UFCS United Fire & Casualty Company featured news, full reports, and detailed charts
United Fire & Casualty Company (UFCS) Wrap Up:
It is important to note that our actual results could differ materially from those projected in forward-looking statements. Information concerning factors that could cause actual results to differ materially from those in forward-looking statements is contained in Part I, Item 1A, “Risk Factors” and Part II, Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations.” GENERAL DESCRIPTION The terms “United Fire,” “we,” “us,” or “our” refer to United Fire & Casualty Company or United Fire & Casualty Company and its consolidated subsidiaries and affiliate, as the context requires. We are engaged in the business of writing property and casualty insurance and life insurance. We are an Iowa corporation incorporated in January 1946. Our principal executive office is located at 118 Second Avenue SE, P.O. Box 73909, Cedar Rapids, Iowa 52407-3909. Telephone: 319-399-5700. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f02%2f27%2f0000101199-08-000012.html#FIS_BUSINESS"www.unitedfiregroup.com
674 Employees
Founded in 1946
United Fire & Casualty Co. (UFCS:NASDAQ)
LAST $17.21 USD
CHANGE TODAY +0.21 1.24%
VOLUME 62.2K
As of 4:00 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).
Snapshot of United Fire & Casualty Co. (UFCS)
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OPEN
$16.91
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PREVIOUS CLOSE
$17.00
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DAY HIGH
$17.23
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DAY LOW
$16.91
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52 WEEK HIGH
12/31/08 - $31.38
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52 WEEK LOW
11/21/08 - $13.09
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MARKET CAP
457.6M
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AVERAGE VOLUME 3 mo
85.2K
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DILUTED EPS TTM
$-1.01
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SHARES OUTSTANDING
26.6M
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EX-DATE
08/28/09
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P/E TTM
NM
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DIVIDEND
$0.60
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DIVIDEND YIELD
3.49%
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| K = Thousands M = Millions B = Billions | ||
related news
United Fire elects Evans as chairman [The Gazette, Cedar Rapids, Iowa]
Knight Ridder/Tribune - 11/21/2009 2:51 PM ET
UFCS Top Compensated Officers
Mr. Randy A. Ramlo
Chief Executive Officer, President, Director ...
Age: 47
Total Annual Compensation: $350.0K
Ms. Dianne M. Lyons
Chief Financial Officer and Vice President
Age: 45
Total Annual Compensation: $225.0K
Mr. Barrie W. Ernst
Chief Investment Officer and Vice President
Age: 54
Total Annual Compensation: $230.0K
Mr. Michael T. Wilkins
Executive Vice President of Corporate Adminis...
Age: 45
Total Annual Compensation: $240.0K
Executives, Board Directors
Compensation as of Fiscal Year 2008.
Key developments for United Fire & Casualty Co. (UFCS)
United Fire & Casualty Co. Reports Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2009
10/26/2009
United Fire & Casualty Co. reported consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported a net loss of $10.2 million or $0.38 per diluted share in the third quarter of 2009, compared with a net loss of $16.8 million or $0.63 per diluted share for the same period a year ago. Net operating loss was $11.4 million or $0.43 per share in the third quarter of 2009, compared with net operating loss of $14.1 million or $0.53 per share in the third quarter of 2008. Pretax catastrophe losses, excluding loss development on Hurricane Katrina claims litigation, totaled $9.5 million in the third quarter of 2009, versus $36.7 million in the third quarter of 2008. Loss before income taxes was $18.6 million compared to the $28.2 million for the same period a year ago. Year to date, the company reported a net loss of $12.2 million or $0.46 per diluted share in 2009, compared with net income of $1.8 million or $0.07 per diluted share in 2008. Net operating loss was $2.7 million or $0.10 per share compared with net operating income of $4.6 million or $0.17 per share for the nine months ended September 30, 2008. Loss before income taxes was $28.5 million compared to the $6.8 million for the same period a year ago. Pretax catastrophe losses, excluding loss development on Hurricane Katrina claims litigation, totaled $19.6 million through September 30, 2009, versus $53.1 million through September 30, 2008. Book value has climbed more than 6% over the past nine months to $25.60 as of September 30, 2009.
