United Fire (UFCS) Sees Q1 Pretax Catastrophe Losses of $13M-$16M
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Price: $53.02 -0.47%
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Weighted average common shares outstanding: 25.39M
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Financial Fact:
Weighted average common shares outstanding: 25.39M
Today's EPS Names:
BTTX, VAXX, ELYS, More
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United Fire Group, Inc. (Nasdaq: UFCS) today announced that it expects its first-quarter results through March to include pre-tax catastrophe losses, net of reinsurance, of approximately $13 million to $16 million. These losses are the result of several powerful storms that spawned multiple tornadoes and tore through Midwestern and Southeastern states in the last week of February, including Kansas, Missouri, Illinois, Indiana, Ohio, Kentucky, Tennessee and Alabama.
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