USF&G Corporation
Exhibit 23 - Consent of Independent Auditors

USF&G Corporation

We consent to the incorporation by reference in
this Annual Report (Form 10-K) of USF&G Corporation
of our report dated February 11, 1994, included in
the 1993 Annual Report to Shareholders of USF&G Corporation.

Our audits also included the financial statement
schedules of USF&G Corporation listed in item 14(a).
These schedules are the responsibility of the
Corporations's management. Our responsibility is to
express an opinion based on our audits. In our
opinion, the financial statement schedules
referred to above, when considered in relation to the
basic financial statements taken as a whole, present
fairly in all material respects the information set forth therein.

We also consent to the incorporation by reference
into Registration Statements Number 33-20449, 33-9405,
33-33271, 33-21132, 33-50825 and 33-51859 on Form S-3,
and Number 2-61626, 2-72026, 2-98232, 33-16111,
33-35095, 33-38113, 33-43132, 33-45664, 33-45665 and
33-61965 on Form S-8 of USF&G Corporation, of our
report dated February 11, 1994, with respect to the
consolidated financial statements incorporated herein
by reference, and our report included in the preceding
paragraph with respect to the financial statement
schedules included in this Annual Report (Form 10-K)
of USF&G Corporation.




Baltimore, Maryland
March 30, 1994