United Fire & Casualty Co. Appoints Jack B. Evans as Interim Chairman of the Board of Directors
10/8/2009
On October 7, 2009, United Fire & Casualty Co. announced that Jack B. Evans, vice chairman of board, had been named interim chairman of the board of directors. Evans will immediately assume the post left vacant by the untimely passing of J. Scott McIntyre Jr., who died on October 6, 2009, after serving as chairman for the past 34 years.
United Fire & Casualty Co. Announces Demise of J. Scott Mcintyre Jr., Chairman
10/7/2009
United Fire & Casualty Co. announced the passing of J. Scott McIntyre Jr., chairman of the company for the past 34 years and son of the companys founder.
UFCS Competitors
| Company | Last | Change |
| CNA Surety Corp | $13.46 USD | +0.11 |
| Meadowbrook Insurance Group Inc | $6.83 USD | -0.34 |
| Safety Insurance Group Inc | $36.15 USD | +0.54 |
| United America Indemnity Ltd | $7.01 USD | +0.21 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | UFCS | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.8x |
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| Price/Book | 0.7x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 0.3x |
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UFCS |
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UFCS transactions
| Type Date |
Target |
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Bankruptcy
June 5, 2009 |
Young's, Inc. |
More Recent News About United Fire & Casualty Company
More news for UFCS
UNITED FIRE & CASUALTY CO Files SEC form 8-K, Change in Directors or Principal Officers
Show all filings for UNITED FIRE & CASUALTY CO | Request a Trial to NEW EDGAR Online Pro Form 8-K for UNITED FIRE & CASUALTY CO 18-Aug-2009Change in Directors or Principal Officers Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational ...Click here to read the whole Article (external link)
UNITED FIRE & CASUALTY CO Files SEC form 10-Q, Quarterly Report
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS FORWARD-LOOKING STATEMENTS This report may contain forward-looking statements about our operations, anticipated performance and other similar matters. The Private Securities Litigation Reform Act of 1995 provides a safe harbor under the Securities Act of 1933 and the Securities Exchange Act of 1934 (the "Exchange Act") for forward-looking statements. The forward-looking statements are not historical facts and involve risks and uncertainties that could cause actual results to differ materially from those expected and/or projected. Such forward-looking statements are based on current expectations, estimates, forecasts and projections about our company, the industry in which we operate, and beliefs and assumptions made by management. Words such as "expects," "anticipates," "intends," "plans," "believes," "continues," "seeks," "estimates," "predicts," "should," "could," "may," "will continue," "might," "hope," "can" and variations of such words and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed in such forward-looking statements. Information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained in Part II Item 1A "Risk Factors" of this document. Among other factors that could cause our actual outcomes and results to differ are: • The impact of the current unprecedented volatility in the financial markets, including the duration of the credit crisis and the effectiveness of...Click here to read the whole Article (external link)
UNITED FIRE & CASUALTY CO Files SEC form 8-K, Results of Operations and Financial Condition
Show all filings for UNITED FIRE & CASUALTY CO | Request a Trial to NEW EDGAR Online Pro Form 8-K for UNITED FIRE & CASUALTY CO 27-Jul-2009Results of Operations and Financial Condition Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informat...Click here to read the whole Article (external link)
UNITED FIRE & CASUALTY CO Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exh
Show all filings for UNITED FIRE & CASUALTY CO | Request a Trial to NEW EDGAR Online Pro Form 8-K for UNITED FIRE & CASUALTY CO 21-May-2009Change in Directors or Principal Officers, Financial Statements and Exh Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information ...Click here to read the whole Article (external link)
UNITED FIRE & CASUALTY CO Files SEC form 10-Q, Quarterly Report
