8-K/A

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K/A

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 16, 2012

United Fire Group, Inc.

(Exact name of registrant as specified in its charter)

Iowa	001-34257	45-2302834
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

118 Second Avenue, S.E., Cedar Rapids, Iowa	52407
(Address of principal executive offices)	(Zip Code)

Registrant's telephone number, including area code: (319) 399-5700

_________________________________________________________________

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

EXPLANATORY NOTE

This current report on Form 8-K/A (this "Amendment") amends a current report filed by United Fire Group, Inc. on Form 8-K on November 19, 2012 (the "Original Filing"). This amendment is filed to add Item 5.05. Amendments to the Registrant's Code of Ethics, or Waiver of a Provision of the Code of Ethics.

Except for the foregoing, this Amendment does not modify or update any other disclosure contained in the Original Filing.

Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers

On November 16, 2012, the Board of Directors of United Fire Group, Inc. approved the Deferred Compensation Plan for United Fire Group, Inc. Non-Employee Directors ("Director Deferral Plan"). The Director Deferral Plan allows non-employee directors of United Fire Group, Inc. to defer a portion of the fees earned for their service as director subject to terms and conditions of the plan.

The foregoing does not purport to be a complete summary of the Director Deferral Plan and is qualified in its entirety by reference to the text of the Director Deferral Plan, which is attached as Exhibit 10.1 and incorporated herein by reference.

Item 5.05. Amendments to the Registrant’s Code of Ethics, or Waiver of a Provision of the Code of Ethics.

On November 16, 2012, the Board of Directors of United Fire Group, Inc. approved amendments to our Code of Ethics and Business Conduct (the "Code"). The amendments to the Code were minor, technical amendments to change the name of the parent company of United Fire Group from United Fire & Casualty Company to United Fire Group, Inc. and correct a misspelling of the company's web address. No changes were made to any substantive provisions of the Code. A copy of the Code is attached as Exhibit 14.1 and incorporated herein by reference.

Item 8.01. Other Events.

On November 19, 2012, we issued a press release announcing the declaration of a regular quarterly dividend on our common stock. The release is furnished as Exhibit 99.1 hereto. The information in this Current Report is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that Section. The information in this Current Report shall not be incorporated by reference into any registration statement or other document filed with the Commission.

Item 9.01. Financial Statements and Exhibits.

(a) None.

(b) None.

(c) None.

(d) Exhibits.

The following exhibits are furnished herewith.

Exhibit 10.1	Deferred Compensation Plan for United Fire Group, Inc. Non-Employee Directors
Exhibit 14.1	Code of Ethics and Business Conduct of United Fire Group, Inc. (as amended through November 16, 2012)
Exhibit 99.1	Press Release, dated November 19, 2012, announcing regular quarterly dividend on common stock

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		United Fire Group, Inc.
		(Registrant)
Dated:	January 31, 2013	/s/ Randy A. Ramlo
		Randy A. Ramlo, Chief Executive Officer

EXHIBIT INDEX

Exhibit Number	Description of Exhibit
10.1	Deferred Compensation Plan for United Fire Group, Inc. Non-Employee Directors
14.1	Code of Ethics and Business Conduct of United Fire Group, Inc. (as amended through November 16, 2012)
99.1	Press Release, dated November 19, 2012, announcing regular quarterly dividend on common stock

EX-10.1

Exhibit 10.1

United Fire Group, Inc.

Deferred Compensation Plan

for United Fire Group, Inc. Non-Employee Directors

(Effective December 1, 2012)

This United Fire Group, Inc. Deferred Compensation Plan (the “Plan”) is adopted by United Fire Group, Inc. effective as of December 1, 2012. The Plan's purpose is threefold: (i) to provide non-employee Directors with increased flexibility in timing the receipt of board service fees, (ii) to assist in attracting and retaining qualified individuals to serve as Directors and (iii) to provide a means for non-employee Directors to align their economic interests more closely with the interests of all Company stockholders by providing the non-employee directors an additional incentive to contribute to United Fire Group's success.

Article I

Definitions

1.1Definitions. Whenever used in this document, the following terms shall have the meaning set forth below:

(a)“Administrator” means a committee consisting of one or more executives of the Company designated by the Chief Executive Officer of the Company.

(b)“Board” means the Board of Directors of the Company.

(c)“Closing Price” means the closing price of the Company's Common Stock as reported in The Wall Street Journal.

(d)“Code” means the Internal Revenue Code of 1986, as amended from time to time, and the regulations promulgated under the Code from time to time.

(e)“Common Stock” means the Common Stock, par value $.001 per share, of the Company.

(f)“Company” means United Fire Group, Inc.

(g)“Compensation” means the annual retainer paid in cash to a Director for services as a Director during a Plan Year. Compensation does not include reimbursement for expenses, compensation paid for attendance at meetings of the Board or committees of the Board or compensation paid in the form of options or restricted stock.

(h)“Deferral Account” means the bookkeeping account established for each Participant to record a Participant's Deferrals.

(i)“Deferrals” mean that portion of a Participant's Compensation that a Participant elects to defer in accordance with Section 3.1(a) of the Plan.

(j)“Director” means any individual serving on the Board who is not an employee of the Company or any of its direct or indirect subsidiaries.

