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, 2004
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 05-14-2004
--------------------------------
Dianne M. Lyons
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: 71
Form 13F Information Table Value Total: $ 130,743 (in thousands)
List of Other Included Managers: NONE
FORM 13F INFORMATION TABLE
TITLE OF VALUE SHARES/ SH/ PUT/ INVSTMNT OTHER ----VOTING AUTHORITY----
NAME OF ISSUER CLASS CUSIP (x $1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
====================================================================================================================================
Abbott Laboratories Common 002824 10 0 6,576 160,000 SH Sole 160,000
Agilysys Inc Common 00847J 10 5 2,726 231,187 SH Sole 231,187
Agilysys Inc Common 00847J 10 5 570 48,384 SH Sole 48,384
Alderwoods Group Inc Common 014383 10 3 399 38,421 SH Sole 38,421
Alliant Energy Corporation Common 018802 10 8 1,042 40,000 SH Sole 40,000
Alliant Energy Corporation Common 018802 10 8 2,142 82,200 SH Sole 82,200
ALLTEL Corporation Common 020039 10 3 499 10,000 SH Sole 10,000
ALLTEL Corporation Common 020039 10 3 126 2,518 SH Sole 2,518
ALLTEL Corporation Common 020039 82 2 507 10,000 SH Sole 10,000
Ameren Corporation Common 023608 20 1 699 25,000 SH Sole 25,000
American Strategic Inc Port II Common 030099 10 5 356 25,420 SH Sole 25,420
Anheuser-Busch Companies Inc Common 035229 10 3 204 4,000 SH Sole 4,000
BCE Inc Common 05534B 10 9 341 16,200 SH Sole 16,200
BRE Properties Inc Common 05564E 10 6 618 18,000 SH Sole 18,000
Bank of America Corporation Common 060505 10 4 5,669 70,000 SH Sole 70,000
Bank One Corporation Common 06423A 10 3 2,385 43,740 SH Sole 43,740
Bell South Corporation Common 079860 10 2 443 16,000 SH Sole 16,000
Bemis Company Inc Common 081437 10 5 816 31,400 SH Sole 31,400
Boeing Company Common 097023 10 5 1,232 30,000 SH Sole 30,000
Boeing Company Common 097023 10 5 205 5,000 SH Sole 5,000
Burlington Northern Santa Fe Common 12189T 10 4 509 16,158 SH Sole 16,158
Burlington Resources Inc Common 122014 10 3 444 6,972 SH Sole 6,972
Cincinnati Financial Corp Common 172062 10 1 12,622 290,500 SH Sole 290,500
Cummins Inc Common 231021 10 6 292 5,000 SH Sole 5,000
Cummins Inc Common 231021 10 6 850 14,545 SH Sole 14,545
Dean Foods Company Common 242370 10 4 1,612 48,261 SH Sole 48,261
Del Monte Foods Co Common 24522P 10 3 226 20,097 SH Sole 20,097
Dow Chemical Company Common 260543 10 3 2,417 60,000 SH Sole 60,000
Duke Energy Corporation Common 264399 10 6 1,808 80,000 SH Sole 80,000
Duquesne Light Holdings Inc Common 266233 10 5 975 50,000 SH Sole 50,000
Emerson Electric Co Common 291011 10 4 377 6,300 SH Sole 6,300
Exxon Mobil Corporation Common 30231G 10 2 1,664 40,000 SH Sole 40,000
Federal Signal Corporation Common 313855 10 8 1,486 74,864 SH Sole 74,864
Fidelity National Financial In Common 316326 10 7 719 18,158 SH Sole 18,158
Arthur J Gallagher & Co Common 363576 10 9 336 10,321 SH Sole 10,321
General Electric Company Common 369604 10 3 6,409 210,000 SH Sole 210,000
Greater Bay Bancorp Common 391648 10 2 585 20,000 SH Sole 20,000
H J Heinz Company Common 423074 10 3 1,678 45,000 SH Sole 45,000
Honeywell International Inc Common 438516 10 6 846 25,000 SH Sole 25,000
Intel Corporation Common 458140 10 0 272 10,000 SH Sole 10,000
Johnson & Johnson Common 478160 10 4 1,522 30,000 SH Sole 30,000
Newell Rubbermaid Inc Common 651229 10 6 830 35,766 SH Sole 35,766
Nicor Inc Common 654086 10 7 1,057 30,000 SH Sole 30,000
Ohio Casualty Corporation Common 677240 10 3 200 10,000 SH Sole 10,000
Old Republic International Cor Common 680223 10 4 4,169 169,752 SH Sole 169,752
Penford Corporation Common 707051 10 8 333 20,000 SH Sole 20,000
Penwest Pharmaceuticals Co. Common 709754 10 5 438 30,000 SH Sole 30,000
PepsiCo Inc Common 713448 10 8 1,077 20,000 SH Sole 20,000
Piper Jaffray Cos Common 724078 10 0 418 7,722 SH Sole 7,722
Piper Jaffray Cos Common 724078 10 0 33 607 SH Sole 607
Procter & Gamble Company Common 742718 10 9 2,937 28,000 SH Sole 28,000
Progress Energy Inc Common 743263 10 5 901 19,131 SH Sole 19,131
QCR Holdings Inc Common 74727A 10 4 1,318 45,454 SH Sole 45,454
Royal Dutch Petroleum Company Common 780257 80 4 952 20,000 SH Sole 20,000
SBC Communications Inc Common 78387G 10 3 1,938 78,960 SH Sole 78,960
SAFECO Corporation Common 786429 10 0 1,725 40,000 SH Sole 40,000
SAFECO Corporation Common 786429 10 0 282 6,550 SH Sole 6,550
Schering-Plough Corporation Common 806605 10 1 162 10,000 SH Sole 10,000
Sempra Energy Common 816851 20 8 730 25,000 SH Sole 25,000
Shopko Stores Inc Common 824911 10 1 292 20,000 SH Sole 20,000
TXU Corporation Common 873168 10 8 860 30,000 SH Sole 30,000
TPG NV Common 892339 10 2 85 4,034 SH Sole 4,034
U S Bancorp Common 902973 30 4 20,973 758,500 SH Sole 758,500
U S Bancorp Common 902973 30 4 1,681 60,784 SH Sole 60,784
Vectren Corporation Common 92240G 10 1 658 26,658 SH Sole 26,658
Verizon Communications Inc Common 92343V 10 4 585 16,000 SH Sole 16,000
Verizon Communications Inc Common 92343V 10 4 754 20,648 SH Sole 20,648
Wachovia Corporation Common 929903 10 2 1,410 30,008 SH Sole 30,008
Wells Fargo & Company Common 949746 10 1 6,640 117,176 SH Sole 117,176
Wintrust Financial Corporation Common 97650W 10 8 11,210 230,523 SH Sole 230,523
Xcel Energy, Inc. Common 98389B 10 0 891 50,000 SH Sole 50,000
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Report Summary 71 Data Records $ 130,743 0 other managers on whose behalf report is filed