The Delaware Department of Insurance, along with insurance regulators for forty-eight other jurisdictions, have reached a multi-million dollar settlement with Assurant Inc. regarding the company’s writing of force-placed property insurance, of which Assurant is the nation’s largest writer. Force-placed property …
Global risk management products and services provider, Assurant Inc., announced an agreement to acquire Green Tree Insurance Agency Inc., which has offices in Minnesota and South Dakota. Assurant is buying Green Tree from a wholly-owned subsidiary of Walter Investment Management …
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, 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 …
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 …
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 …
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 …
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 …
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 …
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 …