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS FORWARD-LOOKING STATEMENTS This report may contain forward-looking statements about our operations, anticipated performance and other similar matters. The Private Securities Litigation Reform Act of 1995 provides a safe harbor under the Securities Act of 1933 and the Securities Exchange Act of 1934 for forward-looking statements. The forward-looking statements are not historical facts and involve risks and uncertainties that could cause actual results to differ materially from those expected and/or projected. Such forward-looking statements are based on current expectations, estimates, forecasts and projections about our company, the industry in which we operate, and beliefs and assumptions made by management. Words such as "expects," "anticipates," "intends," "plans," "believes," "continues," "seeks," "estimates," "predicts," "should," "could," "may," "will continue," "might," "hope," "can" and variations of such words and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed in such forward-looking statements. Information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained in Part II Item 1A "Risk Factors" of this document. Among other factors that could cause our actual outcomes and results to differ are: • The impact of the current unprecedented volatility in the financial markets, including the duration of the credit crisis and the effectiveness of governmental solutions. ...Click here to read the whole Article (external link)
UNITED FIRE & CASUALTY CO Financials
PERIOD ENDING30-Sep-0930-Jun-0931-Mar-0931-Dec-08Total Revenue150,701 134,046 138,263 149,779 Cost of Revenue - - - - Gross Profit - 134,046 138,263 149,779 Operating ExpensesResearch Development - - - - Selling General and Administrative161,783 104,570 99,238 134,357 Non Recurring(1,339)(8,128)8,128 - Others29,015 28,795 29,406 32,122 Total Operating Expenses - - - - Operating Income or Loss(38,758)8,809 1,491 (16,700)Income from Continuing OperationsTotal Other Income/Expenses Net - - - - Earnings Before Interest And Taxes(38,758)8,809 1,491 (16,700)Interest Expense(20,169)20,169 - 9,670 Income Before Tax(18,589)(11,360)1,491 (26,370)Income Tax Expense(8,433)(6,026)(1,779)(11,528)Minority Interest - - - - Net Income From Continuing Ops(10,156)(5,334)3,270 (14,842)Non-recurring EventsDiscontinued Operations - - - - Extraordinary Items - - - - Effect Of Accounting Changes - - &nb...Click here to read the whole Article (external link)
UNITED FIRE & CASUALTY CO Files SEC form 10-Q, Quarterly Report
ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS FORWARD-LOOKING STATEMENTS This report may contain forward-looking statements about our operations, anticipated performance and other similar matters. The Private Securities Litigation Reform Act of 1995 provides a safe harbor under the Securities Act of 1933 and the Securities Exchange Act of 1934 (the "Exchange Act") for forward-looking statements. The forward-looking statements are not historical facts and involve risks and uncertainties that could cause actual results to differ materially from those expected and/or projected. Such forward-looking statements are based on current expectations, estimates, forecasts and projections about our company, the industry in which we operate, and beliefs and assumptions made by management. Words such as "expects," "anticipates," "intends," "plans," "believes," "continues," "seeks," "estimates," "predicts," "should," "could," "may," "will continue," "might," "hope," "can" and variations of such words and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed in such forward-looking statements. Information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained in Part II Item 1A "Risk Factors" of this document. Among other factors that could cause our actual outcomes and results to differ are: • The adequacy of our loss reserves established for Hurricane Katrina, which are based on management estimates. • The resolution of regulato...Click here to read the whole Article (external link)
UNITED FIRE & CASUALTY CO Files SEC form 8-K, Change in Directors or Principal Officers
Show all filings for UNITED FIRE & CASUALTY CO | Request a Trial to NEW EDGAR Online Pro Form 8-K for UNITED FIRE & CASUALTY CO 8-Oct-2009Change in Directors or Principal Officers Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational p...Click here to read the whole Article (external link)
UNITED FIRE & CASUALTY CO Files SEC form 8-K, Change in Directors or Principal Officers
Show all filings for UNITED FIRE & CASUALTY CO | Request a Trial to NEW EDGAR Online Pro Form 8-K for UNITED FIRE & CASUALTY CO 7-Oct-2009Change in Directors or Principal Officers Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational...Click here to read the whole Article (external link)
UNITED FIRE & CASUALTY CO Files SEC form 8-K, Other Events
Show all filings for UNITED FIRE & CASUALTY CO | Request a Trial to NEW EDGAR Online Pro Form 8-K for UNITED FIRE & CASUALTY CO 25-Aug-2009Other Events Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended...Click here to read the whole Article (external link)
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