AM Best Removes From Under Review With Developing Implications, Affirms Credit Ratings of Certain Curi Insurance Group Members [Yahoo! Finance]
United Fire Group, Inc (UFCS)
US:NASDAQ Investor Relations:
ir.ufginsurance.com
Company Research
Source: Yahoo! Finance
Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of "a" (Excellent) of certain members of Curi Insurance Group (Curi). Concurrently, AM Best has removed from under review with developing implications and downgraded the Long-Term ICRs to "a" (Excellent) from "a+" (Excellent) and affirmed the FSRs of A (Excellent) of Medical Mutual Insurance Company of North Carolina and its wholly owned subsidiary, Medical Security Insurance Company. Both companies are domiciled in Raleigh, NC and also members of Curi. The outlook assigned to all of these Credit Ratings (ratings) is stable. (Please see below for the list of Curi members and ratings.) The ratings reflect Curi's balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM). These ratings were previously placed under review with developing implications in February 2023, following
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News
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- United Fire Group, Inc. (NASDAQ:UFCS) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- United Fire Group First Quarter 2024 Earnings: EPS: US$0.53 (vs US$0.028 in 1Q 2023) [Yahoo! Finance]Yahoo! Finance
- United Fire Group, Inc. (NASDAQ: UFCS) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- United Fire Group, Inc. Reports First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
UFCS
Earnings
- 5/7/24 - Beat
UFCS
Sec Filings
- 5/10/24 - Form SC
- 5/8/24 - Form 10-Q
- 5/7/24 - Form 8-K
- UFCS's page on the SEC website