[3] As of late 1921, the United States Fidelity and Guaranty Company building was located at 26 South Calvert Street, Baltimore, Maryland.
[5] After "stock market upheaval" in October 1929, on January 20, 1930, the company president R. Howard Bland reported "extraordinary heavy losses," primarily in the fidelity and surety lines and in automobile liability.
[13] The company was again involved in a Supreme Court case in early 1935, with Jennings v. United States Fidelity & Guaranty Co..[14] On August 14, 1935, the SEC allowed the United States Fidelity and Guaranty Company to resume trading on the Baltimore Stock Exchange, after it was earlier ordered suspended over technical matters.
That year, Norman Blake was brought in as chief executive officer, and Blake quickly shed business units, fired most of the top management, and refocused the company on its core insurance business so that by 1992 USF&G was once more highly profitable.
[16] Saint Paul Companies in January 1998 acquired USF&G for $3.9 billion in stock and assumed debt.
According to unnamed sources Treasurer Kennedy feared to be indicted for perjury which was denied by his attorney.
[citation needed] The insurer sponsored the golf tournament known as the New Orleans Open beginning in 1981.
[citation needed] The company also sponsored the Formula One team Arrows Grand Prix International from 1986 to 1990.
In 1988 and 1989 USF & G sponsored the United States Club Lacrosse Association Championship Game that was shown on TV.