John A. Rife, President and Chief Executive Officer of United Fire & Casualty Company,
Rings The NASDAQ Stock Market Opening Bell

Monday, July 17, 2006
at NASDAQ's MarketSite
in New York City.

United Fire & Casualty Company
[UFCS]

John A. Rife, President and Chief Executive Officer of United Fire & Casualty Company, presides over the opening bell to celebrate its 20 year listing anniversary on the NASDAQ.

United Fire & Casualty Company is a regional insurer that, along with its insurance subsidiaries, offers personal and commercial property and casualty insurance and life insurance. Its products are marketed principally through its regional offices in Cedar Rapids, Iowa (company headquarters); Denver, Colorado; and Galveston, Texas. For the thirteenth consecutive year, United Fire & Casualty Company has been named to the Ward's 50, a respected benchmark group of the industry's top-performing insurance companies. For more information about United Fire & Casualty Company and its products and services, visit our website, www.unitedfiregroup.com.

Click for larger pictures of the NASDAQ MarketSite. Additional Photographs for 7/17/2006 Download Hi-Res Quality Photo of this NASDAQ Market Open - Pictured: John A. Rife, President and Chief Executive Officer of United Fire & Casualty Company, signs in to the market at the beginning of the trading day. These photos are Copyright 2006, The Nasdaq Stock Market Inc. and available for re-publication by the news media only. Any commercial use is strictly prohibited without the prior written consent of The Nasdaq Stock Market Inc. © Copyright 2006, The NASDAQ Stock Market, Inc. Reprinted with the permission of The Nasdaq Stock Market, Inc.