CEDAR RAPIDS, Iowa, Feb. 17, 2017 (GLOBE NEWSWIRE) -- Today, the Board of Directors of United Fire Group, Inc. ("UFG" or the "Company") (Nasdaq:UFCS) declared a common stock quarterly cash dividend of $0.25 per share. This dividend will be payable March 15, 2017, to shareholders of record as of March 1, 2017.
Founded in 1946 as United Fire & Casualty Company, UFG, through its insurance company subsidiaries, is engaged in the business of writing property and casualty insurance and life insurance and selling annuities.
Through our subsidiaries, we are licensed as a property and casualty insurer in 46 states, plus the District of Columbia, and we are represented by approximately 1,200 independent agencies. A.M. Best Company assigns a rating of “A” (Excellent) for the members of United Fire & Casualty Group.
Our subsidiary, United Life Insurance Company, is licensed in 37 states, represented by approximately 1,350 independent life agencies and rated "A-" (Excellent) by A.M. Best Company.
For more information about UFG, visit www.ufginsurance.com or contact:
Randy Patten, Assistant Vice President of Finance and Investor Relations, 319-286-2537 or IR@unitedfiregroup.com
Source:United Fire Group, Inc.