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, 2002 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 Ave., S.E. Cedar Rapids, IA 52407 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: Dianne M. Lyons Title: Controller Phone: 319-399-5723 Signature, Place and Date of Signing: /s/ Dianne M. Lyons Cedar Rapids IA 05-15-02 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: 94 Form 13F Information Table Value Total: $ 118,047 (in thousands) List of Other Included Managers: NONE FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMNT OTHER --VOTING AUTHORITY-- NAME OF ISSUER TITLE OF CLASS CUSIP (x $1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------------------------------------------------------------------------------------------------------------ AOL Time Warner Inc Common 00184a-10-5 $ 173 7,300 SH Defined 7,300 Abbott Laboratories Common 002824-10-0 6,312 120,000 SH Sole 120,000 Alderwoods Group Inc Common 014383-10-3 342 38,421 SH Sole 38,421 Alliant Energy Corporation Common 018802-10-8 604 20,000 SH Sole 20,000 Alliant Energy Corporation Common 018802-10-8 973 32,200 SH Sole 32,200 ALLTEL Corporation Common 020039-10-3 140 2,518 SH Sole 2,518 American Express Co Common 025816-10-9 335 8,175 SH Defined 8,175 American Strategic Inc Port II Common 030099-10-5 325 25,420 SH Sole 25,420 Anheuser-Busch Companies Inc Common 035229-10-3 209 4,000 SH Sole 4,000 Applied Materials Inc Common 038222-10-5 415 7,650 SH Defined 7,650 Automatic Data Processing Common 053015-10-3 297 5,100 SH Defined 5,100 BCE Inc Common 05534B-10-9 285 16,200 SH Sole 16,200 BRE Properties Inc Common 05564E-10-6 585 18,000 SH Sole 18,000 Bank of America Corporation Common 060505-10-4 4,421 65,000 SH Sole 65,000 Bank One Corporation Common 06423A-10-3 1,827 43,740 SH Sole 43,740 Bell South Corporation Common 079860-10-2 590 16,000 SH Sole 16,000 Bemis Company Inc Common 081437-10-5 473 8,700 SH Sole 8,700 Boeing Company Common 097023-10-5 1,448 30,000 SH Sole 30,000 Boeing Company Common 097023-10-5 241 5,000 SH Sole 5,000 Burlington Northern Santa Fe Common 12189T-10-4 488 16,158 SH Sole 16,158 Burlington Resources Inc Common 122014-10-3 280 6,972 SH Sole 6,972 CVS Corp Delaware Common 126650-10-0 242 7,050 SH Defined 7,050 Cincinnati Financial Corp Common 172062-10-1 12,683 290,500 SH Sole 290,500 Citigroup Inc Common 172967-10-1 293 5,916 SH Defined 5,916 Compaq Computer Corp Common 204493-10-0 64 6,150 SH Defined 6,150 Cummins Inc Common 231021-10-6 236 5,000 SH Sole 5,000 Cummins Inc Common 231021-10-6 687 14,545 SH Sole 14,545 Dean Foods Company Common 242370-10-4 1,218 16,087 SH Sole 16,087 Dow Chemical Company Common 260543-10-3 1,963 60,000 SH Sole 60,000 Duke Energy Corporation Common 264399-10-6 3,024 80,000 SH Sole 80,000 Eastman Chemical Company Common 277432-10-0 244 5,000 SH Sole 5,000 Eastman Kodak Company Common 277461-10-9 623 20,000 SH Sole 20,000 Electronic Data Sys Common 285661-10-4 235 4,050 SH Defined 4,050 Emerson Electric Co Common 291011-10-4 362 6,300 SH Sole 6,300 Exxon Mobil Corporation Common 30231G-10-2 1,753 40,000 SH Sole 40,000 Exxon Mobil Corp Common 30231G-10-2 249 5,675 SH Defined 5,675 Fannie Mae Common 313586-10-9 268 3,350 SH Defined 3,350 Federal Signal Corporation Common 313855-10-8 1,776 74,864 SH Sole 74,864 Ford Motor Company Common 345370-86-0 495 30,000 SH Sole 30,000 Arthur J Gallagher & Co Common 363576-10-9 338 10,321 SH Sole 10,321 General Electric Company Common 369604-10-3 6,741 180,000 SH Sole 180,000 General Elec Co Common 369604-10-3 279 7,450 SH Defined 7,450 H J Heinz Company Common 423074-10-3 