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INTERCARGO DECLARES DIVIDEND

 INTERCARGO DECLARES DIVIDEND
 SCHAUMBURG, Ill., Aug. 21 /PRNewswire/ -- Intercargo Corporation


(NASDAQ: ICAR) today announced the declaration by its board of directors of its first semi-annual dividend of 8 cents per common share. The dividend is payable Sept. 15, 1992, to holders of record on Aug. 31, 1992.
 Headquartered in Schaumburg, Ill., (a Chicago suburb) Intercargo Corporation is a leading provider of specialized insurance coverage to companies involved in international trade. Its market is primarily importers and exporters, customs brokers and freight forwarders and other global traders. The primary coverages it underwrites are U.S. Customs Bonds for which it controls about 33 percent of the market, cargo insurance and professional liability for the broker forwarder industry.
 -0- 8/21/92
 /CONTACT: James R. Zuhlke, president & CEO or Kenneth J. Kranig, both of Intercargo, 708-517-2343/
 (ICAR) CO: Intercargo Corporation ST: Illinois IN: INS SU: DIV


LR-OS -- NY012 -- 2043 08/21/92 09:33 EDT
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Publication:PR Newswire
Date:Aug 21, 1992
Words:153
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