---
schema_version: "secwatch.filing_event.v1"
accession: "0000101199-24-000009"
form_type: "8-K"
ticker: "UFCS"
cik: "0000101199"
company_name: "UNITED FIRE GROUP INC"
filed_at: "2024-02-13T23:59:59+00:00"
generated_at: "2026-06-06T03:00:18.297975+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# United Fire Group Q4 net income $0.77/shr; full year net loss $1.18/shr; combined ratio 109.3%

## Summary
- Q4 net income $19.6M ($0.77 diluted EPS); adjusted operating income $0.65/shr.
- Q4 net premiums written $246.8M, up 5.2% YoY; GAAP combined ratio 99.2% (improved 4.7 pts).
- Full year net loss $29.7M ($1.18/shr); adjusted operating loss $30.7M ($1.22/shr).
- Full year net investment income $59.6M, up 32.7% YoY; book value per share $29.04 (down 1.1%).
- Workforce reduced 22% in 2023 via voluntary early retirement; partnered with New England Asset Management for portfolio management.

## SEC filing metadata
- accession: 0000101199-24-000009
- form_type: 8-K
- ticker: UFCS
- cik: 0000101199
- company_name: UNITED FIRE GROUP INC
- filed_at: 2024-02-13T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/101199/000010119924000009/0000101199-24-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/101199/000010119924000009/ufcs-20240213.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000101199-24-000009
- JSON: https://secwatch.observer/filing/0000101199-24-000009.json
- Plain text: https://secwatch.observer/filing/0000101199-24-000009.txt

## Key facts
- Earnings Releases
  UNITED FIRE GROUP INC reported financial results for the quarter and year ended December 31, 2023.
  - Period: the quarter and year ended December 31, 2023
  - Result: reported results
  source text: On February 13, 2024, United Fire Group, Inc. issued a press release announcing its financial results for the quarter and year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/101199/000010119924000009/0000101199-24-000009-index.htm

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