8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 18, 2011

United Fire & Casualty Company
(Exact name of registrant as specified in its charter)

Iowa	001-34257	42-0644327
(State or other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

118 Second Avenue, S.E., Cedar Rapids, Iowa	52407
(Address of Principal Executive Offices)	(Zip Code)

Registrant’s telephone number, including area code: (319) 399-5700

(Former name or former address if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.07. Submission of Matters to a Vote of Security Holders.

Our 2011 Annual Meeting of Stockholders was held on May 18, 2011 in Cedar Rapids, Iowa. Represented at the meeting, in person or by proxy, were 21,085,605 shares constituting approximately 80.49 percent of the issued and outstanding shares entitled to vote as of the close of business on March 21, 2011. The following proposals were adopted by the margins indicated.

Proposal 1: Election of four Class A directors for a term of three years or until such time as their respective successors has been elected.

		Number of Shares
						Broker
		Votes For		Votes Withheld		Non-Votes
Douglas M. Hultquist	Class A Director		18,243,987		1,034,921		1,806,697
Casey D. Mahon	Class A Director		18,280,778		998,130		1,806,697
Randy A. Ramlo	Class A Director		18,298,059		980,849		1,806,697
Frank S. Wilkinson Jr.	Class A Director		19,150,144		128,764		1,806,697

Proposal 2: Ratification of the appointment of our independent registered public accounting firm, Ernst & Young, LLP.

	Number of Shares
			Votes		Votes		Broker
	Votes For		Against		Abstained		Non-Votes
Appointment of Ernst & Young, LLP		19,997,752		1,094,765		13,088		—

Proposal 3: Amendment of United Fire & Casualty Company’s 2005 Non-Qualified Non-Employee Director Stock Option and Restricted Stock Plan.

	Number of Shares
			Votes		Votes		Broker
	Votes For		Against		Abstained		Non-Votes
Amendment of United Fire & Casualty Company’s 2005 Non-Qualified Non-Employee Director Stock Option Plan		11,252,152		7,986,818		39,938		1,806,697

Proposal 4: Approval of a resolution approving executive compensation.

	Number of Shares
			Votes		Votes		Broker
	Votes For		Against		Abstained		Non-Votes
Advisory vote on executive compensation		18,146,308		1,086,063		46,537		1,806,697

Proposal 5: Selection of the frequency of stockholder votes on executive compensation.

	Number of Shares
							Votes		Broker
	One Year		Two Years		Three Years		Abstained		Non-Votes
Advisory vote on the frequency of stockholder votes on executive compensation.		9,787,610		204,436		9,217,884		68,978		1,806,697

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Item 7.01. Regulation FD Disclosure.

On May 18, 2011, United Fire & Casualty Company held its annual stockholders’ meeting at which the Stockholder Presentation attached as Exhibit 99.1 was used. The information in this Item 7.01 and Exhibit 99.1 is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933.

Item 8.01. Other Events

At the meeting of the Board of Directors of United Fire & Casualty Company held on May 18, 2011, the directors approved an extension of United Fire’s existing share repurchase program, authorizing the purchase of an additional 1 million shares of the Company’s common stock and extending the program expiration date two years, to August 2013. The amount and timing of any purchases under this program is at the Company’s discretion. Also at its May18 meeting, the Board of Directors declared a $0.15 per share quarterly dividend which will be paid June 15, 2011 to common stock shareholders of record as of June 1, 2011.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

The following exhibits are furnished herewith.

Exhibit
Number	Exhibit Description
99.1	Stockholder Presentation from annual stockholders’ meeting on May 18, 2011.
99.2	Press Release, dated May 18, 2011, regarding our annual stockholders’ meeting.

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

United Fire & Casualty Company

(Registrant)

May 19, 2011

(Date)

/s/ Randy A. Ramlo

Randy A. Ramlo, President and Chief Executive Officer

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EXHIBIT INDEX

Exhibit
Number	Exhibit Description
99.1	Stockholder Presentation from annual stockholders’ meeting on May 18, 2011.
99.2	Press Release, dated May 18, 2011, regarding our annual stockholders’ meeting.

