CEDAR RAPIDS, Iowa (AP) — CEDAR RAPIDS, Iowa (AP) — United Fire Group Inc. (UFCS) on Tuesday reported net income of $31.4 million in its fourth quarter.
The Cedar Rapids, Iowa-based company said it had net income of $1.21 per share. Earnings, adjusted for investment costs, were $1.25 per share.
The property and casualty insurance company posted revenue of $333.2 million in the period.
For the year, the company reported profit of $62 million, or $2.39 per share. Revenue was reported as $1.25 billion.
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