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(k)“Election Form” means a separate written document a Participant submits to the Administrator, pursuant to which a Participant elects to participate in the Plan and make Deferrals. The Administrator may include all or part of the Election Form in the Participation Agreement.

(l)“Participant” means a Director, provided the Director: (i) elects to participate in the Plan, (ii) signs an Election Form that is accepted by the Administrator, and (iii) commences participation in the Plan.

(m)“Participation Agreement” means a written agreement, as may be amended from time to time, that is entered into by and between the Company and a Director. Each Participation Agreement executed by a Director and the Company must set forth terms applicable to the Participant.

(n)“Plan Year” means the calendar year.

(o)“Section 409A” means Code Section 409A and any U.S. Treasury regulations and guidance promulgated under the Code, including such regulations and guidance promulgated after the effective date of the Plan as deemed appropriate by the Administrator.

Article II

Participation

2.1Participation in the Plan. A Director will become a Participant of the Plan on the date the Administrator accepts the Participant's Election Form and Participation Agreement.

2.2Participation Agreements. A Participant must enter into a Participation Agreement with the Company. A Participation Agreement must contain the following:

(a)The Participant's selection of the form of payment of the Participant's Deferral Account;

(b)The Participant's beneficiary or beneficiaries; and

(c)Such other information as the Administrator may require.

A Participant may enter into a new Participation Agreement with the Company to elect another form of payment and to change beneficiaries, provided, however, the new Participation Agreement: (i) shall be made at least twelve (12) months in advance of the originally-scheduled distribution date and may not take effect for at least twelve (12) months after the date the new election is made and (ii) shall not accelerate the time or schedule of any payment, except as permitted under Treasury regulations, each as may be required by Section 409A.

Article III

Deferrals

3.1Election to Defer. A Participant's Election Form must specify the portion of Compensation to be deferred. Except as provided in Section 3.4, an Election Form is void with respect to any Deferrals unless submitted and accepted by the Administrator before the beginning of the calendar year during which the portion to be deferred will be earned. Subject to the limitations set forth in

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Sections 2.2 and 3.4, the Election Form will remain effective until modified or revoked. An Election Form must contain the following:

(a)The Participant's designation as to the portion of Compensation to be deferred with respect to a given Plan Year;

(b)Such other information as the Administrator may require.

3.2Deferral Portion. A Participant may elect to defer all or any portion of the Participant's Compensation.

3.3Deferral Continuance Requirement. A Participant's election to be a Participant shall continue in effect until the Participant delivers to the Administrator a written revocation or modification of such election with respect to Compensation that relates to services yet to be performed in the following Plan Year. An Election Form in place for a Plan Year shall remain in effect for that entire Plan Year.

3.4Initial Election. The Participant shall make an initial deferral election under the Plan by filing with the Administrator a signed Election Form within thirty (30) days after the date on which the Plan is adopted or the date on which the Participant is first eligible to participate in the Plan, taking into consideration the Plan aggregation rules of Section 409A. The completed Election Form shall only apply to Compensation earned after the Election Form is received by the Administrator.

3.5Election Changes. A Participant may modify the portion of Compensation to be deferred annually by filing a new Election Form with the Administrator prior to the beginning of the Plan Year in which the Compensation is to be deferred. A new Election Form will not be effective until the Plan Year following the calendar year in which the Administrator receives the new Election Form.

3.6Mode of Deferral - Stock Credits.

(a)The Company will record a Participant's Deferrals by crediting the Deferrals to the Participant's Deferral Account by means of a stock credit. The stock credit is a Common Stock equivalent equal to the number of shares of Common Stock (including fractions of a share) that could have been purchased on the last day of the month in which Compensation is deferred at a price equal to the average of the Closing Price on each business day during that month. The Company must credit to a Participant's Deferral Account as of the last day of the month in which Compensation is deferred.

(b)As of the date the Company pays any dividend to holders of Common Stock, the Company must credit a Participant's Deferral Account with an additional stock credit equal to the number of shares of Common Stock (including fractions of a share) that could have been purchased at the Closing Price on such date using the dividend that would have been paid on the number of stock credits in the Participant's Deferral Account on the record date for the dividend.

(c)Within one hundred twenty (120) days after the close of each Plan Year, the Company must provide each Participant a statement setting forth the Participant's Deferral Account balance. The Company may provide statements on a quarterly basis.

3.7Accounting Device Only; Unsecured Promise to Pay. Deferral Accounts are solely a device for measuring amounts to be paid under the Plan. The Deferral Accounts are not a trust fund of any kind. A Participant is a general unsecured creditor of the Company for the payment of benefits under the Plan. The benefits represent the Company's mere promise to pay such benefits, and the Company will not set aside any assets to be designated as attributable or allocated to the satisfaction of the obligation of

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the Company. Compensation deferred pursuant to the terms of the Plan will remain (until distributed in accordance with the terms of the Plan) solely the property of the Company, subject to the claims of the Company's general creditors.

Article IV

Distributions

4.1Distribution of Deferral Accounts.

