USF&G will post catastrophe losses

March 18, 1994|By Bloomberg Business News

USF&G Corp. said it expects its first-quarter results to reflect catastrophe losses of $35 million caused by severe winter storms and the Jan. 17 earthquake in Southern California.

The Baltimore-based property-casualty insurer said it has received 11,400 claims stemming from four winter storms in the Northeast and the Midwest and from the earthquake.

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