United Fire Group UFCS Increase Decrease in Deferred Policy Acquisition Cost and Value of Business Acquired
Increase Decrease in Deferred Policy Acquisition Cost and Value of Business Acquired at other companies
Other financials
Where this comes from
Reported directly by United Fire Group in its filing.
Tagged under the XBRL concept ufcs:IncreaseDecreaseInDeferredPolicyAcquisitionCostAndValueOfBusinessAcquired.
The official record: United Fire Group’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is United Fire Group's increase decrease in deferred policy acquisition cost and value of business acquired?
- United Fire Group (UFCS) reported increase decrease in deferred policy acquisition cost and value of business acquired of $4.54M in Q1 2026.
- How has United Fire Group's increase decrease in deferred policy acquisition cost and value of business acquired changed year-over-year?
- United Fire Group's increase decrease in deferred policy acquisition cost and value of business acquired decreased by 1.8% year-over-year, from $4.63M to $4.54M.
- What does increase decrease in deferred policy acquisition cost and value of business acquired mean?
- This represents the change in costs directly associated with acquiring new insurance policies, such as commissions and premium taxes, which are capitalized and amortized over the life of the policy. Changes in this balance reflect the company's growth in new business and the timing of acquisition expense recognition. It is a critical metric for understanding the underlying profitability of the underwriting process.