ASBESTOS UPDATE: United Fire Has $3.4MM A&E Reserves at Dec. 31

United Fire & Casualty Company had US$3.4 million at Dec. 31, 2010, and US$3.8 million at Dec. 31, 2009, in direct and assumed asbestos and environmental loss reserves.

In addition, the Company had ceded asbestos and environmental loss reserves of US$500,000…

ASBESTOS LITIGATION: United Fire Has $3.8Mil Reserves at Dec. 31

United Fire & Casualty Company’s direct and assumed asbestos and environmental loss reserve was US$3.8 million at Dec. 31, 2008, compared with US$5 million at Dec. 31, 2007.

In addition, the Company had ceded A&E loss reserves of US$600,000 at Dec.…