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USF RE INSURANCE CO. RECEIVES A- (EXCELLENT) A.M. BEST RATING

 COSTA MESA, Calif., Dec. 13 /PRNewswire/ -- US Facilities Corp. (NASDAQ: USRE) announced today that its USF RE INSURANCE CO. subsidiary has received an A- (Excellent) VII rating from the A.M. Best Co. USF RE is involved primarily in the underwriting of property and casualty reinsurance and medical stop-loss reinsurance.
 "This rating, based on the strength of our financial position and our operating performance, marks an important milestone in the growth of our company," said George Kadonada, chairman and chief executive officer of US Facilities. "It broadens our opportunity to grow in the reinsurance marketplace without diminishing our ability to remain highly selective."
 US Facilities Corp. is a specialty insurer principally engaged in the marketing, underwriting, and reinsuring of medical stop-loss coverage through its subsidiaries, US Benefits Inc. and USF RE INSURANCE CO. USF RE also reinsures property and casualty business through reinsurance intermediaries nationwide.
 -0- 12/13/93
 /CONTACT: Rosemary L. Mulligan, 714-549-1600/
 (USRE)


CO: US Facilities Corp.; USF RE INSURANCE CO.; A.M. Best Co. ST: California IN: INS FIN SU:

JL-LS -- LA016 -- 3117 12/13/93 11:01 EST
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Publication:PR Newswire
Date:Dec 13, 1993
Words:182
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