• Assurant Announces Appointment of Robert W. Stein to Board of Directors

    Sep 19, 2011, 09:00 AM by User Not Found
    NEW YORK, Sept. 19, 2011 - Assurant, Inc. (NYSE: AIZ), a premier provider of specialty insurance and insurance-related products and services, announces the appointment of Robert W. Stein, 62, to its Board of Directors. Stein will join the Assurant Board effective Oct. 1, 2011, following his retirement from Ernst & Young where he currently serves as Global Managing Partner, Actuarial Services. "With more than 40 years of experience advising many of the world's leading insurance companies on financial and operating matters, Bob Stein is one of the most seasoned and knowledgeable professionals in the insurance industry," said Elaine D. Rosen, the chair of Assurant's Board. "Bob's enterprise risk management acumen, deep insights and familiarity with our specialty strategy combine to bring great value to the Assurant Board of Directors and our shareholders." The Assurant Board also named Stein to its Audit Committee. A resident of New York City, Stein is a graduate of Drake University.
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  • Assurant Companies Activate Support Centers, Field Operations for Customers Affected by Hurricane Irene

    Aug 26, 2011, 09:00 AM by User Not Found
    ATLANTA, Aug. 26, 2011 - The following is an advisory from the Assurant Specialty Property First Response Team to customers in the projected path of Hurricane Irene. The Assurant Specialty Property First Response Team is closely monitoring the progress of Hurricane Irene as it moves toward the eastern United States. The company's service centers are on alert, set to prioritize claims and inquiries from storm areas, with an emphasis on property and flood insurance policies. Toll-free numbers are operational for customers to report hurricane-related claims and make inquiries. Customers should contact the appropriate underwriting company for their policy. American Bankers Insurance Company of Florida (Flood Policies): (800) 245-1505 American Bankers Insurance Company of Florida (Other Policies): (877) 459-6075 American Reliable Insurance Company: (800) 245-1505 American Security Insurance Company: (800) 326-2845 Standard Guaranty Insurance Company: (800) 326-2845 About Assurant Specialty
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  • Prepare Your Insurance Coverage for Hurricane Season

    Aug 24, 2011, 11:00 AM by User Not Found
    The 2011 hurricane season is now well underway but many homeowners may find themselves still unprepared for flood damage often associated with severe weather systems.
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  • Renters Find Safety Net in Insurance

    Jul 28, 2011, 11:00 AM by User Not Found
    For most residents of apartments or rental homes managed by property management companies, liability coverage is no longer an option: it's a requirement. More than 66 percent of the major property management companies now require residents to obtain liability protection, which is provided with renters insurance. The significant increase in the number of property management companies requiring renters insurance over the last ten years has made liability protection a standard in the industry.
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  • Assurant Reports Second Quarter 2011 Financial Results

    Jul 27, 2011, 09:00 AM by User Not Found
      NEW YORK, July 27, 2011 - Assurant, Inc. (NYSE: AIZ), a premier provider of specialty insurance and insurance-related products and services, today reported results for the second quarter ended June 30, 2011. Net operating income for the second quarter 2011 decreased 50 percent to $75.4 million, or $0.76 per diluted share, compared to second quarter 2010 net operating income of $152.2 million, or $1.35 per diluted share. Catastrophe losses and increases in loss frequency due to other weather-related activity at Assurant Specialty Property and reduced earnings at Assurant Health drove the decline. "Second quarter operating results reflect our continuing efforts to deliver on our customer commitments and achieve long-term value for our shareholders," said Robert B. Pollock, president and CEO of Assurant. "Improved results at Assurant Solutions, ongoing operating improvements at Assurant Health and increased sales at Assurant Employee Benefits were consistent with our priorities
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  • Assurant Announces Appointment of Elyse Douglas to Board of Directors

    Jul 7, 2011, 09:00 AM by User Not Found
    NEW YORK, July 7, 2011 - Assurant, Inc. (NYSE: AIZ), a premier provider of specialty insurance and insurance-related products and services, announces the appointment of Elyse Douglas, 55, executive vice president and chief financial officer of Hertz Global Holdings Inc. and The Hertz Corporation, to its Board of Directors, effective July 6, 2011. "Elyse Douglas is a seasoned financial executive with an impressive array of leadership experiences at several highly recognized, consumer-driven companies," said Elaine D. Rosen, the chair of Assurant's Board. "Her extensive understanding of multiple industries with worldwide operations will be a strong asset to our Board of Directors." Prior to joining Hertz, Douglas held financial positions at Coty Inc., Nabisco Inc. and Chase Manhattan Bank (now JPMorgan Chase). A resident of New York City, Douglas earned a bachelor's degree in accounting from Villanova University and a Master of Business Administration in finance from New York
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  • Assurant Board of Directors Declares Quarterly Dividend of $.18 per Common Share

