Assurant News

Poll Shows Renters Are Confused About Security and Insurance Coverage

Renters are not taking enough precautions to protect their property and valuables and may actually be alerting would-be burglars that their homes are unoccupied, a new survey finds. While fewer home renters (41%) posted news of their vacation on social …

Assurant Invests in Connected Car Services Startup

Niche market specialty insurer Assurant has invested in a technology startup focused on connected car services. The New York-based company declined to disclose the level of investment in Mojio, a technology platform and software-as-a-service (SaaS) provider with offices in Silicon …

Assurant to Buy The Warranty Group for $2.5 Billion

Assurant will pay $2.5 billion to acquire The Warranty Group, a rival that provides insurance protection plans in areas including consumer electronics and appliances. Assurant is buying The Warranty Group from TPG Capital, a global alternative asset firm with interests …

Online Property Management Service Cozy Takes On Renters Insurance Market

The renters insurance market has been a hard nut to crack for the industry, but an insurance carrier and online rental service platform hope their partnership may be the secret to breaking through. Cozy, an online property management site for …

Assurant to Offer Liability Coverage for Vacation Rental Owners

Assurant has partnered with Vacasa, a U.S. vacation rental management company, to provide liability coverage and property insurance for Vacasa’s homeowners. Assurant’s short-term accommodations protection program will be available to the more than 4,600 U.S. homeowners in the Vacasa network, …

Chubb, Assurance, American Financial Tops in P/C Insurer Performance: Fitch Rating

Niche property/casualty insurer Assurant Inc., diversified multi-line writer The Chubb Corp. and specialty commercial lines insurer American Financial Group Inc. are ranked the top three performers over the most recent five-year period in a Fitch Rating report. The statutory financial …

XL Estimates Q2 Cats to Cost $240M, Led by Alberta Wildfires

XL Group Plc, the insurer that expanded last year with the purchase of Catlin Group Ltd., said second-quarter catastrophe costs were probably about $240 million pretax, with wildfires in Alberta, Canada, responsible for about half the total. Flooding in Europe …

Way Promoted to Senior VP and Practice Leader at Assurance

Schaumburg, Ill.-based insurance brokerage, Assurance, Anthony Way to senior vice president, practice leader. Way has been a leader and mentor in the firm’s property/casualty division for six years. Way will oversee Assurance’s Public Entity and Education, Real Estate and Faith-Based …

Assurant, MyDigitalShield to Offer Small Business Data Breach Support

Assurant, Inc. has teamed up with cybersecurity specialist MyDigitalShield to help protect small businesses against losses from data breaches. Assurant will provide support for MyDigitalShield’s data breach guarantee, accompanying MDS’ cybersecurity technology protecting small businesses against the costs associated with …

QBE North America CFO Dziadzio to Join Assurant

Assurant Inc. announced the appointment of Richard S. Dziadzio to the role of chief financial officer and treasurer. Dziadzio joins Assurant from QBE North America where he most recently served as CFO. He will report directly to Assurant President and …