(a)A Participant's benefit under the Plan is the value of the Participant's Deferral Account on December 31 of each year. The Company will determine the value of a Participant's Deferral Account for any year by multiplying the number of stock credits in the Participant's Account on December 31 of that year by the average of the Closing Price on each business day in the month of December of that year.

(b)Unless a Participant has elected to receive installment payments as provided in Section 4.1(c), the Company will pay to the Participant the value of the Participant's Deferral Account (determined pursuant to Section 4.1(a)) as of the December 31 immediately prior to the Plan Year in which the lump sum distribution is to be paid in a single cash lump sum as soon as practicable following the end of the Plan Year in which the Participant ceases to be a Director.

(c)At the election of a Participant made in writing and delivered to the Administrator at least twelve months prior to the date that Participant's Deferral Account would otherwise be distributed, the Company will distribute that Participant's Deferral Account, commencing as soon as practicable following the end of the Plan Year in which the Participant ceases to be a Director, in five (5) annual installments. The Company will determine the amount of each installment by multiplying the value of the Participant's Deferral Account (determined pursuant to Section 4.1(a)) as of the December 31 immediately prior to the Plan Year in which that installment will be paid by a fraction, the numerator of which is one, and the denominator of which is the number of installments yet to be paid.

(d)The Company will make distributions to Participants only in cash.

4.2    Adjustment. If at any time the number of outstanding shares of Common Stock are increased as the result of any stock dividend, subdivision or reclassification of shares, the number of shares of Common Stock to which each Participant's Deferral Account is equivalent shall be increased in the same proportion as the outstanding number of shares of Common Stock is increased, or if the number of outstanding shares of Common Stock shall at any time be decreased as the result of any combination or reclassification of shares, the number of shares of Common Stock to which each Participant's Deferral Account is equivalent shall be decreased in the same proportion as the outstanding number of shares of Common Stock is decreased. If the Company shall at any time be consolidated with or merged into any other corporation, and holders of the Company's Common Stock receive common shares of the resulting or surviving corporation, there shall be credited to each Participant's Deferral Account, in place of the shares then credited thereto, a stock equivalent of common shares of the resulting or surviving corporation determined by multiplying the number of common shares of stock given in exchange for a share of Common Stock upon such consolidation or merger, by the number of shares of Common Stock to which the Participant's Deferral Account is then equivalent. If in such a consolidation or merger, holders of Common Stock shall receive any consideration other than common shares of the resulting or surviving corporation, the Administrator, in its sole discretion, shall determine the appropriate change in Participants' Deferral Account.

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Article V

Administrator

5.1Administrator. The Administrator shall have full power and authority to administer the Plan, including the power to promulgate forms to be used with regard to the Plan, the power to promulgate rules of Plan administration, the power to settle any disputes as to rights or benefits arising from the Plan, and the power to make such decisions or take such actions as the Administrator, in its sole discretion, deems necessary or advisable to aid in the proper maintenance of the Plan.

Article VI

Beneficiaries

6.1Beneficiaries. Each Participant must designate one or more persons (who may be any one or more members of the Participant's family or other persons, administrators, trusts, foundations or other entities) as the Participant's beneficiary under the Plan. The designation must be made on a form acceptable to the Administrator. Each Participant may at any time and from time to time, change any previous beneficiary designation, without notice to or consent of any previously designated beneficiary, by amending the Participant's previous designation. Designations will only be effective if signed by the Participant and accepted by the Administrator during the Participant's lifetime. If (i) the beneficiary does not survive the Participant (or is otherwise unavailable to receive payment), (ii) the Participant names a spouse as a beneficiary and the marriage is subsequently dissolved, or (iii) the Participant has not validly designated a beneficiary, then the Administrator will pay the value of the Participant's Deferral Account to the Participant's estate. Unless the Participant has otherwise designated in a manner acceptable to the Administrator, if more than one person is the beneficiary of a deceased Participant, the Administrator will distribute to each beneficiary a pro rata share of any benefit payable and if a beneficiary who is receiving benefits dies, all benefits that were payable to such beneficiary shall then be payable to the estate of that beneficiary.

6.2Lost Beneficiary.

(a)Each Participant and, if benefits are begin paid to a beneficiary, each beneficiary, must keep the Administrator informed of their current address.

(b)If the Administrator, exercising due diligence, cannot locate a Participant or beneficiary, then in its sole discretion, the Administrator may presume that the Participant or beneficiary is deceased for purposes of the Plan and all unpaid amounts (net of due diligence expenses) owed to the Participant or beneficiary shall be paid accordingly or, if a beneficiary cannot be so located, then such amounts shall be paid to the Participant's or the beneficiary's estate, as applicable. Any such presumption of death shall be final, conclusive and binding on all parties. Notwithstanding the foregoing, if any such beneficiary is located within five (5) years from the date of any such forfeiture, such beneficiaries shall be entitled to receive the amount previously forfeited, but only to the extent recoverable, and in no event shall the Company be obligated to pay a benefit more than once.

(c)If a benefit is payable to a minor, to a person declared incompetent, or to a person incapable of handling the disposition of the Participant's property, the Company may pay such benefit to the guardian, legal representative or person having the care or custody of such minor, incompetent person or incapable person. The Company may require proof of incompetence, minority or guardianship as it may deem appropriate prior to distribution of the benefit. Such distribution shall completely discharge the Company from all liability with respect to such benefit.

