United Fire Group, Inc. Reports Second Quarter 2026 Results

United Fire Group, Inc. (UFG) announced strong financial results for the second quarter ended June 30, 2026. Net income increased by 45% year-over-year to $33.4 million, or $1.29 per diluted share, while adjusted operating income rose by 42% to $33.7 million, or $1.30 per diluted share. The company achieved its best second-quarter combined ratio in over 15 years at 95.3%, an improvement of 1.1 points from the previous year, driven by a decrease in catastrophe losses. Net written premiums grew by 9% to $406.4 million, primarily due to growth in the commercial business. Net investment income increased by 33% to $28.9 million. Book value per share increased by $1.14 to $38.02 as of June 30, 2026. The company highlighted the positive impact of strategic initiatives focused on underwriting expertise, enhanced capabilities, stronger distribution partnerships, and improved investment returns.