UNITED FIRE GROUP INC : Change in Directors or Principal Officers (form 8-K)
October 04, 2021 at 06:57 pm IST
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Resignation of Dawn M. Jaffray as Executive Vice President and Chief Financial
Officer
On September 29, 2021, Dawn M. Jaffray, Executive Vice President and Chief
Financial Officer of United Fire Group, Inc. (the "Registrant"), notified the
Registrant of her decision to resign effective October 10, 2021. There were no
disagreements between the Registrant and Ms. Jaffray on any matter relating to
the Company's operations, policies or practices which led to this decision. The
press release announcing the resignation of Ms. Jaffray is filed as Exhibit 99.1
to this Form 8-K.The release is furnished as Exhibit 99.1 hereto.
Appointment of Kevin W. Helbing and Randy L. Patten as Interim Co-Chief
Financial Officers
On October 1, 2021, the Registrant appointed Kevin W. Helbing and Randy L.
Patten as Interim Co-Chief Financial Officers. In this role, each will share
oversight of the Registrant's financial activities. Mr. Helbing, age 56, joined
UFG in 2008 as a Controller and was named Assistant Vice President in 2014. Mr.
Patten, age 47, joined UFG in 2012 and was appointed to his current position as
Assistant Vice President and Controller after previously serving as Assistant
Vice President of Finance and Investor Relations (2016-2019), and Director of
SEC and Financial Reporting (2013-2016). Mr. Patten will serve as Principal
Financial Officer. The Registrant has not yet determined the terms of
compensation for the Interim Co-Chief Financial Officer role. The press release
announcing the appointment of Mr. Helbing and Mr. Patten as Interim Co-Chief
Financial Officers is filed as Exhibit 99.1 to this Form 8-K.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit 99.1 Press release of United Fire Group, Inc. dated October 4 , 2021.
Exhibit 104 Cover Page Interactive Data File (embedded within the Inline XBRL
document.)
United Fire Group, Inc. is engaged in the business of writing property and casualty insurance through a network of independent agencies. The Companyâs insurance company subsidiaries are licensed as property and casualty insurers in 50 states, plus the District of Columbia. Its business is comprised primarily of commercial lines property and casualty insurance, including surety bonds. Its core commercial products support a variety of customers, including small business owners and middle market businesses operating in industries, such as construction, services, retail trade, financial and manufacturing, along with contract surety and commercial surety bonds offered through approximately 1,000 independent property and casualty agencies. It also provides specialty and surplus lines coverage through wholesale brokers on an admitted and non-admitted basis. Additionally, it offers reinsurance coverage for property and casualty insurance through traditional treaty reinsurance channels.