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Article VII

Amendment and Termination

7.1Authority to Amend or Terminate. The Board has the sole authority to modify, amend or terminate the Plan; provided, however, that any modification or termination of the Plan shall not (i) reduce, without the consent of a Participant, the Participant's right, as of the day before the effective date of such modification or termination, to any amounts already credited to the Participant's Deferral Account or (ii) lengthen the time period for a distribution from an established Deferral Account. Following a termination, to the extent permitted under Section 409A, the Company may distribute the Deferral Accounts in a single sum payment if the Company so designates or as may be required under Section 409A. If the Company elects to pay Deferral Accounts in a single sum, the Company must pay the Deferral Accounts of all Participants in a single sum.

7.2Required Action. Notwithstanding Section 7.1, to the extent permitted by Section 409A, the Company may amend or terminate the Plan at any time if, pursuant to legislative, judicial or regulatory action, continuation of the Plan would (i) cause benefits to be taxable to the Participant prior to actual receipt, or (ii) result in significant financial penalties or other significantly detrimental ramifications to the Company (other than the financial impact of paying the benefits).

Article VIII

Section 409A

8.1Section 409A. The Participant's Deferral Account balances constitute “deferred compensation” under Section 409A and are subject to the following:

(a)All documents and agreements or rules and regulations created by the Company pertaining to a Participant's Deferral Account, will provide for the required procedures under Section 409A, including the timing of deferral elections and the timing and method of payment distributions.

(b)With respect to the Participants' Deferral Account balances, it is the intention of the Company to operate the Plan at all times in conformity with the known rules, regulations and guidance promulgated under Section 409A, and the Company reserves the right (including the right to delegate such right) to unilaterally amend the Plan with respect to the Deferral Account balances without the consent of any Participant, to maintain compliance with Section 409A. A Participant's acceptance of any benefits under the Plan constitutes acknowledgement and consent to such rights of the Company.

(c)If any portion of a Participant's Deferral Account under the Plan is required to be included in income by the Participant prior to receipt due to a failure of the Plan to meet the requirements of Section 409A, the Participant may petition the Administrator for a distribution of that portion of the Participant's Deferral Account balance that is required to be included in the Participant's income. Upon the grant of such a petition, which grant shall not be unreasonably withheld, the Company shall distribute to the Participant immediately available funds in an amount equal to the portion of the Participant's Deferral Account balance required to be included in income as a result of the failure of the Plan to meet the requirements of Section 409A, which amount shall not exceed the value of the Deferral Account under the Plan. If the Company grants the petition, the Company must make the distribution within ninety (90) days of the date the Company granted the petition. Such a distribution shall reduce the Participant's benefits to be paid under the Plan.

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Article IX

Miscellaneous

9.1Administration. The Administrator shall have powers which are necessary to administer the Plan, including, but not limited to:

(a)interpreting the provisions of the Plan;

(b)establishing and revising the method of accounting for the Plan;

(c)maintaining a record of benefit payments; and

(d)establishing rules and prescribing any forms necessary or desirable to administer the Plan.

The Administrator may delegate to others certain ministerial aspects of the management and operation of the Plan, including the employment of advisors and the delegation of ministerial duties to qualified individuals and may, from time to time, consult with legal counsel, who may be counsel to the Company.

The decision or action of the Administrator with respect to any question arising out of or in connection with the administration, interpretation and application of the Plan and the rules and regulations promulgated under the Plan shall be final and conclusive and binding upon all persons having any interest in the Plan.

9.2No Assignment. Benefits or payments under the Plan are not be subject in any manner to anticipation, alienation, sale, transfer, assignment, pledge, encumbrance, attachment, or garnishment by creditors of the Participant or the Participant's beneficiary, whether voluntary or involuntary (collectively, an “Assignment”), and any attempt to initiate or complete an Assignment will not be valid. No benefit or payment under the Plan is in any way liable for or subject to the debts, contracts, liabilities, engagement or torts of any Participant, beneficiary, or other person entitled to such benefit or payment pursuant to the terms of the Plan, except to such extent as may be required by law. If any Participant or beneficiary or any other person entitled to a benefit or payment pursuant to the terms of the Plan becomes bankrupt or attempts to initiate or complete an Assignment alienate, sell, transfer, assign, pledge, encumber, attach or garnish any benefit or payment under the Plan, in whole or in part, or if any attempt is made to subject any such benefit or payment, in whole or in part, to the debts, contracts, liabilities, engagements or torts of the Participant, beneficiary or any other person entitled to any such benefit or payment pursuant to the terms of the Plan, then such benefit or payment, in the discretion of the Administrator, shall cease and terminate with respect to such Participant, beneficiary or other such person.

9.3Tax Withholding. When the Company makes payments under the Plan, the Company has the right to deduct from each payment made under the Plan any taxes respecting such payments required to be withheld by federal or state codes, rules and regulations.

9.4Entire Agreement. The Plan and a Participant's Participation Agreement and Election Form constitute the entire agreement between the Company and the Participant as to the subject matter hereof.

