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, 2007
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: Vice President & Chief Financial Officer
Phone: 319-399-5723
Signature, Place and Date of Signing:
/s/ Dianne M. Lyons Cedar Rapids, IA 10/19/2007
---------------------------
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: 65
Form 13F Information Table Value Total: $186,651 (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
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AT&T Inc Common 00206R102 4,238 100,160 SH Sole 100,160
Abbott Laboratories Common 002824100 9,384 175,000 SH Sole 175,000
Agilysys Inc Common 00847J105 5,707 337,666 SH Sole 337,666
Alliant Energy Corporation Common 018802108 4,683 122,200 SH Sole 122,200
ALLTEL Corporation Common 020039103 872 12,518 SH Sole 12,518
American Strategic Inc Port II Common 030099105 285 25,420 SH Sole 25,420
Anheuser-Busch Companies Inc Common 035229103 200 4,000 SH Sole 4,000
BCE Inc Common 05534B760 594 14,823 SH Sole 14,823
BRE Properties Inc Common 05564E106 1,007 18,000 SH Sole 18,000
Bank of America Corporation Common 060505104 7,038 140,000 SH Sole 140,000
Bemis Company Inc Common 081437105 914 31,400 SH Sole 31,400
Boeing Company Common 097023105 3,675 35,000 SH Sole 35,000
Burlington Northern Santa Fe Common 12189T104 1,312 16,158 SH Sole 16,158
Cincinnati Financial Corp Common 172062101 13,871 320,276 SH Sole 320,276
Conoco Phillips Common 20825C104 883 10,059 SH Sole 10,059
Cummins Inc Common 231021106 4,999 39,090 SH Sole 39,090
Dean Foods Company Common 242370104 1,235 48,261 SH Sole 48,261
Del Monte Foods Co Common 24522P103 211 20,097 SH Sole 20,097
Dow Chemical Company Common 260543103 6,028 140,000 SH Sole 140,000
Duke Energy Corporation Common 26441C105 2,770 148,192 SH Sole 148,192
Emerson Electric Co Common 291011104 671 12,600 SH Sole 12,600
Exxon Mobil Corporation Common 30231G102 3,702 40,000 SH Sole 40,000
Fidelity National Information Common 31620R106 433 9,758 SH Sole 9,758
Fidelity National Financial In Common 31620R105 388 22,201 SH Sole 22,201
Arthur J Gallagher & Co Common 363576109 299 10,321 SH Sole 10,321
General Electric Company Common 369604103 9,936 240,000 SH Sole 240,000
Great Plains Energy Inc Common 391164100 570 19,787 SH Sole 19,787
Greater Bay Bancorp Common 391648102 556 20,000 SH Sole 20,000
H J Heinz Company Common 423074103 2,079 45,000 SH Sole 45,000
Honeywell International Inc Common 438516106 2,081 35,000 SH Sole 35,000
Hospira Inc Common 441060100 663 16,000 SH Sole 16,000
IDEARC Inc Common 451663108 88 2,799 SH Sole 2,799
Intel Corporation Common 458140100 1,034 40,000 SH Sole 40,000
JPMorgan Chase & Co Common 46625H100 2,645 57,736 SH Sole 57,736
Johnson & Johnson Common 478160104 1,971 30,000 SH Sole 30,000
Keycorp Common 493267108 1,132 35,000 SH Sole 35,000
Mirant Corporation Common 60467R100 1,153 28,342 SH Sole 28,342
Newell Rubbermaid Inc Common 651229106 1,319 45,766 SH Sole 45,766
Nicor Inc Common 654086107 1,716 40,000 SH Sole 40,000
Old Republic International Cor Common 680223104 4,211 224,690 SH Sole 224,690
Owens Corning Inc Common 690742101 5,026 200,644 SH Sole 200,644
Penwest Pharmaceuticals Co. Common 709754105 330 30,000 SH Sole 30,000
PepsiCo Inc Common 713448108 1,465 20,000 SH Sole 20,000
Pfizer Inc Common 717081103 977 40,000 SH Sole 40,000
Piper Jaffray Cos Common 724078100 446 8,329 SH Sole 8,329
Procter & Gamble Company Common 742718109 5,346 76,000 SH Sole 76,000
Progress Energy Inc Common 743263105 896 19,131 SH Sole 19,131
QCR Holdings Inc Common 74727A104 1,206 83,181 SH Sole 83,181
Royal Dutch Shell ADR Common 780259206 2,465 30,000 SH Sole 30,000
SAFECO Corporation Common 786429100 2,850 46,550 SH Sole 46,550
Schering-Plough Corporation Common 806605101 316 10,000 SH Sole 10,000
Spectra Energy Corporation Common 847560109 1,814 74,096 SH Sole 74,096
TXU Corporation Common 873168108 4,108 60,000 SH Sole 60,000
Terra Industries Inc. Common 880915103 1,781 56,969 SH Sole 56,969
Treehouse Foods Inc Common 89469A104 261 9,652 SH Sole 9,652
UAL Corporation Common 902549807 633 13,608 SH Sole 13,608
U S Bancorp Common 902973304 24,992 768,284 SH Sole 768,284
Vectren Corporation Common 92240G101 727 26,658 SH Sole 26,658
Verizon Communications Inc Common 92343V104 2,480 55,997 SH Sole 55,997
Wachovia Corporation Common 929903102 1,505 30,008 SH Sole 30,008
Wells Fargo & Company Common 949746101 8,348 234,352 SH Sole 234,352
Windstream Corporation Common 97381W104 183 12,942 SH Sole 12,942
Wintrust Financial Corporation Common 97650W108 9,841 230,523 SH Sole 230,523
Xcel Energy Inc. Common 98389B100 1,939 90,000 SH Sole 90,000
Montpelier Re Holdings Ltd Common G62185106 163 9,189 SH Sole 9,189
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Report Summary Data Records 65 186,651 0 other managers on whose behalf report is filed