Baltimore Alliance

USF&G Corp. told employees yesterday it will keep the headquarters of its F&G Life Insurance subsidiary in the Baltimore area rather than moving it to either Florida or Tennessee.The decision means that Baltimore will retain 90 white-collar jobs and a 36-year-old unit of the $14.6 billion corporation. Moreover, it marks a psychological victory in the state's efforts to keep key businesses in the wake of recent defections by Procter & Gamble Co., Bausch & Lomb Inc. and others."The significance here is that F&G Life is part of a national company, and we want to see those operations both stay and grow here," said James T. Brady, secretary of the state's Department of Business and Economic Development (DBED)

In the parlance of bureaucracy, the GBA is moving from the BMC to the GBC.In layman's terms, the Greater Baltimore Alliance, a nonprofit regional economic development and marketing program, is being shifted from under the Baltimore Metropolitan Council to the Greater Baltimore Committee."