Released on: May 4, 2017, 00:00 AM

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 www.ufginsurance.com.
Contact: Colleen Scholer, Corporate Communications Manager, 319-399-5622 or cscholer@unitedfiregroup.com.