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United Fire Group Inc
UFCS
summarize
9 total product lines
calendar_month
Net insurance premiums as of 12/31/2023
| Reporting Segmentarrow_drop_up | Product Line | Amount (USD) | Percentage |
|---|---|---|---|
| keyboard_arrow_right | Reporting Segment & Product Line | Amount (USD) | Percentage |
| Net Premiums Earned |
Professional Liability Insurance; sold through broker
These companies offer professional liability insurance, covering errors and omissions and directors' and officers' insurances, and sell them through insurance brokers.
|
320.76M | 31.00% |
| Net Premiums Earned |
Commercial Property Insurance; sold through broker
These companies provide property insurance for businesses and sell them through insurance brokers.
|
244.67M | 23.65% |
| Net Premiums Earned |
Commercial Auto Insurance; sold through broker
These companies provide insurance for commercial vehicles (such as trucks and buses) and sell them through insurance brokers.
|
208.87M | 20.19% |
| Net Premiums Earned |
Reinsurance; sold through broker
These companies provide reinsurance for diversified insurance products and sell them through insurance brokers. Typically, they offer insurance for property and casualty insurance packages.
|
159.86M | 15.45% |
| Net Premiums Earned |
Workers' Compensation Insurance; sold through broker
These companies provide workers' compensation insurance for diversified businesses and sell them through insurance brokers.
|
53.04M | 5.13% |
| Net Premiums Earned |
Surety Bonds
These companies provide surety bonds, which act as insurance or a promise by a surety or guarantor to pay one party (the obligee) a certain amount if a second party (the principal) fails to meet some obligation, such as fulfilling the terms of a contract.
|
39.92M | 3.86% |
| Net Premiums Earned |
Home Insurance; sold through broker
These companies provide homeowners insurance for consumers and sell them through insurance brokers.
|
4.73M | 0.46% |
| Net Premiums Earned |
Diversified Commercial Insurance; sold through broker
These companies provide diversified insurance for businesses and sell them through insurance brokers. Insurance may cover commercial property, commercial machinery, workers' compensation, commercial liability, contingency, property, casualty, medical stop-loss, commercial credit, commercial auto, and reinsurance. In select cases, this also includes professional liability/errors & omissions.
|
2.7M | 0.26% |
| Net Premiums Earned |
Diversified Consumer Insurance; sold through broker
These companies provide diversified insurance products, such as property and casualty insurance, to consumers, and sell them through insurance brokers.
|
0.02M | 0.00% |
| keyboard_arrow_down |
Net Premiums Earned
Professional Liability Insurance; sold through broker
|
320.76M | 31.00% |
| keyboard_arrow_right |
These companies offer professional liability insurance, covering errors and omissions and directors' and officers' insurances, and sell them through insurance brokers.
|
||
| keyboard_arrow_down |
Net Premiums Earned
Commercial Property Insurance; sold through broker
|
244.67M | 23.65% |
| keyboard_arrow_right |
These companies provide property insurance for businesses and sell them through insurance brokers.
|
||
| keyboard_arrow_down |
Net Premiums Earned
Commercial Auto Insurance; sold through broker
|
208.87M | 20.19% |
| keyboard_arrow_right |
These companies provide insurance for commercial vehicles (such as trucks and buses) and sell them through insurance brokers.
|
||
| keyboard_arrow_down |
Net Premiums Earned
Reinsurance; sold through broker
|
159.86M | 15.45% |
| keyboard_arrow_right |
These companies provide reinsurance for diversified insurance products and sell them through insurance brokers. Typically, they offer insurance for property and casualty insurance packages.
|
||
| keyboard_arrow_down |
Net Premiums Earned
Workers' Compensation Insurance; sold through broker
|
53.04M | 5.13% |
| keyboard_arrow_right |
These companies provide workers' compensation insurance for diversified businesses and sell them through insurance brokers.
|
||
| keyboard_arrow_down |
Net Premiums Earned
Surety Bonds
|
39.92M | 3.86% |
| keyboard_arrow_right |
These companies provide surety bonds, which act as insurance or a promise by a surety or guarantor to pay one party (the obligee) a certain amount if a second party (the principal) fails to meet some obligation, such as fulfilling the terms of a contract.
|
||
| keyboard_arrow_down |
Net Premiums Earned
Home Insurance; sold through broker
|
4.73M | 0.46% |
| keyboard_arrow_right |
These companies provide homeowners insurance for consumers and sell them through insurance brokers.
|
||
| keyboard_arrow_down |
Net Premiums Earned
Diversified Commercial Insurance; sold through broker
|
2.7M | 0.26% |
| keyboard_arrow_right |
These companies provide diversified insurance for businesses and sell them through insurance brokers. Insurance may cover commercial property, commercial machinery, workers' compensation, commercial liability, contingency, property, casualty, medical stop-loss, commercial credit, commercial auto, and reinsurance. In select cases, this also includes professional liability/errors & omissions.
|
||
| keyboard_arrow_down |
Net Premiums Earned
Diversified Consumer Insurance; sold through broker
|
0.02M | 0.00% |
| keyboard_arrow_right |
These companies provide diversified insurance products, such as property and casualty insurance, to consumers, and sell them through insurance brokers.
|
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