USF&G learns from its mistakes. (United States Fidelity and Guaranty Co.): An article from: National Underwriter Property & Casualty-Risk & Benefits Management

This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on January 25, 1993. The length of the article is 928 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: USF and G Chmn Norman Blake has been able to correct most of the mistakes the company made prior to his appointment in 1990, although many of his decisions that turned USF and G into a lean and sharply focused insurer have been painful to him. USF and G was in a dire position, resulting from over diversification, when Blake became chairman. Blake rectified this situation with the sale or liquidation of 13 less profitable subsidiaries but he regrets the resultant 44% reduction in personnel. He later installed development and training programs and increased benefits for the remaining staff.

Citation Details
Title: USF&G learns from its mistakes. (United States Fidelity and Guaranty Co.)
Author: Colleen Mulcahy
Publication:National Underwriter Property & Casualty-Risk & Benefits Management (Magazine/Journal)
Date: January 25, 1993
Publisher: The National Underwriter Company
Issue: n4 Page: p9(2)

Distributed by Thomson Gale