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, 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 2/1/2011
------------------------------------- -------------------------- -----------
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: 60
Form 13F Information Table Value Total: $146,475 (in thousands)
List of Other Included Managers: NONE
FORM 13F INFORMATION TABLE
TITLE VOTING AUTHORITY
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 00206R-10-2 2,942 100,160 SH Sole 100,160
Abbott Laboratories Common 002824-10-0 9,822 205,000 SH Sole 205,000
AbitibiBowater, Inc Common 003687-20-9 838 35,406 SH Sole 35,406
Agilysys Inc Common 00847J-10-5 1,190 211,187 SH Sole 211,187
Alliant Energy Corporation Common 018802-10-8 4,495 122,200 SH Sole 122,200
American Strategic Common 030099-10-5 237 50,840 SH Sole 50,840
BCE Inc Common 05534B-76-0 526 14,823 SH Sole 14,823
BRE Properties Inc Common 05564E-10-6 783 18,000 SH Sole 18,000
Bank of America Corporation Common 060505-10-4 1,869 140,000 SH Sole 140,000
Bemis Company Inc Common 081437-10-5 1,026 31,400 SH Sole 31,400
Boeing Company Common 097023-10-5 4,895 75,000 SH Sole 75,000
CF Industral Inc Holdings Common 125269-10-0 412 3,046 SH Sole 3,046
CIT Group Inc Common 125581-80-1 2,594 55,065 SH Sole 55,065
Cincinnati Financial Corp Common 172062-10-1 10,150 320,276 SH Sole 320,276
ConocoPhillips Common 20825C-10-4 685 10,059 SH Sole 10,059
Cummins Inc Common 231021-10-6 8,600 78,180 SH Sole 78,180
Dean Foods Company Common 242370-10-4 71 8,000 SH Sole 8,000
Deere & Company Common 244199-10-5 1,661 20,000 SH Sole 20,000
Del Monte Foods Co Common 24522P-10-3 378 20,097 SH Sole 20,097
Dow Chemical Company Common 260543-10-3 5,803 170,000 SH Sole 170,000
Duke Energy Corporation Common 26441C-10-5 2,639 148,192 SH Sole 148,192
Emerson Electric Co Common 291011-10-4 721 12,600 SH Sole 12,600
Exxon Mobil Corporation Common 30231G-10-2 2,925 40,000 SH Sole 40,000
Federal-Mogul Corporation Common 313549-40-4 794 38,457 SH Sole 38,457
Fidelity National Information Common 31620M-10-6 267 9,758 SH Sole 9,758
Fidelity NationalFinancial Inc Common 31620R-10-5 303 22,201 SH Sole 22,201
Frontier Communications Corp Common 35906A-10-8 130 13,439 SH Sole 13,439
Arthur J Gallagher & Co Common 363576-10-9 300 10,321 SH Sole 10,321
General Electric Company Common 369604-10-3 5,030 275,000 SH Sole 275,000
GenOn Energy Inc Common 37244E-10-7 305 80,347 SH Sole 80,347
H J Heinz Company Common 423074-10-3 2,226 45,000 SH Sole 45,000
Honeywell International Inc Common 438516-10-6 1,861 35,000 SH Sole 35,000
Hospira Inc Common 441060-10-0 892 16,000 SH Sole 16,000
Intel Corporation Common 458140-10-0 840 40,000 SH Sole 40,000
JPMorgan Chase & Co Common 46625H-10-0 2,449 57,736 SH Sole 57,736
Johnson & Johnson Common 478160-10-4 1,857 30,000 SH Sole 30,000
Medtronic Inc Common 585055-10-6 927 25,000 SH Sole 25,000
Merck & Co Inc Common 58933Y-10-5 208 5,767 SH Sole 5,767
Newell Rubbermaid Inc Common 651229-10-6 832 45,766 SH Sole 45,766
Nicor Inc Common 654086-10-7 1,997 40,000 SH Sole 40,000
Old Republic International Cor Common 680223-10-4 3,472 254,690 SH Sole 254,690
PepsiCo Inc Common 713448-10-8 1,306 20,000 SH Sole 20,000
Pfizer Inc Common 717081-10-3 700 40,000 SH Sole 40,000
Piper Jaffray Cos Common 724078-10-0 291 8,329 SH Sole 8,329
Procter & Gamble Company Common 742718-10-9 4,888 76,000 SH Sole 76,000
Progress Energy Inc Common 743263-10-5 833 19,131 SH Sole 19,131
QCR Holdings Inc Common 74727A-10-4 594 83,181 SH Sole 83,181
Royal Dutch Shell ADR Common 780259-20-6 2,672 40,000 SH Sole 40,000
Schlumberger Limited Common 806857-10-8 2,505 30,000 SH Sole 30,000
Spectra Energy Corporation Common 847560-10-9 2,353 94,096 SH Sole 94,096
Treehouse Foods Inc Common 89469A-10-4 493 9,652 SH Sole 9,652
U S Bancorp Common 902973-30-4 19,358 717,784 SH Sole 717,784
United Continental Holdings Inc Common 910047-10-9 1 51 SH Sole 51
Vectren Corporation Common 92240G-10-1 676 26,658 SH Sole 26,658
Verizon Communications Inc Common 92343V-10-4 2,004 55,997 SH Sole 55,997
Wells Fargo & Company Common 949746-10-1 7,753 250,086 SH Sole 250,086
Windstream Corporation Common 97381W-10-4 180 12,942 SH Sole 12,942
Wintrust Financial Corporation Common 97650W-10-8 7,614 230,523 SH Sole 230,523
Xcel Energy, Inc. Common 98389B-10-0 2,119 90,000 SH Sole 90,000
Montpelier Re Holdings Ltd Common G62185-10-6 183 9,189 SH Sole 9,189
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Report Summary Data Records 60 146,475 0 other managers on whose behalf report is filed