UFG(UFCS) - 2024 Q2 - Quarterly Results

Exhibit 99.1 United Fire Group, Inc. Reports Second Quarter 2024 Results Second Quarter Net Loss of $0.11 per Diluted Share and Adjusted Operating Loss of $0.07 per Diluted Share Second quarter 2024 highlights: • Net loss of $2.7 million includes a $3.2 million pre-tax charge for an estimated contingent liability related to rating errors. • Net premiums written increased 9.0% to $326.1 million compared to the second quarter of 2023. • Net investment income increased 59.2% to $18.0 million compared to the se ...