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BNET Industries

United Fire & Casualty Co. (UFCS) is in the Financial Services Industry

Revenue
Dec 31 2007
$638.5M
Profit
Dec 31 2007
$111.3M
Market Cap
Oct 09 2008
$573.8M

Latest News and Analysis

  • A.M. Best Affirms Ratings of United Fire & Casualty Group

    OLDWICK, N.J. -- A.M. Best Co. has affirmed the financial strength rating FSR of A Excellent and the issuer credit ratings ICR of "a" of United Fire & Casualty Group United Fire and its five property/casualty members, which operate under a business pooling agreement led by United...

    Articles 2007-02-22

  • U.S. District Court

    Filings Nicholson Farrell v. United Fire and Casualty Co., petition for more than $105,769 and other relief...

    Articles 2004-12-01

  • United Fire & Casualty to close N.O. regional office

    United Fire & Casualty Co., based in Cedar Rapids, Iowa, announced it would close its 81-employee New Orleans regional office this spring to consolidate with a regional office in Galveston, Texas. The company will lay off 18 support staff workers and transfer 23 underwriters to its Galveston office. The consolidation,...

    Articles 2004-04-05

  • A.M. Best Affirms Financial Strength and Debt Ratings of United Fire & Casualty; Revising Outlook to Stable

    Business Editors OLDWICK, N.J.--BUSINESS WIRE--March 3, 2004 A.M. Best Co. has affirmed the financial strength rating of A Excellent of the members of United Fire & Casualty Group (Cedar Rapids, IA), which operate under a business pooling arrangement. Concurrently, A.M. Best has affirmed the...

    Articles 2004-03-03

  • United Fire & Casualty Company Chooses MX Logic to Cure Spam; MX Logic Continues Expansion into Key Insurance Vertical

    Business Editors/High-Tech Writers DENVER--BUSINESS WIRE--July 31, 2003 MX Logic, Inc., a provider of managed email protection and security services, including spam and virus filtering, today announced that United Fire & Casualty Company and United Life Insurance Company, members of the United Fire Group, have selected MX...

    Articles 2003-07-31

  • Lower court told to determine facts in insurance case

    A federal trial court will have to take another look at an insurance case to determine whether the man who applied for the coverage was an undisclosed agent acting for his parents, whose company owned the property. On Tuesday, the 8th U.S. Circuit Court of Appeals reversed...

    Articles 2003-05-08

  • Fitch Ratings Assigns 'BBB/BBB-' Debt Rtgs to United Fire & Casualty

    Business Editors CHICAGO--BUSINESS WIRE--July 25, 2002 Fitch Ratings has assigned a 'BBB' long-term issuer rating to United Fire & Casualty Company (NASDAQ: UFCS) and a 'BBB-' rating to the 6.375% Convertible Preferred Stock, Series A issued by UFCS. UFCS announced on May 9, 2002, that it...

    Articles 2002-07-25

  • Double-digit advances helped brighten May.(Month in Insurance Stocks)

    Insurance stocks made solid gains in May 1996, and the 60% of stocks which increased did so dramatically. Twenty-three stocks increased by 10% or more in the month, while only three companies fell more than 10%. Classy Allied Life Financial rose 27.6%, finishing at 21 3 8, while United Fire...

    Articles 1996-06-17

  • Agency proves you don't have to be large to do commercial target marketing

    Insurance industry trade publications are filled these days with articles on target marketing --how to, why to, when to, etc. When we think of agencies that target market particular industries, we tend to assume they are among the larger producers. It is taken as a given that smaller agencies are...

    Articles 1995-10-01

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  • Incorporated: 1946
  • CEO: Mr. Randy A. Ramlo
  • Employees: 667

United Fire & Casualty is engaged in the business of writing property and casualty insurance and life insurance. Co. operates in two business segments: property and casualty insurance, and life insurance. The property and casualty insurance segment markets most forms of commercial and personal property, and casualty insurance products, including surety bonds and reinsurance. As of Dec 31 2007, the business is generated through 865 independent agencies in 42 states. The life insurance segment underwrites and markets life (primarily universal and traditional life) and annuity (primarily single premium annuity) products to individuals and groups through 927 independent agencies in 28 states.

Key Competitors

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United Fire & Casualty Co. Company Info

Board of Directors

Mr. Scott McIntyre Jr.

Chairman

Mr. Kyle D. Skogman

Mr. Frank S. Wilkinson Jr.

Mr. Jack B. Evans

Mr. Christopher R. Drahozal

Mr. Thomas W. Hanley

Ms. Casey D. Mahon

Mr. George D. Milligan

Ms. Mary K. Quass

Mr. John A. Rife

Mr. Byron G. Riley

Contact Information

118 Second Avenue SE

P.O. Box 73909

Cedar Rapids, IA

http://www.unitedfiregroup.com

319 399-5700

NAICS Code

Direct Property and Casualty Insurance Carriers: 524126

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