UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 2010
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 4/30/2010
-------------------------------------
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: $141,944
(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 2,588 100,160 SH Sole 100,160
Abbott Laboratories Common 002824100 10,799 205,000 SH Sole 205,000
Agilysys Inc Common 00847J105 2,359 211,187 SH Sole 211,187
Alliant Energy Corporation Common 018802108 4,064 122,200 SH Sole 122,200
American Strategic Inc Port II Common 030099105 262 25,420 SH Sole 25,420
BCE Inc Common 05534B760 435 14,823 SH Sole 14,823
BRE Properties Inc Common 05564E106 644 18,000 SH Sole 18,000
Bank of America Corporation Common 060505104 2,499 140,000 SH Sole 140,000
Bemis Company Inc Common 081437105 902 31,400 SH Sole 31,400
Boeing Company Common 097023105 5,446 75,000 SH Sole 75,000
CIT Group Inc Common 125581801 2,145 55,065 SH Sole 55,065
Cincinnati Financial Corp Common 172062101 9,259 320,276 SH Sole 320,276
ConocoPhillips Common 20825C104 515 10,059 SH Sole 10,059
Cummins Inc Common 231021106 4,843 78,180 SH Sole 78,180
Dean Foods Company Common 242370104 126 8,000 SH Sole 8,000
Deere & Company Common 244199105 1,189 20,000 SH Sole 20,000
Del Monte Foods Co Common 24522P103 293 20,097 SH Sole 20,097
Dow Chemical Company Common 260543103 5,027 170,000 SH Sole 170,000
Duke Energy Corporation Common 26441C105 2,418 148,192 SH Sole 148,192
Emerson Electric Co Common 291011104 634 12,600 SH Sole 12,600
Exxon Mobil Corporation Common 30231G102 2,679 40,000 SH Sole 40,000
Federal-Mogul Corporation Common 313549404 706 38,457 SH Sole 38,457
Fidelity National Information Common 31620M106 229 9,758 SH Sole 9,758
Fidelity NationalFinancial Inc Common 31620R105 329 22,201 SH Sole 22,201
Arthur J Gallagher & Co Common 363576109 253 10,321 SH Sole 10,321
General Electric Company Common 369604103 5,005 275,000 SH Sole 275,000
H J Heinz Company Common 423074103 2,052 45,000 SH Sole 45,000
Honeywell International Inc Common 438516106 1,584 35,000 SH Sole 35,000
Hospira Inc Common 441060100 906 16,000 SH Sole 16,000
Intel Corporation Common 458140100 892 40,000 SH Sole 40,000
JPMorgan Chase & Co Common 46625H100 2,584 57,736 SH Sole 57,736
Johnson & Johnson Common 478160104 1,956 30,000 SH Sole 30,000
Medtronic Inc Common 585055106 1,126 25,000 SH Sole 25,000
Merck & Co Inc Common 58933Y105 215 5,767 SH Sole 5,767
Mirant Corporation Common 60467R100 308 28,342 SH Sole 28,342
Newell Rubbermaid Inc Common 651229106 696 45,766 SH Sole 45,766
Nicor Inc Common 654086107 1,677 40,000 SH Sole 40,000
Old Republic International Cor Common 680223104 3,229 254,690 SH Sole 254,690
Owens Corning Inc Common 690742101 2,560 100,644 SH Sole 100,644
Penwest Pharmaceuticals Co. Common 709754105 104 30,000 SH Sole 30,000
PepsiCo Inc Common 713448108 1,323 20,000 SH Sole 20,000
Pfizer Inc Common 717081103 686 40,000 SH Sole 40,000
Piper Jaffray Cos Common 724078100 336 8,329 SH Sole 8,329
Procter & Gamble Company Common 742718109 4,809 76,000 SH Sole 76,000
Progress Energy Inc Common 743263105 753 19,131 SH Sole 19,131
QCR Holdings Inc Common 74727A104 740 83,181 SH Sole 83,181
Royal Dutch Shell ADR Common 780259206 2,314 40,000 SH Sole 40,000
Schlumberger Limited Common 806857108 1,904 30,000 SH Sole 30,000
Spectra Energy Corporation Common 847560109 2,120 94,096 SH Sole 94,096
Terra Industries Inc. Common 880915103 1,463 31,969 SH Sole 31,969
Treehouse Foods Inc Common 89469A104 423 9,652 SH Sole 9,652
U S Bancorp Common 902973304 18,576 717,784 SH Sole 717,784
Vectren Corporation Common 92240G101 659 26,658 SH Sole 26,658
Verizon Communications Inc Common 92343V104 1,737 55,997 SH Sole 55,997
Wells Fargo & Company Common 949746101 7,783 250,086 SH Sole 250,086
Windstream Corporation Common 97381W104 141 12,942 SH Sole 12,942
Wintrust Financial Corporation Common 97650W108 8,578 230,523 SH Sole 230,523
Xcel Energy, Inc. Common 98389B100 1,908 90,000 SH Sole 90,000
Montpelier Re Holdings Ltd Common G62185106 154 9,189 SH Sole 9,189
Report Summary Data Records 59 141,944 0 other managers on whose behalf report is filed