9.5No Liability. No liability shall attach to or be incurred by any officer or director of the Company or any Administrator under or by reason of the terms, conditions and provisions contained in

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the Plan, or for the acts or decisions taken or made under the Plan or in connection with the Plan. As a condition precedent to the establishment of the Plan, the submission of an Election Form or the receipt of benefits under the Plan, a Participant expressly waives such liability, if any, and expressly releases any and all persons claiming under or through any Participant or any other person. The waiver and release is be conclusively evidenced by any act or participation in, the acceptance of benefits under or the making of any election under the Plan.

9.6Reorganization. The Company shall not merge or consolidate into or with another company, or reorganize or sell substantially all of its assets to another company, firm, or person unless such succeeding or continuing company, firm, or person agrees to assume and discharge the obligations of the Company under the Plan.

9.7Expenses. The Company must pay all expenses incurred in the administration of the Plan, whether incurred by the Company or the Plan.

9.8Insolvency. If the Company is considered to be insolvent, the Company, through its Board and chief executive officer, must give immediate written notice of such to the Administrator. Upon receipt of such notice, the Administrator shall cease to make any payments to any person receiving payments under the Plan and shall hold any and all assets attributable to the Company for the benefit of the general creditors of the Company.

9.9Company Determinations. The Board or a properly delegated committee of the Board has the sole authority to make determinations, actions or decisions of the Company with respect to the Plan (including but not limited to, Plan amendments and Plan termination).

9.10Interpretation. The provisions of the Plan shall be interpreted consistently with Section 409A, and to the extent the Plan inconsistent with Section 409A, the Plan shall be deemed to be modified to the extent necessary to make such provisions consistent with Section 409A. All questions of interpretation, construction or application arising under or concerning the terms of the Plan shall be decided by the Administrator, in its sole and final discretion, and such decision will be final, binding and conclusive upon all persons.

9.11Severability and Interpretation of Provisions. If any of the provisions or portions of provisions of the Plan are held to be inoperative or invalid by any court of competent jurisdiction, or if any governmental body having jurisdiction over the Company adopts legislation that would be retroactively applied to invalidate the Plan or any provision of the Plan or cause the benefits under the Plan to be taxable, then: (i) insofar as is reasonable, effect will be given to the intent manifested in the provisions held invalid or inoperative, and (ii) the validity and enforceability of the remaining provisions will not be affected thereby. If the Administrator must construe a provision in a manner to avoid taxability, the Administrator shall construe such provision in a manner that would manifest to the maximum extent possible the original meaning of such provision.

9.12Governing Law. The Plan is governed construed and administered in accordance with the laws of the State of Iowa without regard to the conflict of laws provisions of any jurisdiction, except to the extent preempted by the laws of the United States of America.

9.13    Headings. The Article headings and Section headings contained in the Plan are included only as a matter of convenience and for reference and in no way define, limit, enlarge or describe the scope or intent of the Plan and do not in any way affect the Plan or the construction of any provision of the Plan.

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EX-14.1

Exhibit 14.1

UNITED FIRE GROUP, INC.

CODE OF ETHICS AND BUSINESS CONDUCT

The primary goals of the United Fire Group^® are to be:

• Among the most consistently profitable insurance companies.

• Among the most viable insurance operations.

• A business organization that develops its people to their fullest potential.

• A company for which we can all be proud to work.

• A company that is always striving to do things better.

In pursuit of these goals, United Fire Group^® (United Fire Group, Inc. and all of its subsidiaries and affiliates, hereafter “United”) and its officers, employees and directors are expected to comply with this Code of Ethics and Business Conduct (the “Code”). The Code applies to United's officers, directors and employees, who are expected to become familiar with the Code and to apply the Code in the daily performance of their jobs. The Code supplements United's existing employee policies, including those specified in employee handbooks, and various other policies and procedures that United has adopted, including the following:

Employee Handbook (and all attachments and subsequent amendments thereto)

Conflict of Interest Statement

Insider Trading Policy

Anti-Money Laundering Policy

Transactions Reporting Policy

Antifraud Plan

COMPLIANCE WITH LAWS, RULES AND REGULATIONS

United is subject to laws, rules and regulations, the violation of which could subject United to significant risk. Obeying the law, both in letter and in spirit, is the foundation on which United's ethical standards are built. Such laws include

Bribery and kickbacks	Employment discrimination or harassment
Insider trading	Occupational health and safety
Illegal political contributions	Misuse of corporate assets
Financial reporting	Environmental hazards
Document retention and destruction Antitrust prohibitions	Copyrights, trademarks and trade secrets information privacy

Last approved by the Board of Directors: 11/16/2012    1

Officers, directors and employees are expected to understand and comply with all laws, rules and regulations applicable to United. If any doubt exists about whether a course of action is lawful, officers, directors and employees should seek advice immediately from a supervisor or United's General Counsel.

ADHERENCE TO HIGH ETHICAL STANDARDS

United expects that its officers, directors and employees will adhere to the highest ethical standards of conduct in all business activities and will act in a manner that enhances United's standing as a vigorous and ethical competitor within the business community.