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EX-99.1

Exhibit 99.1

protecting dreams

Randy Ramlo, President & CEO annual shareholders meeting 05.18.2011

2010 vs. 2009 financial highlights annual shareholders meeting 05.18.2011 2010 2009 Losses 52.3% 65.5% ALAE 8.9% 10.0% ULAE 7.7% 8.4% U/W Expense 31.0% 30.3% Combined 99.9% 114.2% NUMBERS PRESENTED ON A STATUTORY BASIS

2010 United Life Highlights Net Income: $12,787,000 Dividend to United Fire: $15,000,000 Life premium growth 2010 over 2009 14.6% Named to Ward's 50 Life & Health Insurance Companies fifth consecutive year financial highlights annual shareholders meeting 05.18.2011 NUMBERS PRESENTED IN GAAP

Book Value Per Share financial highlights annual shareholders meeting 05.18.2011 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 3.31.11 7.14 7.88 9.64 10.62 12.92 12.70 11.82 12.83 13.90 14.47 18.62 22.46 21.20 24.62 27.63 24.10 25.35 27.35 27.42 (Adjusted for Splits)

UFG Investment Portfolio financial highlights annual shareholders meeting 05.18.2011 as of 12/31/2010 NOTE: 93% of Municipal Bond Holdings rated "A" or better. (CHART)

First Quarter 2011 financial highlights annual shareholders meeting 05.18.2011 Net Loss Ratio (including Loss Expenses) 58.2% Catastrophe Effect on Loss Ratio 12.2% Underwriting Expense Ratio 36.1% Combined Ratio 106.5% 03.31.11 NUMBERS PRESENTED IN GAAP

financial highlights annual shareholders meeting 05.18.2011 PHOTO By U.S. Navy photo by Mass Communication Specialist 1st Class Matthew M. Bradley [Public domain], via Wikimedia Commons

financial highlights annual shareholders meeting 05.18.2011 PHOTO By Greg O'Beirne via Wikimedia Commons

Building a Stronger Future stronger together annual shareholders meeting 05.18.2011

Expanded Geographic Footprint P&C WV WA GA SC NC IL ID MT UT NM OK TN KY OH MI VA MD DE NY VT NH MA RI ME WY KS NE SD ND MN IA MO AR LA MS AL IN WI TX FL CO CT DC OR CA NV PA AZ NJ WV DIRECT WRITTEN PREMIUM 2009 TOP 18 UFG STATES UFG: INDIVIDUALLY <1%, >0.01% DWP TOP 6 MERCER STATES stronger together annual shareholders meeting 05.18.2011

(CHART) (CHART) Commercial: 90% Personal: 10% Commercial: 91% Personal: 9% stronger together annual shareholders meeting 05.18.2011 Identical Business Mix: Personal vs. Commercial Lines 2009 Stand-Alone DPW Breakdowns MERCER INSURANCE UNITED FIRE Direct Written Premiums (2010): $148 million Direct Written Premiums (2010): $436 million

(CHART) stronger together annual shareholders meeting 05.18.2011 Identical Business Mix: Property vs. Casualty 2009 Stand-Alone DPW Breakdowns MERCER INSURANCE UNITED FIRE Casualty: 64% Property:36% (CHART) Casualty: 64% Property:36% (CHART) Direct Written Premiums (2010): $148 million Direct Written Premiums (2010): $436 million

Acquisition Timeline November 30, 2010: Acquisition announced January 10, 2011: Federal Trade Commission approval March 1, 2011: Pennsylvania Department of Insurance approval March 7, 2011: California Department of Insurance approval March 8, 2011: New Jersey Department of Banking and Insurance approval March 16, 2011: Mercer Insurance Group shareholder approval March 28, 2011: Transaction closed stronger together annual shareholders meeting 05.18.2011

Funding the Acquisition $29.9 million borrowed from Federal Home Loan Bank $50 million borrowed against bank line of credit Provided $111 million internally Net debt to net capitalization ratio: 13.7% Anticipate replacing with long-term debt in 2011 stronger together annual shareholders meeting 05.18.2011

Stronger Together stronger together annual shareholders meeting 05.18.2011 WV Licensed in 43 States, District of Columbia More than 1,300 Independent Agencies 850 Employees $584.2 Million Direct Written Premium $62.2 Million Net Income

Goals & Strategies Disciplined Underwriting Local Market Knowledge Strong Agent Relationships Targeted Potential Growth Markets Improve Agency Penetration Appoint New Agencies looking ahead annual shareholders meeting 05.18.2011

Make New Friends looking ahead annual shareholders meeting 05.18.2011

Data Protection Real-time backup Protective systems and software Certified vendors Secure encryption Tracking, testing and reporting Continuous improvement looking ahead annual shareholders meeting 05.18.2011

