Supplemental Tables

The following table displays our consolidated results of operations for the three-month and six-month periods ended June 30, 2010 and 2009.

Income Statement:	Three Months Ended June 30,					Six Months Ended June 30,
(In Thousands)	2010		2009			2010			2009
Revenues
Net premiums written (1)	$	128,749	$	127,679		$	248,185		$	248,525
Net premiums earned	$	117,082	$	119,671		$	231,390		$	237,992
Investment income, net of investment expenses		28,291		27,359			56,259			50,630
Realized investment gains (losses)		2,346		(13,153	)		5,072			(16,641	)
Other income		295		169			418			328
Total Revenues	$	148,014	$	134,046		$	293,139		$	272,309
Benefits, Losses and Expenses
Losses and loss settlement expenses	$	72,757	$	90,558		$	141,120		$	176,636
Increase in liability for future policy benefits		7,375		5,874			13,765			9,262
Amortization of deferred policy acquisition costs		28,057		28,795			54,573			58,201
Other underwriting expenses		8,580		9,970			17,387			18,456
Disaster charges and other related expenses, net of recoveries		7		(188	)		(16	)		(546	)
Interest on policyholders’ accounts		10,647		10,397			21,448			20,169
Total Benefits, Losses and Expenses	$	127,423	$	145,406		$	248,277		$	282,178
Income (loss) before income taxes		20,591		(11,360	)		44,862			(9,869	)
Federal income tax expense (benefit)		5,197		(6,026	)		10,076			(7,805	)
Net income (loss)	$	15,394	$	(5,334	)	$	34,786		$	(2,064	)

(1) The Statutory Financial Measures section of our July 26, 2010 press release defines data prepared in accordance with statutory accounting practices, which is a comprehensive basis of accounting other than U.S. GAAP.

The following table displays our consolidated financial condition at June 30, 2010 and December 31, 2009.

Balance Sheet:	June 30, 2010		December 31, 2009
(In Thousands)	(unaudited)
Total invested assets:
Property and casualty segment	$	956,108	$	915,055
Life insurance segment		1,501,701		1,436,786
Total cash and investments		2,614,648		2,542,693
Total assets		3,056,579		2,902,544
Future policy benefits and losses, claims and loss settlement expenses	$	1,955,536	$	1,927,645
Total liabilities		2,350,644		2,229,809
Net unrealized investment gains, after-tax	$	90,908	$	82,491
Total stockholders’ equity		705,935		672,735
Property and casualty insurance statutory capital and surplus (1) (2)	$	572,294	$	556,265
Life insurance statutory capital and surplus (2)		166,835		160,179

(1) Because United Fire & Casualty Company owns United Life Insurance Company, the property and casualty insurance statutory capital and surplus includes life insurance statutory capital and surplus and therefore represents our total consolidated statutory capital and surplus.

(2) The Statutory Financial Measures section of our July 26, 2010 press release defines data prepared in accordance with statutory accounting practices, which is a comprehensive basis of accounting other than U.S. GAAP.

The following tables display our net premiums written by line of business for the three-month and six-month periods ended June 30, 2010 and 2009.

	Three Months Ended June 30,				Six Months Ended June 30,
(In Thousands)	2010		2009		2010		2009
Net Premiums Written
Commercial lines:
Other liability (1)	$	32,414	$	34,289	$	61,562	$	66,200
Fire and allied lines (2)		26,121		26,831		51,703		53,461
Automobile		26,001		26,842		50,441		53,070
Workers’ compensation		12,967		13,971		26,567		30,311
Fidelity and surety		5,519		6,512		9,570		10,429
Miscellaneous		213		229		435		475
Total commercial lines	$	103,235	$	108,674	$	200,278	$	213,946
Personal lines:
Fire and allied lines (3)	$	6,611	$	6,041	$	12,179	$	11,071
Automobile		3,874		3,360		7,511		6,574
Miscellaneous		138		108		257		196
Total personal lines	$	10,623	$	9,509	$	19,947	$	17,841
Reinsurance assumed		3,241		2,230		3,998		3,275
Total	$	117,099	$	120,413	$	224,223	$	235,062

(1) “Other liability” is business insurance covering bodily injury and property damage arising from general business operations, accidents on the insured’s premises and products manufactured or sold.

(2) “Fire and allied lines” includes fire, allied lines, commercial multiple peril and inland marine.

(3) “Fire and allied lines” includes fire, allied lines, homeowners and inland marine.

The following tables display our premiums earned, losses and loss settlement expenses and loss ratio by line of business for the three-month periods ended June 30, 2010 and 2009.

Three Months Ended June 30,
	2010								2009
(In Thousands) Unaudited	Premiums Earned		Losses and Loss Settlement Expenses Incurred			Loss Ratio			Premiums Earned		Losses and Loss Settlement Expenses Incurred			Loss Ratio
Commercial lines
Other liability	$	28,507	$	13,104			46.0	%	$	30,585	$	29,116			95.2	%
Fire and allied lines		24,460		19,482			79.6			25,621		21,462			83.8
Automobile		23,216		16,653			71.7			24,387		17,426			71.5
Workers’ compensation		11,628		7,505			64.5			12,943		9,390			72.5
Fidelity and surety		4,297		2,273			52.9			4,729		898			19.0
Miscellaneous		197		9			4.6			215		67			31.2
Total commercial lines	$	92,305	$	59,026			63.9	%	$	98,480	$	78,359			79.6	%
Personal lines
Fire and allied lines	$	6,108	$	5,758			94.3	%	$	5,448	$	4,671			85.7	%
Automobile		3,616		3,076			85.1			3,183		2,571			80.8
Miscellaneous		116		(49	)		N/A			89		(28	)		N/A
Total personal lines	$	9,840	$	8,785			89.3	%	$	8,720	$	7,214			82.7	%
Reinsurance assumed		3,251		442			13.6	%		2,258		821			36.4	%
Total	$	105,396	$	68,253			64.8	%	$	109,458	$	86,394			78.9	%

The following tables display our premiums earned, losses and loss settlement expenses and loss ratio by line of business for the six-month periods ended June 30, 2010 and 2009.

Six Months Ended June 30,
	2010								2009
(In Thousands) Unaudited	Premiums Earned		Losses and Loss Settlement Expenses Incurred			Loss Ratio			Premiums Earned		Losses and Loss Settlement Expenses Incurred		Loss Ratio
Commercial lines
Other liability	$	56,721	$	31,945			56.3	%	$	61,637	$	49,221		79.9	%
Fire and allied lines		48,844		39,281			80.4			51,021		48,535		95.1
Automobile		46,226		30,483			65.9			48,773		32,636		66.9
Workers’ compensation		22,846		11,783			51.6			26,154		21,166		80.9
Fidelity and surety		8,976		2,482			27.7			10,142		1,171		11.5
Miscellaneous		399		45			11.3			425		118		27.8
Total commercial lines	$	184,012	$	116,019			63.0	%	$	198,152	$	152,847		77.1	%
Personal lines
Fire and allied lines	$	12,087	$	7,825			64.7	%	$	10,787	$	8,479		78.6	%
Automobile		7,083		5,957			84.1			6,269		4,922		78.5
Miscellaneous		203		(76	)		(37.4	)		173		266		153.8
Total personal lines	$	19,373	$	13,706			70.7	%	$	17,229	$	13,667		79.3	%
Reinsurance assumed		3,990		2,156			54.0	%		3,291		2,159		65.6	%
Total	$	207,375	$	131,881			63.6	%	$	218,672	$	168,673		77.1	%