---
schema_version: "secwatch.filing_event.v1"
accession: "0000101199-23-000087"
form_type: "8-K"
ticker: "UFCS"
cik: "0000101199"
company_name: "UNITED FIRE GROUP INC"
filed_at: "2023-11-01T23:59:59+00:00"
generated_at: "2026-06-09T01:45:23.755693+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# United Fire Group reports Q3 net income $0.25 per share vs loss of $0.91 YoY

## Summary
- Net income $6.4M ($0.25 diluted EPS) vs loss of $23.0M ($0.91) in Q3 2022; adjusted operating income $0.31 per share.
- GAAP combined ratio improved to 102.1% from 111.7%; underlying combined ratio 96.0%.
- Net premiums earned $259.5M (+8.9% YoY); net investment income $16.5M (+41.8%).
- Book value per share fell 13.0% to $25.53 from Dec 2022, driven by higher loss reserves and lower invested assets.
- Core commercial renewal premium change accelerated to 11.0%; property rates up 17.3%.

## SEC filing metadata
- accession: 0000101199-23-000087
- form_type: 8-K
- ticker: UFCS
- cik: 0000101199
- company_name: UNITED FIRE GROUP INC
- filed_at: 2023-11-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/101199/000010119923000087/0000101199-23-000087-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/101199/000010119923000087/ufcs-20231101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000101199-23-000087
- JSON: https://secwatch.observer/filing/0000101199-23-000087.json
- Plain text: https://secwatch.observer/filing/0000101199-23-000087.txt

## Key facts
- Earnings Releases
  UNITED FIRE GROUP INC reported the quarter ended September 30, 2023 results: net income $6.4 million ($0.25 per diluted share), EPS $0.25 per diluted share.
  - Period: the quarter ended September 30, 2023
  - Net income: $6.4 million ($0.25 per diluted share)
  - EPS: $0.25 per diluted share
  - Result: reported results
  source text: On November 1, 2023, United Fire Group, Inc. issued a press release announcing its financial results for the quarter ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/101199/000010119923000087/0000101199-23-000087-index.htm

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