United Fire Says Losses from Storms May Be in $13M to $16M Range

Thursday, March 22nd, 2012 Auto Catastrophe Property Workers' Compensation

United Fire Group Inc., headquartered in Cedar Rapids, Iowa, announced that it expects its first-quarter results through March to include pre-tax catastrophe losses, net of reinsurance, of approximately $13 million to $16 million. These losses are the result of several powerful storms that spawned multiple tornadoes and tore through Midwestern and Southeastern states in the last week of February, including Kansas, Missouri, Illinois, Indiana, Ohio, Kentucky, Tennessee and Alabama.


External References & Further Reading
http://www.insurancejournal.com/news/midwest/2012/03/22/240363.htm
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