Assurant Inc. News

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 …