FULL AND FAIR DISCLOSURE IN REPORTS AND DOCUMENTS

As a public company, it is important that United's filings with the Securities and Exchange Commission (the "SEC") and other Federal and State regulatory agencies are full, fair, accurate, timely and understandable. United's policy is to comply with all applicable financial reporting and accounting regulations. United maintains the highest commitment and expects officers, directors and employees to record information accurately and truthfully and to be diligent in providing accurate information to the inquiries that are made related to United's public disclosure requirements. Officers, directors and employees are required to cooperate and comply with United's disclosure controls and procedures so that reports and documents filed with the SEC and other Federal and State regulatory agencies comply in all material respects with applicable laws, rules and regulations, and provide full, fair, accurate, timely and understandable disclosure.

Officers, directors and employees may be called upon to provide necessary information to assure that the Company's public reports and regulatory filings are full, fair, accurate, timely and understandable.

INTERNAL AUDITING CONTROLS

United has established internal auditing controls to manage its financial transactions. United has adopted these controls to satisfy internal needs and to ensure compliance with accounting principals generally accepted in the United States, the guidelines of the Financial Accounting Standards Board and the requirements of applicable laws and regulations.

Internal Control Guidelines

United has established systems, controls and records for authorizing, executing, and recording transactions involving assets, liabilities, income and expenses. United also limits access to assets and periodically reconciles recorded and existing assets. The following is a summary of some of United's significant internal policies and controls:

• Compliance - No officer, director or employee shall engage in any activity that circumvents United's systems of internal controls.

• Illegal Payments - No officer, director or employee shall in any way offer, make or cause to be offered or made any illegal payment, contribution or gift of any kind.

• Cash Disbursements - United's policy limits cash disbursements to most employees to nominal amounts drawn from established and properly recorded petty cash accounts and prohibits such disbursements to certain management employees. Check disbursements shall be drawn only to the ultimate payee. No checks will be made payable to cash or bearer.

Last approved by the Board of Directors: 11/16/2012    2

• Reporting and Review Procedure - Officers, directors or employees who believe a transaction may be illegal must report the transaction to United's General Counsel. If the General Counsel or the reporting person believes a review of the transaction is necessary, either may request such a review by writing the Chairman of the Audit Committee, the full Audit Committee or the Board of Directors.

POLITICAL PARTICIPATION

United believes that participation in the political process is one of every individual's most basic rights. However, federal and state laws distinguish between individual and corporate participation. For example, U.S. federal law and the laws of many states prohibit corporate contributions to political candidates or officeholders.

United encourages its officers, directors and employees to participate in the political process as they so desire. They may make personal political contributions or communicate their personal beliefs to elected officials. It is important, however, to distinguish between personal and corporate political activities. United's senior management is responsible for developing and communicating United's position on relevant legislative and regulatory issues.

Unless specifically requested by United to do so, officers, directors and employees may not represent United before legislative, regulatory or other government bodies, and officers, directors and employees must be sure to clearly label any personal any other communication with legislative, regulatory or government bodies All questions and contacts from legislators or regulators regarding United's position on public issues should be referred to United's General Counsel.

It is United's policy to not use company funds or other assets to make political contributions to, or expenditures on behalf of, political candidates, officeholders or public officials. Prohibited expenditures include things as providing meals, beverages or entertainment to officeholders or public officials. This policy applies in all states, even those in which state law permits corporate political contributions or expenditures. U.S. federal law and United's policy also prohibit reimbursement for personal political contributions. United will not alter personal compensation to reflect or account for political contributions.

MEDIA RELATIONS

Representatives of the news media may ask officers, directors or employees for information concerning United's position on public issues. Officers, directors and employees should not respond to such requests unless specifically authorized to do so.

In addition, officers, directors and employees may not release information to the news media about United's activities or the activities of United's employees. United's corporate relations staff has established policies that govern response to news media requests and for obtaining management approval for public statements. If an activity merits or requires public disclosure, the disclosure will be made in compliance with those policies.

CONFLICT OF INTEREST

A conflict of interest exists when there is a conflict between an individual's obligation to United and that individual's personal self-interest. Officers, directors and employees should avoid any relationship that could impair or unduly influence their ability to discharge their duties properly. The appearance of a

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conflict can often be as damaging as an actual conflict. A good general rule is to avoid any action or association that would be embarrassing to you or United if it were disclosed to the public.

Generally speaking, officers, directors and employees should not provide service or assistance to a competitor or engage in activities that compete with any of United's lines of business. In addition, officers, directors and employees should not use company assets for personal gain. Work completed for United belongs to United. Officers, directors and employees may not exploit for personal gain any property belonging to United, including intellectual property belonging to United, such as copyrights, and business opportunities.

United expects any officer, director or employee who is aware of any material transaction or relationship that is a conflict of interest, or that reasonably could be expected to give rise to a conflict of interest, to immediately make a full report to United's General Counsel.

GIFTS AND ENTERTAINMENT

United desires to deal fairly and impartially with all of its business partners. Making or accepting gifts of property or entertainment can be construed as an attempt to unduly influence a relationship. Generally, officers, directors and employees should not provide or accept gifts of property or entertainment that have more than nominal value or that involve greater than usual or customary expense. Gifts of money are never permissible. To prevent embarrassment to everyone and to avoid what may be an unintentional violation of the law, officers, directors and employees should use their best judgment to tell when a gift is improper and should be refused. Business entertainment is an ambiguous area. It is usually permissible to pick up the check (or let someone else pay the tab) for a business lunch or dinner or for a trip to a local sporting event or local entertainment venue.

