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Schedule II. Condensed Financial Statements of Parent Company
 12 Months Ended
Dec. 31, 2025
Condensed Financial Information Disclosure [Abstract]  
Schedule II. Condensed Financial Statements of Parent Company
Schedule II. Condensed Financial Statements of Parent Company

United Fire Group, Inc. (parent company only)
Condensed Balance Sheets
December 31,
(In thousands, except share data)20252024
Assets
Investment in consolidated subsidiaries$1,030,539 $844,638 
Cash and cash equivalents5,066 3,822 
Federal income tax receivable1,592 — 
Other assets1,173 135 
Total assets$1,038,370 $848,595 
Liabilities and stockholders' equity
Long term debt$96,200 $67,059 
Accrued interest payable750 525 
Other liabilities250 (520)
Total Liabilities$97,200 $67,064 
Stockholders' equity
Common stock, $0.001 par value, authorized 75,000,000 shares 25,522,051 and 25,378,291 issued and outstanding in 2025 and 2024, respectively
$25 $25 
Additional paid-in capital223,887 215,851 
Retained earnings722,321 620,436 
Accumulated other comprehensive income (loss), net of tax(5,063)(54,781)
Total stockholders' equity$941,170 $781,531 
Total liabilities and stockholders' equity$1,038,370 $848,595 

This condensed financial information should be read in conjunction with the Consolidated Financial Statements and Notes included in Part II, Item 8 of this Annual Report on Form 10-K.
Schedule II. Condensed Financial Statements of Parent Company (continued)

United Fire Group, Inc. (parent company only)
Condensed Statements of Income and Comprehensive Income

For the Years Ended December 31,
(In thousands)202520242023
Revenues
Investment income$250 $223 $99 
Total revenues250 223 99 
Expenses
Interest expense7,829 3,844 — 
Total expenses7,829 3,844 — 
Income before income taxes and equity in net income of subsidiary(7,579)(3,621)99 
Income tax expense (benefit)(1,591)(760)21 
Net income before equity in net income (loss) of subsidiary$(5,988)$(2,861)$78 
Equity in net income (loss) of subsidiary124,179 64,818 (29,778)
Net income (loss)$118,191 $61,957 $(29,700)
Other comprehensive income (loss)
Change in unrealized gain (loss) on investments held by subsidiary$55,644 $(13,466)$26,373 
Change in liability for underfunded employee benefit plans of subsidiary1,138 2,089 18,953 
Other comprehensive income (loss), before tax and reclassification adjustments$56,782 $(11,377)$45,326 
Income tax effect(12,420)2,388 (9,518)
Other comprehensive income (loss), after tax, before reclassification adjustments$44,362 $(8,989)$35,808 
Reclassification adjustment for net realized gains of the subsidiary included in income3,822 6,791 718 
Reclassification adjustment for employee benefit costs of the subsidiary included in expense— — 207 
Total reclassification adjustments, before tax$3,822 $6,791 $925 
Income tax effect(803)(1,426)(194)
Total reclassification adjustments, after tax$3,019 $5,365 $731 
Comprehensive income (loss)$165,572 $58,333 $6,839 

United Fire Group, Inc. and its subsidiaries file a consolidated federal income tax return. The federal income tax provision represents an allocation under its tax allocation agreements.

This condensed financial information should be read in conjunction with the Consolidated Financial Statements and Notes included in Part II, Item 8 of this Annual Report on Form 10-K.
Schedule II. Condensed Financial Statements of Parent Company (continued)

United Fire Group, Inc. (parent company only)
Condensed Statements of Cash Flows
For the Years Ended December 31,
(In thousands)202520242023
Cash flows from operating activities
Net income (loss)$118,191 $61,957 $(29,700)
Adjustments to reconcile net income to net cash provided by operating activities
Equity in net income of subsidiary(124,179)(64,818)29,778 
Dividends received from subsidiary21,700 22,800 13,200 
Other, net3,929 2,245 1,691 
Net cash provided by (used in) operating activities$19,641 $22,184 $14,969 
Cash flows from investing activities
Capital contributions to subsidiaries(30,000)(70,000)— 
Net cash provided by (used in) investing activities$(30,000)$(70,000)$— 
Cash flows from financing activities
Payment of cash dividends$(16,306)$(16,213)$(16,164)
Issuance of common stock(993)348 (290)
Debt note issuance30,000 70,000 — 
Debt note issuance costs(1,098)(3,050)— 
Net cash provided by (used in) financing activities$11,603 $51,085 $(16,454)
Net change in cash and cash equivalents$1,244 $3,269 $(1,485)
Cash and cash equivalents at beginning of period3,822 553 2,038 
Cash and cash equivalents at end of year$5,066 $3,822 $553 

This condensed financial information should be read in conjunction with the Consolidated Financial Statements and Notes included in Part II, Item 8 of this Annual Report on Form 10-K.