SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
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Schedule 13G
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 5) *
Amwest Insurance Group, Inc.
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(Name of Issuer)
Common Stock, $.01 Par Value
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(Title of Class of Securities)
032345100
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(CUSIP Number)
Check the following box if a fee is being paid with the statement. (A
fee is not required only if the filing person: (1) has a previous statement on
file reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
(Continued on following pages)
Page 1 of 5 Pages
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* The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect to the subject class
of securities, and for any subsequent amendment containing information which
would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall
not be deemed to be "filed" for the purpose of Section 18 of the Securities
Exchange Act of 1934 or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
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CUSIP No. 032345100 13G Pa ge 2 of 5 Pages
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1 NAME OF REPORTING PERSONS
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS
Savage Family Trust
95-6772098
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP * (a)
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(b) X
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
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5 SOLE VOTING POWER
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NUMBER OF 6 SHARED VOTING POWER
SHARES 905,426
BENEFICIALLY
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OWNED BY 7 SOLE DISPOSITIVE POWER
EACH REPORTING
PERSON WITH
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8 SHARED DISPOSITIVE POWER
905,426
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
905,426
shares
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES *
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
23.1
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12 TYPE OF REPORTING PERSON *
OO
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Item 1. Name of Issuer:
Amwest Insurance Group, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices:
5230 Las Virgenes Road
Calabasas, California 91302
Item 2(a). Name of Person Filing:
Savage Family Trust
Item 2(b). Address of Principal Business Office:
5230 Las Virgenes Road
Calabasas, California 91302
Item 2(c). Citizenship or Place of Organization:
California
Item 2(d). Title of Class of Securities:
Common Stock, $.01 par value
Item 2(e). CUSIP Number:
032345100
Item 3. If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b),
check whether the person filing is:
Not applicable
Item 4. Ownership:
(a) Amount Beneficially Owned:
905,426 shares
(b) Percent of Class:
23.1%
Page 3 of 5 Pages
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(c) Number of shares to which such person has:
(i) sole power to vote or to direct the vote: None
(ii) shared power to vote or to direct the vote: 905,426 shares
(iii) sole power to dispose or to direct the disposition of: None
(iv) shared power to dispose or to direct the disposition of : 905,426 shares
The information provided in this Item 4 is based on the
following:
The Reporting Person owns directly 138,901 shares of the
Issuer's Common Stock. Additionally, the Reporting Person also
owns all of the outstanding common stock of Savage
Diversified, Inc., a California corporation, which owns
directly 766,525 shares of the Issuer's Common Stock. Richard
H. Savage beneficially owns 907,487 shares of the Issuer's
Common Stock and, as Trustee of the Reporting Person, has
voting and dispositive power over such 905,426 shares
beneficially owned by the Reporting Person.
Item 5. Ownership of Five Percent or Less of a Class:
Not applicable
Item 6. Ownership of More than Five Percent on Behalf of Another Person:
Included in the Reporting Person's aggregate amount of 905,426 shares
beneficially owned are 766,525 shares currently held by Savage
Diversified, Inc., a California corporation, which beneficially owns
19.6% of the Issuer's Common Stock.
Item 7. Identification and Classification of a Subsidiary Which Acquired the
Security Being Reported on by the Parent Holding Company:
Not applicable
Item 8. Identification and Classification of Members of the Group:
Not applicable
Item 9. Notice of Dissolution of Group:
Not applicable
Item 10. Certification:
Not applicable
Page 4 of 5 Pages
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true, complete and
correct.
Dated: February 4, 1999
/s/ RICHARD H. SAVAGE
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Richard H. Savage
Trustee for Savage Family Trust
Page 5 of 5 Pages