    Jul 7, 2011, 09:00 AM by User Not Found
    NEW YORK, July 7, 2011 - Assurant, Inc. (NYSE: AIZ), a premier provider of specialty insurance and insurance-related products and services, announces that its board of directors has declared a quarterly dividend of $.18 per share of common stock. The dividend will be payable on Sept. 13, 2011 to stockholders of record as of the close of business on Aug. 29, 2011. Future dividend declarations will be made at the discretion of the Assurant board of directors and will be based on the company's earnings, financial condition, cash requirements, future prospects and other factors. Assurant is a premier provider of specialized insurance products and related services in North America and select worldwide markets. Assurant, a Fortune 500 company and a member of the S&P 500, is traded on the New York Stock Exchange under the symbol AIZ. Assurant has approximately $27 billion in assets and $8 billion in annual revenue. www.assurant.com Media Contact: Shawn Kahle Vice President Corporate
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  • Ruling the Roost at Assurant Solutions

    Jul 6, 2011, 11:00 AM by User Not Found
    Vito, Delta, Tomahawk, Elsu, Kanoa, Flash, Lucky Linde, Weaver, Roxanne, Hope, Sky and Calamity Jane, are hanging out on the Assurant Solutions' Rapid City building rooftop this summer, waiting to get their feet off the ground. These aren't any troublemaking teens finding sanctuary far from the crowd below, however. They are rare baby chicks learning to fly from the tallest building in town. Up on the roof of the Assurant Solutions' building a temporary sanctuary is the new summer digs for a flock of peregrine falcons.
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  • Assurant to Announce 2011 Second Quarter Results

    Jun 29, 2011, 09:00 AM by User Not Found
    News Release on July 27, 2011 and Live Audio Webcast on July 28, 2011 NEW YORK, June 29, 2011 - Assurant, Inc. (NYSE: AIZ), a premier provider of specialty insurance and insurance-related products and services, will release 2011 second quarter results on Wednesday, July 27, 2011, after the market closes, with the news release available on Assurant's website at www.assurant.com . In conjunction with the earnings release, Assurant will host a conference call the next morning, Thursday, July 28, 2011, at 8:00 a.m. ET that is expected to last one hour. The call will be made available to the public via live audio webcast. Robert B. Pollock, president and chief executive officer; Michael J. Peninger, executive vice president and chief financial officer; Christopher J. Pagano, executive vice president, treasurer and chief investment officer; and Melissa Kivett, senior vice president, investor relations, will review 2011 second quarter results during the call. The live audio webcast will be
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  • Assurant Specialty Property Expands Product Offerings in Dynamic Multifamily Renters Market by Acquiring SureDeposit

    Jun 22, 2011, 09:00 AM by User Not Found
    NEW YORK, June 22, 2011 - Assurant, Inc. (NYSE: AIZ), a premier provider of specialty insurance and insurance-related products and services, announced today that it has purchased SureDeposit, the leading provider of security deposit alternatives to the multifamily renters industry, in an all-cash transaction from Converge Services Group, LLC. "Assurant targets acquisition opportunities which enhance our existing specialty businesses and provide long-term growth opportunities for our shareholders," said Robert B. Pollock, president and CEO of Assurant, Inc. "SureDeposit is an excellent strategic fit with our Specialty Property business and the purchase will be modestly accretive to earnings from the start. With a purchase price of less than $50 million, this acquisition reinforces our commitment to disciplined deployment of capital as we add complementary specialty products to our business portfolio in balance with share repurchases." Assurant will discuss financial details of the
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  • Assurant Finalizes Comprehensive 2011 Property Catastrophe Reinsurance Program

