united fire group inc (UFCS) Snapshot

On December 22, 2011, United Fire & Casualty Company entered into a certain Credit Agreement with a syndicate of lenders led by KeyBank National Association as administrative agent, lead arranger, sole book runner, swingline lender and letter of credit issuer. The four-year Credit Agreement provides for a $100.0 million unsecured revolving credit facility that includes a $20.0 million letter of credit subfacility and a swingline subfacility in the amount of up to $5.0 million. On June 4, 2013, United Fire & Casualty Company, United Fire Group Inc. and the syndicated lenders entered into an Assignment, Joinder, Assumption, and Release Agreement transferring the obligations under the Credit Agreement from United Fire & Casualty Company to United Fire Group Inc. Effective with the execution of the Joinder Agreement, United Fire & Casualty Company was released from any further obligations under the Credit Agreement. Upon entry into the Joinder Agreement on June 4, 2013, United Fire & Casualty Company's obligations under the Credit Agreement originally entered into on December 22, 2011, were assumed by United Fire Group Inc. and United Fire & Casualty Company was released from further obligation.

United Fire Group, Inc, Board Meeting, May 15, 2013.

United Fire Group Inc. declared a common stock quarterly cash dividend of $0.18 per share. This is a 20% increase from the prior quarterly dividend of $0.15 per share. This dividend will be payable June 14, 2013, for shareholders of record as of May 31, 2013.