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United Fire Group, Inc (UFCS)

NasdaqGS - NasdaqGS Delayed Price. Currency in USD
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United Fire Group, Inc

118 Second Avenue SE
Cedar Rapids, IA 52401
United States
319-399-5700
http://www.unitedfiregroup.com

SectorFinancial
IndustryProperty & Casualty Insurance
Full Time Employees1,091

Key Executives

NameTitlePayExercisedAge
Mr. Randy Allen RamloChief Exec. Officer, Pres, Director and Pres of United Life Insurance Company1.25M307.28k55
Ms. Dawn M. JaffrayChief Financial Officer and Sr. VP501.58kN/A50
Mr. Michael T. WilkinsChief Operating Officer and Exec. VP672.63k248.66k53
Mr. Barrie W. ErnstChief Investment Officer and VP440.9k39k62
Mr. Neal R. ScharmerVP, Gen. Counsel and Corp. Sec.373.51k156.3k60
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

United Fire Group, Inc., through with its subsidiaries, provides insurance protection for individuals and businesses in the United States. The company operates through two segments, Property and Casualty Insurance, and Life Insurance. The Property and Casualty Insurance segment offers commercial and personal lines of property and casualty insurance, as well as assumed reinsurance products. Its commercial policies include fire and allied lines, other liability, automobile, workers’ compensation, and surety coverage; and personal lines consists of automobile, and fire and allied lines coverage, including homeowners. The Life Insurance segment underwrites deferred and immediate fixed annuities; universal life insurance products; and traditional life insurance products, such as term life insurance and whole life insurance products. The company sells its products through a network of independent agencies. United Fire Group, Inc. was founded in 1946 and is headquartered in Cedar Rapids, Iowa.

Corporate Governance

United Fire Group, Inc’s ISS Governance QualityScore as of September 1, 2017 is 4. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 6; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.