---
schema_version: "secwatch.filing_event.v1"
accession: "0000101199-23-000054"
form_type: "8-K"
ticker: "UFCS"
cik: "0000101199"
company_name: "UNITED FIRE GROUP INC"
filed_at: "2023-07-31T23:59:59+00:00"
generated_at: "2026-06-12T21:37:32.469387+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# UFG reports preliminary Q2 net loss of $2.23/share; reserves strengthened by $53M

## Summary
- Net loss of $2.23 per diluted share; adjusted operating loss of $2.27 per diluted share.
- Pre-tax reserve strengthening of $53M for prior accident years (20.8 points of earned premium).
- Estimated pre-tax catastrophe losses of $33M (13.0 points of earned premium); 18 separate weather events.
- GAAP combined ratio estimated at 133% for Q2 2023.
- Property average premium increased 19% (rate +12%, exposure +7%) in Q2.

## SEC filing metadata
- accession: 0000101199-23-000054
- form_type: 8-K
- ticker: UFCS
- cik: 0000101199
- company_name: UNITED FIRE GROUP INC
- filed_at: 2023-07-31T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/101199/000010119923000054/0000101199-23-000054-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/101199/000010119923000054/ufcs-20230731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000101199-23-000054
- JSON: https://secwatch.observer/filing/0000101199-23-000054.json
- Plain text: https://secwatch.observer/filing/0000101199-23-000054.txt

## Key facts
- Earnings Releases
  UNITED FIRE GROUP INC reported second quarter of 2023 results: net income $(2.23) per diluted share, EPS $(2.27) per diluted share (adjusted operating loss).
  - Period: second quarter of 2023
  - Net income: $(2.23) per diluted share
  - EPS: $(2.27) per diluted share (adjusted operating loss)
  - Result: preliminary results
  source text: announced today preliminary earnings estimates for the second quarter 2023 results, including net loss of $2.23 per diluted share, and an adjusted operating loss of $2.27 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/101199/000010119923000054/0000101199-23-000054-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.