United Fire traded at $44.07 this Wednesday May 6th, increasing $4.22 or 10.59 percent since the previous trading session. Looking back, over the last four weeks, United Fire gained 15.34 percent. Over the last 12 months, its price rose by 61.49 percent. Looking ahead, we forecast United Fire to be priced at 39.06 by the end of this quarter and at 36.67 in one year, according to Trading Economics global macro models projections and analysts expectations.
United Fire Group, Inc. is engaged in the business of writing property and casualty insurance through a network of independent agencies. The Company operates in the property and casualty insurance segment. Its property and casualty insurance business are comprised of commercial lines insurance, including surety bonds, personal lines insurance and assumed reinsurance. Its commercial lines insurance includes other liability, construction defect losses, commercial fire and allied lines, commercial automobile, workers' compensation, and fidelity and surety. Its personal lines consist primarily of fire and allied lines, including homeowners, and automobile lines. Its other liability is business insurance covering bodily injury and property damage arising from general business operations, accidents on the insured's premises and products manufactured or sold. Its construction defect claims generally relate to allegedly defective work performed in the construction of structures.