CEDAR RAPIDS, Iowa (AP) — CEDAR RAPIDS, Iowa (AP) — United Fire Group Inc. (UFCS) on Wednesday reported profit of $20.1 million in its fourth quarter.
On a per-share basis, the Cedar Rapids, Iowa-based company said it had net income of 79 cents. Earnings, adjusted for investment gains, were 18 cents per share.
The property and casualty insurance company posted revenue of $280.2 million in the period. Its adjusted revenue was $260.4 million.
For the year, the company reported profit of $15 million, or 59 cents per share. Revenue was reported as $996.2 million.
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