United Fire Group, Inc.
UFCS.US | Non-life insurance
United Fire Group, Inc. is a property and casualty insurance company operating in the United States. The company underwrites a variety of insurance products, including commercial property, casualty, and personal lines coverages. Its commercial lines include property, auto, general liability, and wor...Show More
Better Health for All
-20
The company's core business of property and casualty insurance has no significant direct positive or negative health impact. Its products do not carry health risks, nor are they health-related products requiring accessibility or innovation for health outcomes. The company's operations do not generate significant health externalities or require specific health crisis responses, addiction mitigation, or clinical trial ethics. The company retains confidential customer and proprietary business information on its computer systems.
1
The UFG Foundation allocated 8% of its over $17 million in grants in 2024 to health services, which is less than 1% of the company's total assets of $3.5 billion, indicating limited equity programs.
2
For its employees, the company offers a U Fit Wellness Center at some offices, fitness classes, weekly wellness webinars, and a wellness reward system, along with a health advocate program and a well-being and weight management program.
3
Loss control representatives visit policyholder businesses to make safety and loss prevention recommendations.
4
The company has established a mental wellness employee resource group, held senior leadership training on mental wellness and suicide prevention, and offers a monthly resiliency course.
5
Weekly wellness webinars educate employees on nutrition best practices and mental and emotional well-being.
6
Fair Money & Economic Opportunity
0
United Fire Group, Inc. is a property and casualty insurance company. As such, it does not offer consumer credit products or lending services. Therefore, for KPIs related to lending practices, such as fair lending compliance, debt burden ratio, and geographic inclusion for financial service access points, the company is not applicable. No specific data is provided in the articles regarding customer demographics, pricing fairness of insurance products, revenue from high-cost financial products, inclusion initiatives within its insurance book, customer data accessibility, wealth-building outcomes for customers, profit reinvestment in community finance, or financial literacy initiatives for its customers.
1
The information provided focuses on internal employee diversity, equity, and inclusion efforts and the UFG Foundation's general philanthropic grants to nonprofits, which are not directly tied to the specific metrics of this value.
2
Fair Pay & Worker Respect
10
United Fire Group, Inc. reported a CEO-to-median-employee pay ratio of 36:1 in 2024, based on CEO compensation of $3,602,216 and median employee pay of $100,838.
1
In 2023, the company reported a 28:1 ratio with a median worker pay of $99,544.
2
No information on regulatory actions, violations, fines, or compliance issues related to labor laws or human rights was found across the provided articles.
Fair Trade & Ethical Sourcing
0
No evidence available to assess United Fire Group, Inc on Fair Trade & Ethical Sourcing.
Honest & Fair Business
0
The company has a comprehensive whistleblower policy that prohibits retaliation against anyone who reports violations in good faith or participates in an investigation.
1
It provides a 24/7 ethics hotline accessible via web and toll-free telephone, with translation services available, and offers contact information for the Audit Committee for confidential concerns.
2
The company has had zero financial restatements in the past five years.
Kind to Animals
0
United Fire Group, Inc. is a property and casualty insurance company, a service-oriented business.
1
The provided articles do not contain any specific, concrete data points or quantitative metrics related to animal welfare, cruelty-free certifications, animal testing, animal-derived ingredients, humane certifications for animal operations, cage-free sourcing, or animal agriculture ethics. Therefore, no KPIs can be scored based on the available evidence.
No War, No Weapons
0
No specific, concrete evidence was found in the provided articles regarding UFCS.US's association with arms manufacturing, military contracts, conflict facilitation, or any related peace initiatives. The articles either explicitly state a lack of relevant data for the company on these topics or discuss general industry trends for defense companies without mentioning UFCS.US.
1
Planet-Friendly Business
-60
UFG Insurance does not purchase electricity from renewable resources.
1
The company's 2022 TCFD Report is an inaugural disclosure, indicating that TCFD alignment is planned but not yet fully implemented.
2
Respect for Cultures & Communities
0
No evidence available to assess United Fire Group, Inc on Respect for Cultures & Communities.
Safe & Smart Tech
0
No evidence available to assess United Fire Group, Inc on Safe & Smart Tech.
Zero Waste & Sustainable Products
-40
United Fire Group (UFG) launched a net-zero waste program at its Cedar Rapids campus in July 2022, which continued into 2024.
1
This program includes initiatives such as diverting over 61 tons of landfill-bound trash through recycling and composting,
2
utilizing UFGreen stations for employee waste separation,
3
and equipping employees with recycling and waste-to-energy receptacles.
4
The company also promotes electronic delivery of proxy materials
5
and electronic billing to reduce paper waste.
6
UFG has a target to divert 100% of the 20 tons of landfill-bound trash generated annually from its Cedar Rapids campus by July 2024.
7
UFG developed a third-party code of conduct that allows it to request metrics on suppliers' environmental efforts,
8
and it plans to develop a digital library of vendors to track its Scope 3 footprint.
9