UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 13F

                               FORM 13F COVER PAGE

Report for the Calendar Year or Quarter Ended: December 31, 2009

Check here if Amendment [ ]; Amendment Number: _____

This Amendment (Check only one): [ ] is a restatement.
                                 [ ] adds new holdings entries.

Institutional Investment Manager:

Name:    United Fire & Casualty Company
Address: 118 Second Avenue SE
         Cedar Rapids IA 52401

Form 13F File Number: 28-6427

The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of the Reporting Manager:

Name:  Kevin W. Helbing
Title: Controller
Phone: 319 286-2533

Signature, Place and Date of Signing:


    /s/ Kevin W. Helbing              Cedar Rapids, IA             2/9/2010
------------------------------    -------------------------   ------------------
       Kevin W. Helbing

Report Type (Check only one.):

[X]  13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
     are reported in this report.)

[ ]  13F NOTICE. (Check here if no holdings reported are in this report, and all
     holdings are reported by other reporting manager(s).)

[ ]  13F COMBINATION REPORT. (Check here if a portion of the holdings for this
     reporting manager are reported in this report and a portion are reported by
     other reporting manager(s).)



FORM 13F SUMMARY PAGE

Report Summary:

Number of Other Included Managers:             0
Form 13F Information Table Entry Total:       59
Form 13F Information Table Value Total: $131,482 (in thousands)
List of Other Included Managers:            NONE



FORM 13F INFORMATION TABLE



                                                                                                           VOTING AUTHORITY
                                TITLE OF               VALUE    SHARES/  SH/   PUT/  INVSTMNT   OTHER    ---------------------
       NAME OF ISSUER             CLASS     CUSIP    (x $1000)  PRN AMT  PRN   CALL   DSCRETN  MANAGERS    SOLE   SHARED  NONE
------------------------------  --------  ---------  ---------  -------  ----  ----  --------  --------  -------  ------  ----
                                                                                         
AT&T Inc                         Common   00206R102      2,807  100,160   SH           Sole              100,160
Abbott Laboratories              Common   002824100     11,068  205,000   SH           Sole              205,000
Agilysys Inc                     Common   00847J105      1,924  211,187   SH           Sole              211,187
Alliant Energy Corporation       Common   018802108      3,698  122,200   SH           Sole              122,200
American Strategic Inc Port II   Common   030099105        258   25,420   SH           Sole               25,420
BCE Inc                          Common   05534B760        409   14,823   SH           Sole               14,823
BRE Properties Inc               Common   05564E106        595   18,000   SH           Sole               18,000
Bank of America Corporation      Common   060505104      2,108  140,000   SH           Sole              140,000
Bemis Company Inc                Common   081437105        931   31,400   SH           Sole               31,400
Boeing Company                   Common   097023105      4,060   75,000   SH           Sole               75,000
Burlington Northern Santa Fe     Common   12189T104      1,594   16,158   SH           Sole               16,158
CIT Group Inc                    Common   125581801      1,520   55,065   SH           Sole               55,065
Cincinnati Financial Corp        Common   172062101      8,404  320,276   SH           Sole              320,276
ConocoPhillips                   Common   20825C104        514   10,059   SH           Sole               10,059
Cummins Inc                      Common   231021106      3,585   78,180   SH           Sole               78,180
Dean Foods Company               Common   242370104        144    8,000   SH           Sole                8,000
Deere & Company                  Common   244199105      1,082   20,000   SH           Sole               20,000
Del Monte Foods Co               Common   24522P103        228   20,097   SH           Sole               20,097
Dow Chemical Company             Common   260543103      4,697  170,000   SH           Sole              170,000
Duke Energy Corporation          Common   26441C105      2,550  148,192   SH           Sole              148,192
Emerson Electric Co              Common   291011104        537   12,600   SH           Sole               12,600
Exxon Mobil Corporation          Common   30231G102      2,728   40,000   SH           Sole               40,000
Federal-Mogul Corporation        Common   313549404      1,184   68,457   SH           Sole               68,457
Fidelity National Information    Common   31620M106        229    9,758   SH           Sole                9,758
Fidelity NationalFinancial Inc   Common   31620R105        299   22,201   SH           Sole               22,201
Arthur J Gallagher & Co          Common   363576109        232   10,321   SH           Sole               10,321
General Electric Company         Common   369604103      4,161  275,000   SH           Sole              275,000
H J Heinz Company                Common   423074103      1,924   45,000   SH           Sole               45,000
Honeywell International Inc      Common   438516106      1,372   35,000   SH           Sole               35,000
Hospira Inc                      Common   441060100        816   16,000   SH           Sole               16,000
Intel Corporation                Common   458140100        816   40,000   SH           Sole               40,000
JPMorgan Chase & Co              Common   46625H100      2,406   57,736   SH           Sole               57,736
Johnson & Johnson                Common   478160104      1,932   30,000   SH           Sole               30,000
Medtronic Inc                    Common   585055106      1,100   25,000   SH           Sole               25,000
Mirant Corporation               Common   60467R100        433   28,342   SH           Sole               28,342
Newell Rubbermaid Inc            Common   651229106        687   45,766   SH           Sole               45,766
Nicor Inc                        Common   654086107      1,684   40,000   SH           Sole               40,000
Old Republic International Cor   Common   680223104      2,557  254,690   SH           Sole              254,690
Owens Corning Inc                Common   690742101      2,581  100,644   SH           Sole              100,644
Penwest Pharmaceuticals Co.      Common   709754105         78   30,000   SH           Sole               30,000
PepsiCo Inc                      Common   713448108      1,216   20,000   SH           Sole               20,000
Pfizer Inc                       Common   717081103        728   40,000   SH           Sole               40,000
Piper Jaffray Cos                Common   724078100        422    8,329   SH           Sole                8,329
Procter & Gamble Company         Common   742718109      4,608   76,000   SH           Sole               76,000
Progress Energy Inc              Common   743263105        785   19,131   SH           Sole               19,131
QCR Holdings Inc                 Common   74727A104        695   83,181   SH           Sole               83,181
Royal Dutch Shell ADR            Common   780259206      2,404   40,000   SH           Sole               40,000
Schlumberger Limited             Common   806857108      1,953   30,000   SH           Sole               30,000
Spectra Energy Corporation       Common   847560109      1,930   94,096   SH           Sole               94,096
Terra Industries Inc.            Common   880915103      1,029   31,969   SH           Sole               31,969
Treehouse Foods Inc              Common   89469A104        375    9,652   SH           Sole                9,652
U S Bancorp                      Common   902973304     16,833  747,784   SH           Sole              747,784
Vectren Corporation              Common   92240G101        658   26,658   SH           Sole               26,658
Verizon Communications Inc       Common   92343V104      1,855   55,997   SH           Sole               55,997
Wells Fargo & Company            Common   949746101      6,750  250,086   SH           Sole              250,086
Windstream Corporation           Common   97381W104        142   12,942   SH           Sole               12,942
Wintrust Financial Corporation   Common   97650W108      7,098  230,523   SH           Sole              230,523
Xcel Energy, Inc.                Common   98389B100      1,910   90,000   SH           Sole               90,000
Montpelier Re Holdings Ltd       Common   G62185106        159    9,189   SH           Sole                9,189
Report Summary                      Data Records 59    131,482        0 other managers on whose behalf report is filed