Cedar Rapids-based United Fire Group Inc. today reported a consolidated net loss (including investment gains and losses) of $23.2 million, or 93 cents per share, for the fourth quarter ending Dec. 31, compared with a consolidated net loss of $29.3 million, or $1.17 per share, for the same period in 2018. Full-year 2019 consolidated net income was $14.8 million, or 58 cents per share, compared with $27.7 million, or $1.08 per share, in 2018. “Our 2019 results were negatively impacted by commercial auto losses and prior year reserve strengthening in our Gulf Coast Region,” said Randy Ramlo, the company’s president and CEO. “From a profitability standpoint, the fourth quarter was disappointing and an unacceptable end to a year in which we failed to meet expectations and failed to make an operational profit.” Consolidated net unrealized investment gains for 2019, net of tax, totaled $47.3 million as of Dec. 31, compared with prior-year net unrealized investment losses of $9.3 million, an increase of $56.6 million.