1,868 45,000 SH Sole 45,000 Honeywell International Inc Common 438516-10-6 957 25,000 SH Sole 25,000 Honeywell International Inc Common 438516-10-6 222 5,793 SH Defined 5,793 Intel Corp Common 458140-10-0 324 10,650 SH Defined 10,650 J P Morgan Chase & Co Common 46625h-10-0 244 6,850 SH Defined 6,850 Johnson & Johnson Common 478160-10-4 383 5,900 SH Defined 5,900 Lucent Technologies Common 549463-10-7 14 2,900 SH Defined 2,900 Merck & Co Inc Common 589331-10-7 230 4,000 SH Defined 4,000 Merrill Lynch & Co Inc Common 590188-10-8 325 5,875 SH Defined 5,875 Motorola Inc Common 620076-10-9 852 60,000 SH Sole 60,000 Newell Rubbermaid Inc Common 651229-10-6 504 15,766 SH Sole 15,766 Nicor Inc Common 654086-10-7 911 20,000 SH Sole 20,000 Nokia Corp Common 654902-20-4 175 8,425 SH Defined 8,425 Nortel Networks Corporation Common 656568-10-2 114 25,440 SH Sole 25,440 Ohio Casualty Corporation Common 677240-10-3 189 10,000 SH Sole 10,000 Old Republic International Cor Common 680223-10-4 2,979 93,168 SH Sole 93,168 PPG Industries Common 693506-10-7 220 4,000 SH Sole 4,000 Penford Corporation Common 707051-10-8 322 20,000 SH Sole 20,000 Penwest Pharmaceuticals Co. Common 709754-10-5 582 30,000 SH Sole 30,000 PepsiCo Inc Common 713448-10-8 515 10,000 SH Sole 10,000 Pfizer Common 717081-10-3 232 5,850 SH Defined 5,850 Pioneer-Standard Electronics Common 723877-10-6 3,271 231,187 SH Sole 231,187 Pioneer-Standard Electronics Common 723877-10-6 685 48,384 SH Sole 48,384 Procter & Gamble Company Common 742718-10-9 2,523 28,000 SH Sole 28,000 Progress Energy Inc Common 743263-10-5 957 19,131 SH Sole 19,131 QCR Holdings Inc Common 74727A-10-4 591 45,454 SH Sole 45,454 Royal Bank of Scotland Group Series C Preferred 780097-40-8 25 1,000 SH Sole 1,000 SBC Communications Inc Common 78387G-10-3 2,956 78,960 SH Sole 78,960 SBC Communications Inc Common 78387g-10-3 170 4,550 SH Defined 4,550 SAFECO Corporation Common 786429-10-0 1,282 40,000 SH Sole 40,000 SAFECO Corporation Common 786429-10-0 210 6,550 SH Sole 6,550 Safeway Inc Common 786514-20-8 231 5,125 SH Defined 5,125 St Paul Companies Inc Common 792860-10-8 459 10,000 SH Sole 10,000 St Paul Companies Inc Common 792860-10-8 540 11,774 SH Sole 11,774 Schering Plough Corp Common 806605-10-1 207 6,600 SH Defined 6,600 Shopko Stores Inc Common 824911-10-1 362 20,000 SH Sole 20,000 TXU Corporation Common 873168-10-8 1,635 30,000 SH Sole 30,000 Tellabs Inc Common 879664-10-0 223 21,300 SH Defined 21,300 Texas Instruments Common 882508-10-4 311 9,400 SH Defined 9,400 TPG NV Common 892339-10-2 85 4,034 SH Sole 4,034 Tricon Global Restaurants Inc Common 895953-10-7 59 1,000 SH Sole 1,000 U S Bancorp Common 902973-30-4 17,687 783,632 SH Sole 783,632 U S Bancorp Common 902973-30-4 1,372 60,784 SH Sole 60,784 US Bancorp Common 902973-30-4 258 11,450 SH Defined 11,450 Vectren Corporation Common 92240G-10-1 685 26,658 SH Sole 26,658 Verizon Communications Inc Common 92343V-10-4 738 16,000 SH Sole 16,000 Verizon Communications Inc Common 92343V-10-4 952 20,648 SH Sole 20,648 Wachovia Corporation Common 929903-10-2 1,113 30,008 SH Sole 30,008 Wells Fargo & Company Common 949746-10-1 5,788 117,176 SH Sole 117,176 Western Resources Inc Common 959425-10-9 172 10,000 SH Sole 10,000 Wintrust Financial Corporation Common 97650W-10-8 5,295 230,523 SH Sole 230,523 Xcel Energy Inc. Common 98389B-10-0 507 20,000 SH Sole 20,000 ------------------------------------------------------------------------------------------------------------------------------------ Report Summary 94 Data Records $ 118,047 0 other managers on whose behalf report is filed