    Jun 20, 2011, 09:00 AM by User Not Found
    NEW YORK, June 20, 2011 - Assurant, Inc. (NYSE: AIZ), a premier provider of specialized insurance and insurance-related products and services, today announced that it has finalized the structure of its 2011 Property Catastrophe Reinsurance (CAT) Program. "Assurant successfully placed the 2011 CAT Reinsurance Program, which provides comprehensive protection from catastrophic storm activity to our clients and shareholders," said Gene Mergelmeyer, president and CEO of Assurant Specialty Property.  "Using a disciplined risk management approach to structure the program, we were pleased that we were able to expand the coverage to recognize the growth in our catastrophe exposure." Multiple factors are considered in evaluating the estimated loss potential from various perils, including the cost efficiency of the reinsurance coverage purchased and the credit quality, financial strength and claims paying ability of the reinsurers in the program. Assurant placed its CAT program in January
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  • Assurant Announces Appointment of Paul J. Reilly to Board of Directors

    Jun 14, 2011, 09:00 AM by User Not Found
    NEW YORK, June 14, 2011 - Assurant, Inc. ("Assurant") (NYSE: AIZ), a premier provider of specialty insurance and insurance-related products and services, announces the appointment of Paul J. Reilly, Executive Vice President and Chief Financial Officer of Arrow Electronics, Inc. to its Board of Directors, effective June 15, 2011. "Paul Reilly is a seasoned financial executive with first-hand understanding of operating in the global marketplace," says Robert B. Pollock, Assurant's president and chief executive officer. "His 20 years at Arrow Electronics and prior role at KPMG Peat Marwick combine to offer the Board diverse perspective and additional risk management expertise." Reilly, 54, is a resident of Garden City, N.Y. and earned a bachelor's degree in accounting from St. John's University. Assurant is a premier provider of specialized insurance products and related services in North America and select worldwide markets. Assurant, a Fortune 500 company and a member of the S&P
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  • Assurant Foundation Contributes $50,000 to American Red Cross Disaster Relief Efforts

    Jun 6, 2011, 09:00 AM by User Not Found
    NEW YORK, June 6, 2011 - The Assurant Foundation, the philanthropic arm of Assurant, Inc., announced today that it will donate $50,000 to the American Red Cross to assist residents of the communities in Alabama, Massachusetts and Missouri and other states devastated by tornadoes in recent weeks. "This donation reflects Assurant and its employees' long-standing commitment to the communities we live in and serve," said Robert B. Pollock, president and chief executive officer of Assurant. "It is our hope that this donation will provide much needed humanitarian relief to the people affected by the storms and help them as they work to rebuild their communities." For more than three decades, the Assurant Foundation has provided financial assistance to charitable organizations to help improve the quality of life for people through better education, health, nutrition and housing.  In recent years, those efforts have helped provide assistance to those affected by earthquakes in Haiti and
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  • Assurant Board of Directors Approves Eighth Dividend Increase

    May 13, 2011, 09:00 AM by User Not Found
    NEW YORK, May 13, 2011 - Assurant, Inc. ("Assurant") (NYSE: AIZ), a premier provider of specialty insurance and insurance-related products and services, announces that its board of directors has declared a quarterly dividend of $.18 per share of common stock. This represents a 13 percent increase above the quarterly dividend of $.16 per share, declared on Jan. 14, 2011. The dividend will be payable on June 7, 2011 to shareholders of record as of the close of business on May 23, 2011. "We are pleased to announce the eighth dividend increase since Assurant went public in 2004 and reaffirm our commitment to create value for Assurant shareholders," said Robert B. Pollock, Assurant's president and CEO. "Our disciplined capital management strategy offers us the financial flexibility to reinvest and grow our business even as we repurchase shares and pay dividends to our shareholders." Future dividend declarations will be made at the discretion of the Assurant board of directors and will be
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  • Assurant Reports First Quarter 2011 Financial Results

    Apr 27, 2011, 09:00 AM by User Not Found
    NEW YORK, April 27, 2011 -- Assurant, Inc., a premier provider of specialty insurance and insurance-related products and services, today reported results for the first quarter ended March 31, 2011.
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  • Assurant to Announce 2011 First Quarter Results

