UFG falls to Q4 loss on $12mn reserve charge, $21mn in catastrophes
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UFG falls to Q4 loss on $12mn reserve charge, $21mn in catastrophes

James Thaler
February 17, 2021
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Iowa’s United Fire Group (UFG) closed out a tough year in the fourth quarter, falling to a $33mn operating loss as social inflation pressures, a drop in earned premium, and somewhat higher catastrophe losses caused the quarter’s underwriting loss...

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