☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-34257 Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 or ________________________ UNITED FIRE GROUP INC. (Exact name of registrant as specified in its charter) (State of incorporation) (I.R.S. Employer ...

Financial Data and Key Metrics Changes - The company reported a consolidated net loss of $10.5 million in Q2 2022, compared to a net income of $13.8 million in the same period of 2021 [19] - Year-to-date, consolidated net income was $17.9 million, down from $32.5 million in 2021 [19] - Adjusted operating income for Q2 2022 was $6.1 million, compared to $9 million in Q2 2021 [20] - The combined ratio for Q2 2022 was 100.7%, slightly lower than 100.8% in Q2 2021 [10][22] - Statutory surplus increased approximately 3.5% in Q2 2022 [26] Business Line Data and Key Metrics Changes - Earned premium increased by 2.9% year-over-year, while written premium rose by 9.5%, driven by specialty and assumed reinsurance lines [8] - The core loss ratio improved by 1.8 percentage points in Q2 2022 and by 10.1 percentage points year-to-date compared to the previous year [9] - Commercial auto accounted for 22% of the portfolio at the end of Q2 2022, down from 25% a year earlier [15] - Surety line reported a loss ratio of approximately 20%, and assumed reinsurance reported 22.6% in Q2 2022 [16] Market Data and Key Metrics Changes - The overall change in renewal premiums was 8.1%, with 3% from exposure changes and 5.1% from rate increases [18] - The commercial average renewal rate increase was 7.1%, while the commercial property average renewal rate increase was 9.2% [18] Company Strategy and Development Direction - The company is focused on profitable growth, emphasizing the importance of improving profitability through nonrenewal of underperforming accounts [8] - The management is monitoring economic conditions to make appropriate adjustments to pricing, portfolio, and underwriting strategies [18] - The new CEO, Kevin Leidwinger, is expected to continue the current successful strategy without major changes [30] Management Comments on Operating Environment and Future Outlook - Management noted that the increase in catastrophe losses was a significant factor in the decrease of net income and adjusted operating income [21] - The company has reported favorable reserve development every year since 2009, indicating a positive trend [22] - Management expressed confidence in the future performance of the assumed reinsurance book, highlighting successful results beyond expectations [34] Other Important Information - The company declared and paid a $0.16 per share cash dividend, marking a 6.7% increase over the previous dividend [26] - No share repurchases were made during the quarter, with future purchases dependent on various factors [27] Q&A Session Summary Question: What changes can be expected as management transitions? - Management indicated that while the new CEO is from outside the organization, the current strategy has proven effective, and no major changes are anticipated [30] Question: Is there increased competition in the specialty lines of business? - Management acknowledged increased competition in specialty lines but noted that the assumed reinsurance business remains relationship-driven and not necessarily more competitive than before [32][33]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-34257 ________________________ UNITED FIRE GROUP INC. (Exact name of registrant as specified in its charter) (State of incorporation) (I.R.S. Employer Ident ...

United Fire Group, Inc. (NASDAQ:UFCS) Q1 2022 Earnings Conference Call May 5, 2022 10:00 AM ET Company Participants Randy Patten - Assistant Vice President and Corporate Controller Randy Ramlo - Chief Executive Officer Mike Wilkins - Chief Operating Officer Micah Woolstenhulme - Chief Risk Officer Conference Call Participants Marla Backer - Sidoti Paul Newsome - Piper Sandler Operator Good day and welcome to the United Fire Group Insurance 2022 First Quarter Conference Call. [Operator Instructions] Please n ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-34257 ________________________ UNITED FIRE GROUP INC. (Exact name of registrant as specified in its charter) (State of incorporation) (I.R.S. Employer Iden ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the fiscal year ended December 31, 2021 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from ______ to ______ Commission File Number 001-34257 Cedar Rapids Iowa 52401 (Address of principal executive offices) (Zip Code) Registrant's telephone number, ...

United Fire Group, Inc. (NASDAQ:UFCS) Q4 2021 Earnings Conference Call February 15, 2022 10:00 AM ET Company Participants Randy Patten - Co-Chief Financial Officer Randy Ramlo - Chief Executive Officer Mike Wilkins - Chief Operating Officer Jeremy Bahl - Vice President & Chief Underwriting Officer. Conference Call Participants Marla Backer - Sidoti Paul Newsome - Piper Sandler Operator Good morning, everyone. My name is Jamie and I’ll be your conference today. At this time, I would like to welcome everyone ...

2021 FOURTH QUARTER AND YEAR-END EARNINGS CONFERENCE CALL FEBRUARY 15, 2022 2021 FOURTH QUARTER EARNINGS CONFERENCE CALL Net income (loss) per diluted share $ 2.28 $ (0.36) Net income (loss) per diluted share $ 3.16 $ (4.50) Net realized investment gains per diluted share $ 0.59 $ 0.94 Net realized investment gains (losses) per diluted share $ 1.47 $ (1.02) Adjusted operating income (loss) per diluted share $ 1.69 $ (1.30) Adjusted operating income (loss) per diluted share $ 1.69 $ (2.88) GAAP combined rati ...

United Fire Group, Inc. (NASDAQ:UFCS) Q3 2021 Earnings Conference Call November 4, 2021 10:00 AM ET Company Participants Randy Ramlo - Chief Executive Officer Mike Wilkins - Chief Operating Officer Randy Patten - Chief Financial Officer Conference Call Participants Marla Backer - Sidoti Operator Good morning and welcome to the United Fire Group, Inc. Q3 2021 Conference Call. [Operator Instructions] Please note this event is being recorded. I would now like to turn the conference over to Randy Patten. Please ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (State of incorporation) (I.R.S. Employer Identification No.) Iowa 45-2302834 FORM 10-Q ________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 UNITED FIRE GROUP INC. or (Exact name of registrant as specified in its charter) ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 19 ...