Assurant Inc. News

Assurant Partners with Website Security Firm on Cyberattack Prevention for Small Businesses

Assurant, Inc., global provider of risk management options, has partnered with website security company GamaSec to help small and medium businesses lower the risk of attacks on their websites. Assurant is providing support for the limited warranty issued by GamaSec …

Assurant Names Waghray Chief Technology Officer in Atlanta

Assurant, Inc. has appointed Ajay Waghray to the role of chief technology officer and to the company’s management committee, effective May 9, 2016. In this newly created role, Waghray will drive technology strategy and align IT with business objectives across …

Mass. AG Healey: Insurer Improperly Charged Thousands of Homeowners

The largest force-placed insurance company in Massachusetts has agreed to provide refunds to homeowners to settle allegations that it improperly charged for force-placed insurance policies, Massachusetts Attorney General Maura Healey announced. Under the terms of the assurance of discontinuance, filed …

Wisconsin-Based Assurant Health Exiting Health Insurance Business

The parent company of Milwaukee, Wis.-based Assurant Health says it has reached agreement to sell some business lines and assets to National General Holdings Corp. as it exits the health insurance market. Time Insurance Co. (TIC) and John Alden Life Insurance Co. (John …

New York’s Assurant Says CEO Pollock Plans to Retire at End of 2014

Assurant Inc., a New York-based provider of specialty insurance and insurance-related products and services, announced its president and chief executive officer Robert B. Pollock, 59, plans to retire as an officer and director at year-end 2014 following a 33-year career …

Travelers to Exit NFIP’s Write-Your-Own Program

The Travelers Companies said it plans to discontinue its participation as a Write-Your-Own (WYO) company in the National Flood Insurance Program. Travelers is selling its WYO policy renewal rights interest to American Bankers Insurance Company of Florida (ABIC), part of …

N.Y. Reaches Settlement With QBE Over ‘Force-Placed’ Insurance Business

New York officials announced this morning that a New York State Department of Financial Services (DFS) investigation produced an additional settlement with a major “force-placed” or “lender-placed” insurer, QBE. The settlement with QBE, the nation’s second-largest force-placed insurer, follows an …

Lawsky Urges Fellow Regulators to Reform Force-Placed Insurance Market

New York Financial Services Superintendent Benjamin Lawsky, whose department reached a settlement with the country’s largest “force-placed” or “lender-placed” insurer Assurant last month, is urging fellow regulators from around the country to follow New York’s lead. Superintendent Lawsky said in …

N.Y. Reaches Settlement With Assurant, Largest ‘Force-Placed’ Insurer in U.S.

The New York State Department of Financial Services investigation has produced a settlement with the country’s largest “force-placed” insurer, Assurant Inc. New York Gov. Andrew Cuomo, who announced the news this morning, said the settlement will help lead a nationwide …

Assurant Appoints Senior VP of Corporate Development in New York

Assurant Inc., a provider of specialty insurance and insurance-related products and services, appointed Larry N. Port to the position of senior vice president, corporate development. He is based in Assurant’s headquarters office in New York. In his new role, Port …