United Fire Group, Inc. Declares Quarterly Cash Dividend, Payable on June 14, 2024
May 15, 2024 at 04:01 pm EDT
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The Board of Directors of United Fire Group, Inc. declared a common stock quarterly cash dividend of $0.16 per share. This dividend will be payable June 14, 2024 to shareholders of record as of May 31, 2024.
United Fire Group, Inc. is engaged in the business of writing property and casualty insurance through a network of independent agencies. The Companyâs insurance company subsidiaries are licensed as property and casualty insurers in 50 states, plus the District of Columbia. Its business is comprised primarily of commercial lines property and casualty insurance, including surety bonds. Its core commercial products support a variety of customers, including small business owners and middle market businesses operating in industries, such as construction, services, retail trade, financial and manufacturing, along with contract surety and commercial surety bonds offered through approximately 1,000 independent property and casualty agencies. It also provides specialty and surplus lines coverage through wholesale brokers on an admitted and non-admitted basis. Additionally, it offers reinsurance coverage for property and casualty insurance through traditional treaty reinsurance channels.