We’re committed to transparent and accurate financial reporting. To be honored four consecutive years for our financial credibility is very rewarding, and it serves as a reflection of our core values.
(PRWEB) May 04, 2017
For the fourth consecutive year, United Fire Group, Inc. (“UFG”) (Nasdaq: UFCS) has been named to Forbes’ ® “America’s 50 Most Trustworthy Financial Companies.” UFG, a publicly-traded insurance company, offers business insurance, individual insurance, life insurance, annuities and surety bonds.
The list is developed for Forbes by MSCI ESG Research. The research firm conducts an independent survey and assessment that measures the accounting and governance behaviors of publicly-traded North American companies with market caps of $250 million or greater, for the four quarters ended September 30, 2016. The financial companies are assessed on the following factors: high-risk events, revenue and expense recognition methods, SEC actions and bankruptcy risk.
“We’re committed to transparent and accurate financial reporting,” said Randy Ramlo, president and chief executive officer. “To be honored four consecutive years for our financial credibility is very rewarding, and it serves as a reflection of our core values.”
This year, Forbes highlighted 10 companies that have the honor of making the list for several consecutive years – displaying consistent trustworthiness. UFG is represented within the distinctive list.
For more information about UFG, visit http://www.ufginsurance.com.
About United Fire Group, Inc. (UFG)
Founded in 1946 as United Fire & Casualty Company, UFG is engaged in the business of writing property and casualty insurance and life insurance, and selling annuities through its insurance company subsidiaries. Headquartered in Cedar Rapids, Iowa, UFG is licensed as a property and casualty insurer in 46 states, plus the District of Columbia, and is represented by approximately 1,200 independent agencies. A.M. Best Company assigns a rating of "A" (Excellent) for the members of United Fire & Casualty Group. Our subsidiary, United Life Insurance Company, is licensed in 37 states and represented by approximately 1,400 independent life agencies and rated “A-“ (Excellent) by A.M. Best Company. In addition to its Cedar Rapids office, UFG also operates regional offices in Colorado, Texas, New Jersey and California. For more information, visit http://www.ufginsurance.com.