Cedar Rapids-based regional carrier United Fire Group said on Thursday that it expects to record nearly $40mn in pre-tax catastrophe losses when it reports earnings next week.
The company says the losses came from 19 catastrophe events in the quarter, but most heavily impacted by Hurricane Ida.
Ida
Enter your e-mail to claim a free trial:
Uncover exclusive insights tailored for insurance leaders
Stay Informed: Access exclusive industry insights
Gain a competitive advantage: Hear first about tactical developments
Make better decisions: Understand market dynamics in crucial lines of business