Second Quarter looking ahead annual shareholders meeting 05.18.2011 PHOTO COURTESY OF WIKIMEDIACOMMONS

looking ahead annual shareholders meeting 05.18.2011 Multi-State Storm Prediction Center Events

looking ahead annual shareholders meeting 05.18.2011 Tuscaloosa Birmingham with policy overlay

how do we compare? annual shareholders meeting 05.18.2011 COMPANY COMBINED RATIO COMPANY COMBINED RATIO Travelers 94% West Bend Mutual 106% Rural Mutual 96% Rockford Mutual 106% Indiana Farmers 97% Sentry Insurance 107% Pioneer State Mutual 98% Midwest Family 107% Ohio Mutual 98% Wolverine Mutual 107% Westfield 100% Harleysville Mutual 107% United Fire 100% Standard Mutual 107% Acuity A Mutual 101% Buckeye State Mutual 108% Fremont Insurance 101% Badger Mutual 108% Cincinnati Insurance 101% Auto Club MI 108% Frankenmuth Mutual 102% Liberty Mutual 108% Church Mutual 103% Society Insurance 109% Auto Owners Insurance 103% Motorists Mutual 110% Brotherhood Mutual 103% Partners Mutual 110% North Star Mutual 103% Wisconsin Mutual 111% State Auto 103% IMT Insurance 112% Pekin Insurance 104% Hastings Mutual 112% Grange Mutual Casualty 104% Central Mutual 119% Germantown Mutual 104% Michigan Millers 125% EMC Insurance 105% Ram Mutual 125% Western Reserve 106% Austin Mutual 126%

Stock Price vs Book Value: Peer Comparison Cincinnati Financial Donegal Group EMC Erie Indemnity Co. Hallmark Financial Services Harleysville Group Inc. HCC Ins. Holdings Inc. Horace Mann Ed. Corp. Meadowbrook Ins. Group Inc. Old Republic Int'l Corp. ProAssurance Corp. Selective Ins. Group Inc. State Auto Fin. Corp. Tower Group, Inc. UNITED FIRE Unitrin, Inc. (CHART) how do we compare? annual shareholders meeting 05.18.2011

How do we compare? Rated A (Excellent) by A.M. Best Company Top 10 Ease of Doing Business Performer Deep Customer Connections, Inc. Third consecutive year how do we compare? annual shareholders meeting 05.18.2011

How do we compare? Most Trustworthy Publicly Traded Companies in America Forbes and Audit Integrity Less than 5% of entire U.S. stock market qualifies how do we compare? annual shareholders meeting 05.18.2011

Holding Company looking ahead annual shareholders meeting 05.18.2011 annual shareholders meeting 05.18.2011

Legal Disclaimer This presentation may contain forward-looking statements about our operations, anticipated performance and other similar matters. The Private Securities Litigation Reform Act of 1995 provides a safe harbor under the Securities Act of 1933 and the Securities Exchange Act of 1934 for forward-looking statements. The forward- looking statements are not historical facts and involve risks and uncertainties that could cause actual results to differ materially from those expected and/or projected. Such forward-looking statements are based on current expectations, estimates, forecasts and projections about our company, the industry in which we operate, and beliefs and assumptions made by management. Words such as "expect(s)," "anticipate(s)," "intend(s)," "plan(s)," "believe(s)," "continue(s)," "seek(s)," "estimate(s)," "goal(s)," "target(s)," "forecast(s)," "project(s)," "predict(s)," "should," "could," "may," "will continue," "might," "hope," "can" and other words and terms of similar meaning or expression in connection with a discussion of future operations, financial performance or financial condition, are intended to identify forward-looking statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed in such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this report or as of the date they are made. Except as required under the federal securities laws and the rules and regulations of the Securities and Exchange Commission, we do not have any intention or obligation to update publicly any forward- looking statements, whether as a result of new information, future events or otherwise.

thank you

EX-99.2

EXHIBIT 99.2

118 Second Avenue SE, PO Box 73909
Cedar Rapids, Iowa 52407-3909
Contacts: Randy A. Ramlo, President/CEO or
Dianne M. Lyons, Vice President/CFO, 319-399-5700

United Fire Reports on Annual Stockholders’ Meeting

• Directors Elected to Board for Full Terms

• New Officer Appointments Approved

• Regular Dividend on Common Stock Declared

• Affirmation of A.M. Best A (Excellent) Rating Announced

CEDAR RAPIDS, Iowa, May 18, 2011 (GLOBE NEWSWIRE) — United Fire & Casualty Company (Nasdaq: UFCS) announces that four directors were elected for full terms on our 12-member board at today’s annual stockholders’ meeting on May 18, 2011.