If in doubt about whether a gift or entertainment is appropriate, officers, directors or employees should ask a supervisor, the Human Resources Department or the General Counsel. Employees will be reimbursed for reasonable business-related travel and entertainment expenses, provided the expenses are properly authorized, reported and approved.

INSIDER INFORMATION AND SECURITIES TRADING

In the normal course of business, United's officers, directors and employees may have access to information not available to the public ("inside information") that would materially affect the value of United's stock, options or other securities. The Securities and Exchange Commission and NASDAQ^® regulate the use and disclosure to the investing public of this inside information. Until information is publicly disclosed, it is considered inside information and must be kept confidential. Acting on this information for personal gain (for example, by buying or selling United stock) or disclosing it to anyone else before it has been released to the public violates U.S. federal law and United policy. United has adopted insider trading restrictions. United requires officers, directors and employees to review, become familiar with and abide by United's insider trading restrictions. Persons affected by this Code should refer questions about United's insider trading restrictions to a supervisor, the Human Resources Department or the General Counsel.

HUMAN RESOURCES

United's greatest strength lies in the talent and the ability of its employees. United expects its employees to hold themselves accountable to the highest professional standards, with mutual respect being the basis

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of all professional relationships. United has established policies to guide its activities in employee relations. It is United's policy:

• to provide equal opportunity for all in recruiting, hiring, developing, promoting and compensating, without regard to race, religion, color, age, gender, disability, veteran status or national origin;

• to maintain a professional, safe and discrimination-free work environment;

• to recognize and compensate employees based on their performance; and

• to provide a competitive array of benefits.

Sexual, racial, ethnic, religious and any other type of harassment has no place in United's work environment. Racial, ethnic and religious harassment includes such conduct as slurs, jokes, intimidation or any other verbal or physical attack upon a person because of race, religion or national origin. Sexual harassment includes unwelcome sexual advances or other verbal or physical conduct of a sexual nature.

Questions or complaints about potential harassment should be directed to a supervisor, the Human Resources Department or the General Counsel.

SUBSTANCE ABUSE

To protect the health and welfare of its employees, customers, shareholders and neighbors, United has adopted a statement (included in United's employee handbook) on the use of alcohol and drugs. United requires its officers, directors and employees to review, become familiar with and abide by United's statement on the use of alcohol and drugs. Questions about United's policy should be referred to a supervisor, the Human Resources Department or the General Counsel.

ENVIRONMENT, HEALTH AND SAFETY

United is committed to protecting and maintaining the quality of the environment and to promoting the health and safety of employees, customers and the communities where it operates. While engaged in activities for United, officers, directors and employees are expected to support United's commitment by:

• operating in full compliance with both the letter and the spirit of environmental, health and safety laws and regulations and company policies;

• encouraging care and regard for the environment and the workplace;

• immediately reporting any environmental, health or safety problems to a supervisor or to management;

• identifying opportunities to improve the environment for, and the health and safety of, employees;

• being prepared to implement emergency preparedness plans if necessary; and

• developing and implementing waste management programs including those involving resource conservation, waste reduction, recycling, recovery and treatment.

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Reports of any actual or potential environmental, health or safety problems, or any questions about employees' responsibilities or company policies in these areas should be immediately directed to a supervisor, the Human Resources Department or the General Counsel.

EMERGENCY PREPAREDNESS

Emergency preparedness is the responsibility of United's operating units, which have developed emergency preparedness plans for each operating location. These plans are designed to aid in emergency situations and minimize their impact. They also require that federal, state and local agencies and company management be promptly notified in appropriate instances.

Officers, directors and employees engaged for United are required to become familiar with applicable emergency preparedness plans and to assist in implementing the necessary emergency response. Questions about your responsibilities should be directed to a supervisor, the Human Resources Department or the General Counsel. Emergency situations should be immediately referred to a supervisor, the Human Resources Department or the General Counsel.

COMPLIANCE AND INTERPRETATION

All officers, directors and employees are expected to comply with this Code. When in doubt, each person affected by this Code must seek clarification from a supervisor, the Human Resources Department or the General Counsel. Violations of United's ethical standards are grounds for disciplinary action up to and including discharge and legal prosecution.

REPORTING NON-COMPLIANCE

Violations of the Code

As a general matter, any questions or concerns about compliance with this Code should be directed to a supervisor, manager or representative of the Human Resources Department. If an officer, director or employee is not comfortable talking to any of these persons for any reason, such person should call United's General Counsel toll-free at 1-877-256-1056 or make a report on United's website, www.unitedfiregroup.com. Calls made to the General Counsel or reports filed on United's website may be made anonymously. United will treat the information set forth in a report of any suspected violation of this Code or laws, rules or regulations in a confidential manner and will conduct a prompt and appropriate evaluation and investigation of any matter reported. Failure to report knowledge of a violation of the Code or other misconduct may result in disciplinary action against the person failing to report. United expects officers, directors and employees to cooperate in any investigations of reported violations.

