Thursday, May 22, 2025

United Fire Group, Inc. reports on annual meeting of shareholders

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Director elections to the board of directors announced

Director elections to the board of directors

CEDAR RAPIDS, Iowa, May 21, 2025 (GLOBE NEWSWIRE) — United Fire Group, Inc. (UFG) (Nasdaq: UFCS) announced today that its shareholders elected three Class B directors to its 11-member board of directors at the 2025 annual meeting of shareholders held on May 21, 2025.

The following individuals were each elected as Class B directors to serve three-year terms expiring in 2028:

  • John-Paul Besong, retired chief information officer executive.
  • Matthew R. Foran, co-founder and president of Stoic Lane, Inc.
  • James W. Noyce, retired insurance and financial services executive.

In other official business, shareholders:

  • Ratified the appointment of Ernst & Young LLP as the company’s independent registered public accounting firm for 2025.
  • Approved, on an advisory basis, the compensation of the company’s named executive officers.

About UFG

Founded in 1946 as United Fire & Casualty Company, UFG, through its insurance company subsidiaries, is engaged in the business of writing property and casualty insurance. The company is licensed as a property and casualty insurer in 50 states and the District of Columbia, and is represented by approximately 1,000 independent agencies. AM Best assigns a rating of “A-” (Excellent) for members of the United Fire & Casualty Group. For more information about UFG, visit www.ufginsurance.com.

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