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News Breaks
June 24, 2014
16:02 EDTUFCSUnited Fire & Casualty sees Q2 impact from spring storms 51c-59c per share
United Fire Group announced that it expects its second quarter results to include pre-tax catastrophe losses, net of reinsurance, of approximately $20M-$23M from spring storms. The estimated impact on second quarter earnings is 51c-59c per share, after tax. "Over the last 10 years, catastrophe losses for the second quarter have had an average impact of 8.8 percentage points on the combined ratio," stated Randy Ramlo, President and CEO. "The impact of these storms will cause us to exceed that average for the quarter. Though none of the individual storms had a material impact on our earnings, the aggregate of storms during the quarter is significant."
News For UFCS From The Last 14 Days
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April 6, 2015
14:01 EDTUFCSUnited Fire Group appoints Dawn Jaffray as CFO
United Fire Group announced the appointment of Dawn Jaffray as CFO, effective April 27. Jaffray will report directly to Randy Ramlo, president and CEO of UFG. Jaffray was most recently chief financial officer of Soleil Advisory Group, specializing in operational consulting, merger and acquisition, investment and strategy.

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