SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                     FORM 15

Certification  and Notice of Termination of Registration  under Section 12(g) of
the Securities  Exchange Act of 1934 or Suspension of Duty to File Reports under
Sections 13 and 15(d) of the Securities Exchange Act of 1934.

                          Commission File Number 1-8233


                                USF&G CORPORATION
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             (Exact name of registrant as specified in its charter)


                 6225 Centennial Way, Baltimore, Maryland 21209
                                 (410) 547-3000
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   (Address, including zip code, and telephone number, including area code, of
                    registrant's principal executive offices)


                        Preferred Stock, Purchase Rights
                          Common Stock, par value $2.50
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            (Title of each class of securities covered by this Form)


                                      None
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         (Titles of all other classes of securities for which a duty to
               file reports under Section 13(a) or 15(d) remains)


 Please place an X in the box(es) to designate the appropriate rule provision(s)
          relied upon to terminate or suspend the duty to file reports:

Rule 12g-4 (a)(1)(i)    [ ]                Rule 12h-3 (b)(1)(ii)  [ ]
Rule 12g-4 (a)(1)(ii)   [ ]                Rule 12h-3 (b)(2)(i)   [ ]
Rule 12g-4 (a)(2)(i)    [ ]                Rule 12h-3 (b)(2)(ii)  [ ]
Rule 12g-4 (a)(2)(ii)   [ ]                Rule 15d-6             [ ]
Rule 12h-3 (b)(1)(i)    [X]

                Approximate number of holders of record as of the
                         certification or notice date: 1











         Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this certification/notice to be signed on its
behalf by the undersigned hereunto duly authorized.



Dated:  May 8, 1998                     USF&G CORPORATION


                                        By: /s/ J. Kendall Huber
                                           ------------------------------------
                                             Name:  J. Kendall Huber
                                             Title: Vice President and 
                                                     General Counsel



























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