United Fire Group Inc (UFCS) Files Form 4 Insider Selling : Neal R Scharmer Sells 2,020 Shares

United Fire Group Inc (UFCS): Neal R Scharmer , VP/General Counsel/Corp Sec of United Fire Group Inc sold 2,020 shares on Sep 20, 2016. The Insider selling transaction was reported by the company on Sep 22, 2016 to the Securities and Exchange Commission. The shares were sold at $42.50 per share for a total value of $85,850.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 9, 2016, David E Conner (VP/Chief Claims Officer) sold 199 shares at $44.00 per share price.On Jun 17, 2016, Dee Ann Mcintyre (10% owner) purchased 5,000 shares at $42.04 per share price.Also, On Jun 16, 2016, Christopher R Drahozal (director) sold 5,000 shares at $42.04 per share price.On May 12, 2016, Kyle D. Skogman (director) sold 1,333 shares at $40.69 per share price.

United Fire Group: On Tuesday, Sep 21, 2016 heightened volatility was witnessed in United Fire Group which led to swings in the share price. The shares opened for trading at $41.93 and hit $42.5 on the upside , eventually ending the session at $42.08, with a gain of 0.26% or 0.11 points. The heightened volatility saw the trading volume jump to 43,414 shares. The 52-week high of the share price is $45.75 and the company has a market cap of $1,069 M . The 52-week low of the share price is at $33.28.

United Fire Group Money Flow Index Chart

United Fire Group Inc. (United Fire) provides insurance protection for individuals and businesses through several regional companies. The Company operates through two segments: property and casualty insurance and life insurance. The Company’s property and casualty insurance segment consists of commercial lines insurance including surety bonds personal lines insurance and assumed reinsurance. The Company’s life insurance segment consists of deferred and immediate fixed annuities universal life insurance products and traditional life insurance products. The Company’s property and casualty insurance company subsidiaries are licensed in 43 states plus the District of Columbia and are represented by approximately 1200 independent agencies. Its life insurance subsidiary is licensed in 37 states and is represented by approximately 1000 independent agencies.

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