UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: September 30, 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 10/28/2009 ------------------------------------- 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: $125,251 (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 2,705 100,160 SH Sole 100,160 Abbott Laboratories Common 002824100 10,141 205,000 SH Sole 205,000 Agilysys Inc Common 00847J105 1,655 251,187 SH Sole 251,187 Alliant Energy Corporation Common 018802108 3,403 122,200 SH Sole 122,200 American Strategic Inc Port II Common 030099105 260 25,420 SH Sole 25,420 BCE Inc Common 05534B760 366 14,823 SH Sole 14,823 BRE Properties Inc Common 05564E106 563 18,000 SH Sole 18,000 Bank of America Corporation Common 060505104 2,369 140,000 SH Sole 140,000 Bemis Company Inc Common 081437105 814 31,400 SH Sole 31,400 Boeing Company Common 097023105 4,061 75,000 SH Sole 75,000 Burlington Northern Santa Fe Common 12189T104 1,290 16,158 SH Sole 16,158 Cincinnati Financial Corp Common 172062101 8,324 320,276 SH Sole 320,276 ConocoPhillips Common 20825C104 454 10,059 SH Sole 10,059 Cummins Inc Common 231021106 3,503 78,180 SH Sole 78,180 Dean Foods Company Common 242370104 142 8,000 SH Sole 8,000 Deere & Company Common 244199105 858 20,000 SH Sole 20,000 Del Monte Foods Co Common 24522P103 233 20,097 SH Sole 20,097 Dow Chemical Company Common 260543103 4,432 170,000 SH Sole 170,000 Duke Energy Corporation Common 26441C105 2,333 148,192 SH Sole 148,192 Emerson Electric Co Common 291011104 505 12,600 SH Sole 12,600 Exxon Mobil Corporation Common 30231G102 2,744 40,000 SH Sole 40,000 Federal-Mogul Corporation Common 313549404 826 68,457 SH Sole 68,457 Fidelity National Information Common 31620M106 249 9,758 SH Sole 9,758 Fidelity NationalFinancial Inc Common 31620R105 335 22,201 SH Sole 22,201 Arthur J Gallagher & Co Common 363576109 252 10,321 SH Sole 10,321 General Electric Company Common 369604103 4,516 275,000 SH Sole 275,000 H J Heinz Company Common 423074103 1,789 45,000 SH Sole 45,000 Honeywell International Inc Common 438516106 1,300 35,000 SH Sole 35,000 Hospira Inc Common 441060100 714 16,000 SH Sole 16,000 Intel Corporation Common 458140100 783 40,000 SH Sole 40,000 JPMorgan Chase & Co Common 46625H100 2,530 57,736 SH Sole 57,736 Johnson & Johnson Common 478160104 1,827 30,000 SH Sole 30,000 Medtronic Inc Common 585055106 920 25,000 SH Sole 25,000 Mirant Corporation Common 60467R100 466 28,342 SH Sole 28,342 Newell Rubbermaid Inc Common 651229106 718 45,766 SH Sole 45,766 Nicor Inc Common 654086107 1,464 40,000 SH Sole 40,000 Old Republic International Cor Common 680223104 3,102 254,690 SH Sole 254,690 Owens Corning Inc Common 690742101 2,259 100,644 SH Sole 100,644 Penwest Pharmaceuticals Co. Common 709754105 63 30,000 SH Sole 30,000 PepsiCo Inc Common 713448108 1,173 20,000 SH Sole 20,000 Pfizer Inc Common 717081103 662 40,000 SH Sole 40,000 Piper Jaffray Cos Common 724078100 397 8,329 SH Sole 8,329 Procter & Gamble Company Common 742718109 4,402 76,000 SH Sole 76,000 Progress Energy Inc Common 743263105 747 19,131 SH Sole 19,131 QCR Holdings Inc Common 74727A104 848 83,181 SH Sole 83,181 Royal Dutch Shell ADR Common 780259206 2,288 40,000 SH Sole 40,000 Schering-Plough Corporation Common 806605101 283 10,000 SH Sole 10,000 Schlumberger Limited Common 806857108 1,788 30,000 SH Sole 30,000 Spectra Energy Corporation Common 847560109 1,782 94,096 SH Sole 94,096 Terra Industries Inc. Common 880915103 1,108 31,969 SH Sole 31,969 Treehouse Foods Inc Common 89469A104 344 9,652 SH Sole 9,652 U S Bancorp Common 902973304 16,347 747,784 SH Sole 747,784 Vectren Corporation Common 92240G101 614 26,658 SH Sole 26,658 Verizon Communications Inc Common 92343V104 1,695 55,997 SH Sole 55,997 Wells Fargo & Company Common 949746101 7,047 250,086 SH Sole 250,086 Windstream Corporation Common 97381W104 131 12,942 SH Sole 12,942 Wintrust Financial Corporation Common 97650W108 6,445 230,523 SH Sole 230,523 Xcel Energy, Inc. Common 98389B100 1,732 90,000 SH Sole 90,000 Montpelier Re Holdings Ltd Common G62185106 150 9,189 SH Sole 9,189 Report Summary Data Records 59 125,251 0 other managers on whose behalf report is filed