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.
Topics Profit Loss Windstorm
Was this article valuable?
Here are more articles you may enjoy.
Connecticut High Court: Injured Rental Car Occupants Covered for Uninsured Motorist 
Trump Approves Disaster Requests for at Least 7 States; Others Wait 
Hedge Fund Money Is Reshaping a 180-Year-Old Insurance Model 
Toilet Paper Warehouse Fire Investigators Review Viral Video 
