 13% to $29.3 million in the third quarter.
On a year-to-date basis, the company achieved record net income and earnings per share. The year-to-date combined ratio of 95.2% is the best in more than a decade, improving 0.7 points over prior year due to decreases in the expense ratio and catastrophe loss ratio. Return on equity improved to 14%.
“UFG delivered its strongest quarter of 2026, contributing to an exceptional first nine months of the year,” said President and CEO Kevin Leidwinger. “The quarter's overall performance reflects the quality of the portfolio we have built by deepening our underwriting expertise, strengthening our distribution partnerships, expanding our capabilities and improving operational effectiveness.
“Through the first nine months of 2026, we generated record earnings, achieved a 14.0% return on equity and produced a 95.2% combined ratio.
“Looking ahead, we believe we are well positioned to navigate an evolving market. Our focus remains on pursuing profitable growth opportunities, maintaining underwriting discipline, delivering consistent profitability and creating long-term value for our shareholders.”
(1) Underlying loss ratio, underlying combined ratio and adjusted book value per share are non-GAAP financial measures. See Definitions of non-GAAP information and reconciliations to comparable GAAP measures for additional information.
(2) Net written premium is a performance measure reflecting the amount charged for insurance policy contracts issued and recognized on an annualized basis at the effective date of the policy. See Certain performance measures for additional information.