Accounting/Auditing Complaints

The law requires that the Audit Committee of United's Board of Directors have in place procedures for the receipt, retention and treatment of complaints concerning accounting, internal accounting controls, or auditing matters. United must also have procedures for officers, employees and directors to anonymously submit their concerns regarding questionable accounting or auditing matters.

Complaints concerning accounting, internal accounting controls or auditing matters will be directed to the attention of the Audit Committee or the appropriate members of that committee. For direct access to the Audit Committee, please address concerns regarding accounting, internal accounting controls, or auditing matters directly to the Chairman of the Audit Committee at United's address. Such concerns may also be

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addressed by calling United's General Counsel toll-free at 1-877-256-1056 or by making a report on United's website, www.unitedfiregroup.com. Calls to the General Counsel or reports filed on United's website may be made anonymously.

Responsibility to Report Violations of the Code and Law

As part of its commitment to ethical and lawful conduct, United expects officers, directors and employees to report any violations or suspected violations of the Code or law. By law, United may not discharge, demote, suspend, threaten, harass, or in any other manner discriminate against an employee in the terms and conditions of employment because of any lawful act done by the employee to provide information or otherwise assist in an investigation regarding any conduct that the employee reasonably believes constitutes a violation of any rule or regulation of the SEC or any provision of Federal law relating to fraud against shareholders when the information or assistance is provided to or the investigation is conducted, by, among others, a person working for United with the authority to investigate, discover or terminate misconduct. To encourage employees to report violations of illegal or unethical conduct, United will not allow retaliation to be taken against an employee who has made a report under this Code in good faith.

WAIVERS AND MODIFICATIONS OF THE CODE OF ETHICS AND BUSINESS CONDUCT

In certain limited situations, United may waive application of this Code to officers, directors and employees. With respect to executive officers, senior financial officers and directors, any waiver of the Code requires the express approval of the Board of Directors and may require prompt disclosure as required by applicable law and regulations. Any change in the Code may be made only by United's Board of Directors.

Requests for waivers of the Code for employees and officers who are not executive officers may be submitted to the General Counsel. Any such request must be made in writing and set forth the grounds for a waiver. The General Counsel will consider the request, and the decision to grant a waiver request shall be at the sole and absolute discretion of the General Counsel.

A director or executive officer may request a waiver of the Code only if the director or executive officer can demonstrate that such a waiver:

• is necessary to alleviate undue hardship in view of unforeseen circumstances or is otherwise appropriate under all the relevant facts and circumstances;

• will not be inconsistent with the purposes and objectives of the Code;

• will not adversely affect the interests of United or its customers or insureds; and

• will not result in a transaction or conduct that would violate provisions of applicable laws or regulations.

A director or executive officer shall submit a request for a waiver of the Code to United's Board of Directors or a committee thereof for consideration. Any decision to grant a waiver of the Code to a director or executive officer shall be at the sole and absolute discretion of the board or appropriate committee thereof. The Corporate Secretary will advise the Chief Financial Officer and General Counsel in writing of the Board's decision regarding the waiver, including the grounds for granting or denying the waiver request. The Chief Financial Officer and General Counsel shall promptly advise the Director or

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Executive Officer in writing of the Board's decision. If such a waiver is granted, the Chief Financial Officer and General Counsel shall take such steps as are required by law to disclose the waiver.

CONFIDENTIALITY

Officers, directors and employees are responsible for maintaining the confidentiality of information entrusted to them by United or its customers, except when disclosure is authorized or legally mandated. The nature of United's business requires that its customers' confidence and trust be kept. Officers, directors and employees person must safeguard United's confidential information and not disclose it to a third party without the prior consent of senior management.

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EX-99.1

Exhibit 99.1

118 Second Avenue SE, PO Box 73909

Cedar Rapids, Iowa 52407-3909

Contacts: Randy A. Ramlo, President/CEO or

Dianne M. Lyons, Vice President/CFO, 319-399-5700

United Fire Group Board Declares Regular Dividend on Common Stock

CEDAR RAPIDS, IOWA-November 19, 2012-The Board of Directors of United Fire Group, Inc. (Nasdaq:UFCS) declared a regular quarterly dividend on the common stock of $0.15 cents per share at its meeting on Friday, November 16. This dividend will be payable December 31, 2012, for shareholders of record as of December 14, 2012. Our company has paid dividends every quarter since March 1968.

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About United Fire Group, Inc.

Founded in 1946 as United Fire & Casualty Company, United Fire Group, Inc., through its insurance company subsidiaries, is engaged in the business of writing property and casualty insurance and life insurance and selling annuities. Our company's net premiums written totaled $546.5 million for the nine-month period ended September 30, 2012, and our market capitalization was $639.2 million at September 30, 2012.

Through our subsidiaries, we are licensed as a property and casualty insurer in 43 states, plus the District of Columbia, and we are represented by approximately 1,200 independent agencies. The United Fire pooled group is rated "A" (Excellent) by A.M. Best Company.

Our subsidiary, United Life Insurance Company, is licensed in 36 states, represented by more than 900 independent life agencies and rated an "A-" (Excellent) by A.M. Best Company.

For more information about United Fire Group, Inc. visit www.unitedfiregroup.com.