United Fire & Casualty (NASDAQ:UFCS)

CAPS Rating: 5 out of 5

The Company is engaged in the business of writing property and casualty insurance and life insurance.

Recs

2
Player Avatar sommer316 (99.20) Submitted: 10/29/2006 6:26:14 PM : Outperform Start Price: $24.71 UFCS Score: -23.07

3rd quarer released on 10/23/06
*Earnings were released premarket, the stock closed up $1.09 or 3.29%.
* Non-Cat loss ratio increased 10.2%
* Net premium increased from increased retention and new premium writings.
* Expense ratio also went down, primarily because of 2005 Katrina expenses.
* A new homeowners policy was introduced which targets homes from .4-2.0 mill. It was introduced in IA, IL, IN, MN, WI
* New book value of $23.94. This has increased from a low of $21.20 at the end of 2005.

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Member Avatar sommer316 (99.20) Submitted: 3/6/2007 8:19:53 PM
Recs: 0

2/12/07 4th quarter resulsts released premarket

4th quarter
* Net income of 29.3 million or 1.06 per share vs a loss of 58.4 million or 2.48 per share in q4'06
* Revenue of 166.4 million up 3.5%
* Combined Ratio of 80.8%
*Premiums earned up 3% to 133 million

Full Year results
* Net income of 88.1 million or $3.37 per share
* Combined Ratio of 87.9%
* Book value of $24.62

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