United Fire Group Inc Overview
Pro stress-test →United Fire Group writes property and casualty insurance and surety bonds to small business owners and middle-market businesses across construction, services, retail, financial, and manufacturing sectors. The company is a regional property and casualty insurance holding company headquartered in Cedar Rapids, Iowa, and sells products through a network of independent agencies.
Strategic Profile
Pro stress-test →United Fire Group executives highlighted a record-setting 2025 with sharp improvement in underwriting profitability, higher investment income, and continued premium growth following a multi-year operational transformation. In Q1 2026, net income surged 70% to $30.1 million with net written premium growing 12% driven by core commercial business growth, while the combined ratio improved 3.8 points to 95.6%.
Competitive Landscape
Pro stress-test →United Fire Group competes in the regional property and casualty insurance market, offering fire and allied lines, other liability, automobile, workers' compensation, and surety bonds, along with marine specialty, professional liability, and earthquake coverages through a network of independent agencies. The company competes against national P&C insurers on underwriting discipline and regional expertise.
Industry Context
United Fire Group Inc operates in Property and casualty insurance.
Key facts
Founded: 1946 · Headquarters: Cedar Rapids, Iowa · Employees: 846 · Revenue: $1.39B (2025) · Market cap: $1.34B