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, 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 10/26/2010
---------------------------
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: $132,821 (in thousands)

List of Other Included Managers: NONE

FORM 13F INFORMATION TABLE



                                                                                                            VOTING AUTHORITY
                                                              VALUE   SHARES/  SH/ PUT/ INVSTMNT  OTHER   --------------------
NAME OF ISSUER                   TITLE OF CLASS    CUSIP    (x $1000) PRN AMT  PRN CALL DSCRETN  MANAGERS  SOLE   SHARED  NONE
-------------------------------- -------------- ----------- --------- -------- --- ---- -------- -------- ------- ------ -----
                                                                                        
AT&T Inc                         Common         00206R-10-2     2,864  100,160  SH        Sole            100,160
Abbott Laboratories              Common         002824-10-0    10,709  205,000  SH        Sole            205,000
Agilysys Inc                     Common         00847J-10-5     1,373  211,187  SH        Sole            211,187
Alliant Energy Corporation       Common         018802-10-8     4,445  122,200  SH        Sole            122,200
American Strategic Inc Port II   Common         030099-10-5       255   25,420  SH        Sole             25,420
BCE Inc                          Common         05534B-76-0       480   14,823  SH        Sole             14,823
BRE Properties Inc               Common         05564E-10-6       747   18,000  SH        Sole             18,000
Bank of America Corporation      Common         060505-10-4     1,833  140,000  SH        Sole            140,000
Bemis Company Inc                Common         081437-10-5       997   31,400  SH        Sole             31,400
Boeing Company                   Common         097023-10-5     4,990   75,000  SH        Sole             75,000
CF Industral Inc Holdings        Common         125269-10-0       291    3,046  SH        Sole              3,046
CIT Group Inc                    Common         125581-80-1     2,248   55,065  SH        Sole             55,065
Cincinnati Financial Corp        Common         172062-10-1     9,231  320,276  SH        Sole            320,276
ConocoPhillips                   Common         20825C-10-4       578   10,059  SH        Sole             10,059
Cummins Inc                      Common         231021-10-6     7,082   78,180  SH        Sole             78,180
Dean Foods Company               Common         242370-10-4        82    8,000  SH        Sole              8,000
Deere & Company                  Common         244199-10-5     1,396   20,000  SH        Sole             20,000
Del Monte Foods Co               Common         24522P-10-3       263   20,097  SH        Sole             20,097
Dow Chemical Company             Common         260543-10-3     4,670  170,000  SH        Sole            170,000
Duke Energy Corporation          Common         26441C-10-5     2,626  148,192  SH        Sole            148,192
Emerson Electric Co              Common         291011-10-4       664   12,600  SH        Sole             12,600
Exxon Mobil Corporation          Common         30231G-10-2     2,471   40,000  SH        Sole             40,000
Federal-Mogul Corporation        Common         313549-40-4       727   38,457  SH        Sole             38,457
Fidelity National Information    Common         31620M-10-6       265    9,758  SH        Sole              9,758
Fidelity NationalFinancial Inc   Common         31620R-10-5       349   22,201  SH        Sole             22,201
Frontier Communications Corp     Common         35906A-10-8       110   13,439  SH        Sole             13,439
Arthur J Gallagher & Co          Common         363576-10-9       272   10,321  SH        Sole             10,321
General Electric Company         Common         369604-10-3     4,471  275,000  SH        Sole            275,000
H J Heinz Company                Common         423074-10-3     2,132   45,000  SH        Sole             45,000
Honeywell International Inc      Common         438516-10-6     1,538   35,000  SH        Sole             35,000
Hospira Inc                      Common         441060-10-0       912   16,000  SH        Sole             16,000
Intel Corporation                Common         458140-10-0       768   40,000  SH        Sole             40,000
JPMorgan Chase & Co              Common         46625H-10-0     2,197   57,736  SH        Sole             57,736
Johnson & Johnson                Common         478160-10-4     1,860   30,000  SH        Sole             30,000
Medtronic Inc                    Common         585055-10-6       840   25,000  SH        Sole             25,000
Merck & Co Inc                   Common         58933Y-10-5       212    5,767  SH        Sole              5,767
Mirant Corporation               Common         60467R-10-0       282   28,342  SH        Sole             28,342
Newell Rubbermaid Inc            Common         651229-10-6       814   45,766  SH        Sole             45,766
Nicor Inc                        Common         654086-10-7     1,832   40,000  SH        Sole             40,000
Old Republic International Cor   Common         680223-10-4     3,528  254,690  SH        Sole            254,690
PepsiCo Inc                      Common         713448-10-8     1,328   20,000  SH        Sole             20,000
Pfizer Inc                       Common         717081-10-3       688   40,000  SH        Sole             40,000
Piper Jaffray Cos                Common         724078-10-0       242    8,329  SH        Sole              8,329
Procter & Gamble Company         Common         742718-10-9     4,559   76,000  SH        Sole             76,000
Progress Energy Inc              Common         743263-10-5       851   19,131  SH        Sole             19,131
QCR Holdings Inc                 Common         74727A-10-4       751   83,181  SH        Sole             83,181
Royal Dutch Shell ADR            Common         780259-20-6     2,412   40,000  SH        Sole             40,000
Schlumberger Limited             Common         806857-10-8     1,848   30,000  SH        Sole             30,000
Spectra Energy Corporation       Common         847560-10-9     2,121   94,096  SH        Sole             94,096
Treehouse Foods Inc              Common         89469A-10-4       445    9,652  SH        Sole              9,652
UAL Corporation                  Common         902549-80-7         1       51  SH        Sole                 51
U S Bancorp                      Common         902973-30-4    15,518  717,784  SH        Sole            717,784
Vectren Corporation              Common         92240G-10-1       691   26,658  SH        Sole             26,658
Verizon Communications Inc       Common         92343V-10-4     1,824   55,997  SH        Sole             55,997
Wells Fargo & Company            Common         949746-10-1     6,282  250,086  SH        Sole            250,086
Windstream Corporation           Common         97381W-10-4       159   12,942  SH        Sole             12,942
Wintrust Financial Corporation   Common         97650W-10-8     7,471  230,523  SH        Sole            230,523
Xcel Energy, Inc.                Common         98389B-10-0     2,067   90,000  SH        Sole             90,000
Montpelier Re Holdings Ltd       Common         G62185-10-6       159    9,189  SH        Sole              9,189
Report Summary                        Data Records 59         132,821           0 other managers on whose behalf
                                                                                  report is filed