Elected to the board of directors for a three-year term expiring in 2014 are: Douglas M. Hultquist, president and chief executive officer, QCR Holdings, Inc., Moline, Illinois; Casey D. Mahon, adjunct professor of law, University of Iowa College of Law, Iowa City, Iowa; Randy A. Ramlo, president and chief executive officer, United Fire Group, Cedar Rapids, Iowa; and Frank S. Wilkinson Jr., retired executive, E.W. Blanch Co., Minneapolis, Minnesota.

In other official business, stockholders ratified the selection of Ernst & Young LLP as the Company’s independent auditors for the 2011 calendar year, approved an amendment to the Company’s non-qualified non-employee director stock option and restricted stock plan, approved an advisory resolution on executive compensation and recommended an annual advisory vote on executive compensation.

As part of his presentation at the meeting, President and CEO Randy A. Ramlo announced that A.M. Best has recently affirmed the Company’s A (excellent) rating.

Board Meeting

Following the stockholders’ meeting, the board met and took the following actions:

Committee appointments James W. Noyce was named chair of the audit committee, taking over for Thomas W. Hanley, who will remain a member of the audit committee.

New officer appointments

The following officer appointments were approved by the board:

	Jolene Grow Denver Regional Office Underwriting Manager Jolene Grow was appointed assistant vice president of United Fire & Casualty Company. Her new title is assistant vice president and underwriting manager.
	Patrick P. Kane Great Lakes Marketing Manager Patrick P. Kane was appointed assistant vice president of United Fire & Casualty Company. His new title is assistant vice president and Great Lakes marketing manager.
	L. Dean Walstrom Regional Claims Manager L. Dean Walstrom was appointed assistant vice president of United Fire & Casualty Company. His new title is assistant vice president and regional claims manager.

Dividend on common stock

The Board of Directors declared a regular quarterly dividend on the common stock of 15 cents per share. This dividend will be payable on June 15, 2011, to stockholders on record as of June 1, 2011. United Fire has paid dividends every quarter since March 1968.

Share Repurchase Program

The board approved an extension of United Fire’s existing share repurchase program, authorizing the purchase of an additional 1 million shares of the company’s common stock and extending the program expiration date two years to August 2013.

About United Fire & Casualty Company

Founded in 1946, United Fire & Casualty Company and its subsidiaries offer property and casualty insurance, life insurance and annuities. On March 28, 2011 United Fire completed its acquisition of Mercer Insurance Group, Inc. The combined entity is licensed as a property and casualty insurer in 43 states, plus the District of Columbia, and represented by more than 1,300 independent agencies. United Fire is rated A (Excellent) by A.M. Best Company. For the third consecutive year, United Fire was named a “Top 10 Ease of Doing Business Performer” for 2010 in Deep Customer Connections, Inc.’s eighth annual Ease of Doing Business survey of independent agents and brokers. United Fire has also been named one of the Most Trustworthy Publicly Traded Companies in America, a list compiled through a partnership of Forbes and Audit Integrity. Less than 5 percent of the entire U.S. stock market qualifies for inclusion on the list.

Our subsidiary, United Life Insurance Company, is licensed in 29 states, represented by more than 900 independent life agencies, and has been named to the Ward’s 50^® Life-Health Insurance Companies for five consecutive years (2006-2010).

Disclosure of Forward-looking Statements

This release may contain forward-looking statements about our operations, anticipated performance and other similar matters. The Private Securities Litigation Reform Act of 1995 provides a safe harbor under the Securities Act of 1933 and the Securities Exchange Act of 1934 for forward-looking statements. The forward-looking statements are not historical facts and involve risks and uncertainties that could cause actual results to differ materially from those expected and/or projected. Such forward-looking statements are based on current expectations, estimates, forecasts and projections about our company, the industry in which we operate, and beliefs and assumptions made by management. Words such as “expect(s),” “anticipate(s),” “intend(s),” “plan(s),” “believe(s),” “continue(s),” “seek(s),” “estimate(s),” “goal(s),” “target(s),” “forecast(s),” “project(s),” “predict(s),” “should,” “could,” “may,” “will continue,” “might,” “hope,” “can” and other words and terms of similar meaning or expression in connection with a discussion of future operating, financial performance or financial condition, are intended to identify forward-looking statements. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed in such forward-looking statements. Information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained in Part I Item 1A “Risk Factors” of our annual report on Form 10-K for the year ended December, 31, 2010, filed with the SEC on March 1, 2011 and in our report on Form 10-Q for the quarter ended March 31, 2011, filed with the SEC on May 10, 2011. The risks identified on Form 10-K are representative of the risks, uncertainties, and assumptions that could cause actual outcomes and results to differ materially from what is expressed in forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release or as of the date they are made.