USF&G Corp

Article Abstract:

Stock prices of USF&G Corp (FG) have risen 29% from 1991. The increase is an affirmation of FG's successful corporate reorganization. The economic viability of the property and casualty insurance company is further confirmed by Salomon Brothers' upgrading of its stock. FG managed its turnaround by downsizing and reducing other expenses. It also reduced its losses in 1991 to $2.15 per share from $5.37 in 1990, and hopes are high the company will be recording a profit in 1993. FG's confidence is bolstered by General Electric Pension Trust's acquisition of $98.5 million of FG's preferred stocks.

Publisher: Thomson Financial Inc.
Publication Name: The Insiders' Chronicle
Subject: Business
ISSN: 0162-5152
Year: 1992
Investment advice

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USF&G Corp

Article Abstract:

USF and G Corp Pres Norman Blake says it will take his firm from three to five years to recover from its losses and attain financial viability once again. USFG's financial resources suffered when it met clients' massive insurance loss claims in 1991. However, the company's profits per share is predicted to rise from 60 cents to 90 cents in 1993. Blake also stated that USFG's net earnings of $4 million for the quarter ending in Mar 1992 signifies a promising growth trend for the firm.

Publisher: Thomson Financial Inc.
Publication Name: The Insiders' Chronicle
Subject: Business
ISSN: 0162-5152
Year: 1992
Finance, Reports, Blake, Norman

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USF&G Corp

Article Abstract:

USF and G Corp belongs to the property and casualty insurance sector. Insider purchases have persisted in this issue. Since Feb 1993, five insiders have acquired 7,950 shares at the $13 to $14 range.

Publisher: Thomson Financial Inc.
Publication Name: CDA-Investnet Insiders' Chronicle
Subject: Business
ISSN: 1074-0139
Year: 1993

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Subjects list: Securities, USF and G Corp., Property and casualty insurance
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