United Fire Group Appoints Michael W. Phillips to Its Board of Directors and Names Ed Sullivan Vice President - United Fire Gr (NASDAQ:UFCS)

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United Fire Group, Inc. (Nasdaq: UFCS) today announced that its Board of Directors appointed Michael W. Phillips to the board at its regularly scheduled meeting on February 24, 2012.Phillips is the founder and president of Investors' Actuarial Services, LLC, a consulting firm that provides actuarial services to institutional investors and is based in Timonium, Maryland. As an adjunct professor at the Notre Dame of Maryland University in Baltimore, Maryland, he teaches graduate-level finance classes. Phillips has significant insurance industry experience, including serving from 2005 to 2010 as vice president and sell-side equity analyst covering small- and mid-cap insurers in the Baltimore office of Stifel, Nicolaus & Co. Inc. (a full-service regional brokerage and investment banking firm headquartered in St. Louis, Missouri).

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