    Apr 4, 2011, 09:00 AM by User Not Found
    News Release on April 27, 2011 and Live Audio Webcast on April 28, 2011 NEW YORK, April 4, 2011 - Assurant, Inc. ("Assurant") (NYSE: AIZ), a premier provider of specialty insurance and insurance-related products and services, will release 2011 first quarter results on Wednesday, April 27, 2011, after the market closes, with the news release available on Assurant's website at www.assurant.com . In conjunction with the earnings release, Assurant will host a conference call the next morning, Thursday, April 28, 2011, at 8:00 a.m. ET that is expected to last one hour. The call will be made available to the public via live audio webcast. Robert B. Pollock, president and chief executive officer; Michael J. Peninger, executive vice president and chief financial officer; Christopher J. Pagano, executive vice president, treasurer and chief investment officer; and Melissa Kivett, senior vice president, investor relations, will review 2011 first quarter results during the call. The live audio
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  • Assurant to Host Investor Day on Tuesday, March 29, 2011

    Mar 16, 2011, 09:00 AM by User Not Found
    NEW YORK, March 16, 2011 - Assurant, Inc. ("Assurant") (NYSE: AIZ), a premier provider of specialty insurance and insurance-related products and services, will host an Investor Day in New York City on Tuesday, March 29, 2011, beginning at 9 am ET. Assurant will host an invited audience of institutional investors and financial analysts and also will webcast the event. Members of Assurant's executive management team will discuss the company's long-term strategy for growth, operational improvement initiatives, and macroeconomic trends affecting the businesses. Speakers will include: Robert B. Pollock, president and chief executive officer; Michael J. Peninger, executive vice president and chief financial officer; Christopher J. Pagano, executive vice president, treasurer and chief investment officer; Melissa Kivett, senior vice president, investor relations; Gene E. Mergelmeyer, president and chief executive officer, Assurant Specialty Property; John S. Roberts, president and chief
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  • Assurant Foundation Contributes $50,000 to American Red Cross Japan Relief Efforts

    Mar 16, 2011, 09:00 AM by User Not Found
    NEW YORK, March 16, 2011 - The Assurant Foundation, the philanthropic arm of Assurant, Inc., announced today that it will donate $50,000 to the American Red Cross Japan Earthquake and Pacific Tsunami Disaster Relief Efforts to help provide medical care and humanitarian relief to the people of Japan following the March 11 earthquake and tsunami. "Assurant and its employees have a strong tradition of helping those in need, which reflects our long-standing value and commitment to community outreach," said Robert B. Pollock, president and chief executive officer of Assurant. "It is our hope that this donation along with support from around the world will help those affected by the tragedy move toward recovery." For more than three decades, the Assurant Foundation has provided financial assistance to charitable organizations to help improve the quality of life for people through better education, health, nutrition and housing. In recent years, those efforts have helped provide assistance
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  • Assurant Announces Board Retirements

    Mar 14, 2011, 09:00 AM by User Not Found
    NEW YORK, March 14, 2011 - Assurant, Inc. ("Assurant") (NYSE: AIZ), a premier provider of specialty insurance and insurance-related products and services, announces that long-serving directors Beth L. Bronner, Allen R. Freedman and Dr. John M. Palms will retire from its Board of Directors effective at the conclusion of the company's annual meeting on May 12, 2011. "Our employees and our Board join me in expressing our gratitude for the dedicated service Beth, Allen and John have provided to Assurant over the years," said Robert B. Pollock, president and chief executive officer of Assurant. "Their insights and unwavering commitment combine to represent 70 years of Board service to our shareholders and our company." Ms. Bronner joined the Assurant Board in 1994 and has headed its compensation committee since 2006. Mr. Freedman initiated and supervised most aspects of the company's U.S. operations beginning in 1978 and served as Chief Executive Officer and Chairman until 2000. Dr. Palms
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  • Alan Colberg Joins Assurant Executive Team

    Feb 14, 2011, 09:00 AM by User Not Found
    NEW YORK, Feb. 14, 2011 - Assurant, Inc. ("Assurant") (NYSE: AIZ), a premier provider of specialty insurance and insurance-related products and services, announces the appointment of Alan Colberg to the newly created position of executive vice president, marketing and business development, reporting to president and CEO Robert B. Pollock, effective March 28, 2011. "Growth is a key priority for Assurant and Alan Colberg's business development capabilities, vast market knowledge and intimate understanding of our specialty strategy make him a strong addition to our leadership team," said Robert B. Pollock, president and chief executive officer of Assurant. "Alan's business acumen as a top-advisor to leading global companies, including Assurant, will allow us to accelerate opportunities to enhance strategic adjacencies and expand revenue streams." In this new corporate post, Colberg will be responsible for fully integrating Assurant's strategy with business-level innovation and growth
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