USF&G was an American insurance company that existed from 1896 until 1998. It was originally called the United States Fidelity and Guaranty Company. The insurer formed a holding company for its insurance businesses and changed its name to USF&G in July 1981.
In January 1998, Saint Paul Companies acquired USF&G for $3.9 billion.
As of late 1921, the United States Fidelity and Guaranty Company building was located at 26 South Calvert Street, Baltimore, Maryland. In 1921, the company's real estate including Baltimore and New York buildings amounted to about $2.6 million. In 1970, it built the 37-story USF&G Building in Baltimore, and in the early 1970s and over the next few decades, the former Mount Saint Agnes College campus was also owned and used by USF&G.
History
Founding and growth
Originally called the United States Fidelity and Guaranty Company, the Baltimore, Maryland-based company was organized on March 19, 1896, and commenced business on August 1, 1896.[1] John Randolph Bland was the company's principal founder. On October 29, 1900, the company president John R. Bland vehemently denied that the company had paid any commissions to Richard Crocker with the intent of obtaining business in New York.