Assurant Specialty Property, a provider of lender-placed hazard insurance and outsourcing services to the U.S. mortgage industry, announced plans to create 200 new jobs at its Ohio Service Center in Springfield over the next year.
To accommodate the new employees, the company said it will invest more than $1 million in furniture and equipment to reconfigure certain workspaces at its 150,000 square-foot, three-building office complex off Leffel Lane and expand a second work shift.
Assurant Specialty Property, part of Assurant, moved the Ohio center to its current location at 1 Assurant Way in 2002. Employment there has grown steadily over the past three years, increasing from about 600 in July 2002 to more than 1,270.
John B. Owen, president and chief executive officer of Assurant Specialty Property, said the additional jobs would enable the center to accommodate the continued growth of existing client business and to take on additional accounts.
Owen said the City of Springfield, Clark County and the Ohio Department of Development have been very supportive of company’s expansion plans. Pending state and local approval, project support includes a package of approximately $1 million in job creation tax credits, training funds, a business development grant and employment incentive grants, he said.


Banks Still Face Legal Claims After $25 Billion Settlement
MF Global Judge to Examine Insurance Payments for Former Executives
Daredevil CEOs May Put Companies at Risk
California Independent Contractor Law May Be Liability for Agents, Brokers
North Carolina Continues Auto Regulation Debate As Rates Stay Same for 2012
Long-time California Lobbyist Looks to 2012 Legislation Affecting Insurance
Mine Safety Chief Seeks to End Complacency Over Safety
Virginia Court Grants Rehearing of Global Warming Claims Case


