Johnson County Board of Supervisors draft new letter to Havenpark Communities, urging rent moratorium on manufactured home parks
Annie Smith Barkalow
United Fire Group announces net loss for second quarter of 2022
Cedar Rapids insurer says loss driven in part by decrease in fair value of investments
UFG Insurance's offices in downtown Cedar Rapids. CREDIT RICHARD PRATT
United Fire Group (UFG) on Aug. 4 reported a UFG net loss for the second quarter of 2022, driven in part by a net quarterly loss in investments.
UFG, the Cedar Rapids-based insurance company, reported a consolidated net loss of $10.5 million, or $0.42 per diluted share, for the second quarter ending June 30. In the same quarter of 2021, United Fire had reported net income of $13.8 million, or…
Want to Read More?
Get immediate, unlimited access to all subscriber content and much more.
Learn more in our subscriber FAQ.
Unparalleled business coverage of the Iowa City / Cedar Rapids corridor.Immediate access to subscriber-only content on our website.26 issues per year delivered digitally, in print or both.Support locally owned and operated journalism.
Do you want to read and share this article without a paywall?
Read More Stories by Richard Pratt.
YOU MIGHT ALSO LIKE
Proposed Governor Street multifamily complex gets green light
Annie Smith Barkalow