Tag Archives: Investor Relationsfrancesca

Business, Finance, Occupation & Industry

Assurant, Inc. Announces Closing of $700 Million Senior Notes

Leave a comment

By Business Wirevia The Motley Fool

Filed under:

Assurant, Inc. Announces Closing of $700 Million Senior Notes

NEW YORK–(BUSINESS WIRE)– Assurant, Inc., a provider of specialty insurance and insurance-related products and services, announced the closing of its previously announced public offering of $350 million in aggregate principal amount of its 2.50% senior notes due 2018 and $350 million in aggregate principal amount of its 4.00% senior notes due 2023 (together, the “Senior Notes“).

Assurant estimates that the net proceeds from the sale of the Senior Notes will be approximately $693 million, after deducting the underwriting discounts and the estimated offering expenses payable by the company. Assurant intends to use the net proceeds of the Senior Notes offering for general corporate purposes, including to repay $500 million of debt due in 2014.

The offering of the Senior Notes was registered under the Securities Act of 1933, as amended. BofA Merrill Lynch and J.P. Morgan Securities LLC acted as joint book-running managers for the offering.

This news release is neither an offer to sell nor a solicitation of an offer to buy Senior Notes, nor does it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful.

About Assurant

Assurant is a provider of specialized insurance products and related services in North America and select worldwide markets. The company conducts its business through four operating segments—Assurant Solutions, Assurant Specialty Property, Assurant Health and Assurant Employee Benefits—and provides debt protection administration; credit-related insurance; warranties and service contracts; pre-funded funeral insurance; solar project insurance; lender-placed homeowners insurance; renters insurance and related products; manufactured housing homeowners insurance; individual health and small employer group health insurance; group dental insurance; group disability insurance; and group life insurance. Assurant is headquartered in New York‘s financial district.

Assurant, Inc.
Media:
Vera Carley, 212-859-7002
Director, Media Relations and Financial Communications
vera.carley@assurant.com
or
Investor Relations:
Francesca Luthi, 212-859-7197
Senior Vice President, Investor Relations
francesca.luthi@assurant.com
or
Suzanne Shepherd, 212-859-7062
Director, Investor Relations
suzanne.shepherd@assurant.com

KEYWORDS:   United States  North America  New York

INDUSTRY KEYWORDS:

The article Assurant, Inc. Announces Closing of $700 Million Senior Notes originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not …read more
Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Assurant to Announce 2013 First Quarter Financial Results

Leave a comment

By Business Wirevia The Motley Fool

Filed under:

Assurant to Announce 2013 First Quarter Financial Results

News Release on April 24, 2013 and Live Audio Webcast on April 25, 2013

NEW YORK–(BUSINESS WIRE)– Assurant, Inc. (NYS: AIZ) , a premier provider of specialty insurance and insurance-related products and services, will release 2013 first quarter results on Wednesday, April 24, 2013, after the market closes, with the news release available on Assurant’s website at www.assurant.com. In conjunction with the earnings release, Assurant will host a conference call the next morning, Thursday, April 25, 2013, at 8:00 a.m. ET that is expected to last one hour. The call will be made available to the public via live audio webcast.

Robert B. Pollock, president and chief executive officer; Michael J. Peninger, executive vice president and chief financial officer; Christopher J. Pagano, executive vice president, treasurer and chief investment officer; and Francesca Luthi, senior vice president, investor relations, will review 2013 first quarter results during the call.

The live audio webcast will be accessible through the Investor Relations section of Assurant’s website. An archived replay of the webcast also will be available shortly after the live event.

Assurant is a premier provider of specialized insurance products and related services in North America and select worldwide markets. Its four key businesses — Assurant Solutions, Assurant Specialty Property, Assurant Health, and Assurant Employee Benefits — partner with clients who are leaders in their industries and build leadership positions in a number of specialty insurance market segments worldwide.

For more information on Assurant, please visit http://www.assurant.com and follow us on Twitter (@AssurantNews).

Assurant, a Fortune 500 company and a member of the S&P 500, is traded on the New York Stock Exchange under the symbol AIZ. Assurant has approximately $29 billion in assets and $8 billion in annual revenue.

Assurant, Inc.
Media:
Vera Carley, 212-859-7002
Director, Media Relations and Financial Communications
vera.carley@assurant.com
or
Investor Relations:
Francesca Luthi, 212-859-7197
Senior Vice President, Investor Relations
francesca.luthi@assurant.com
or
Suzanne Shepherd, 212-859-7062
Director, Investor Relations
suzanne.shepherd@assurant.com

KEYWORDS:   United States  North America  New York

INDUSTRY KEYWORDS:

The article Assurant to Announce 2013 First Quarter Financial Results originally appeared on Fool.com.

…read more
Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Assurant and Subsidiaries Reach Agreement with New York Department of Financial Services

Leave a comment

By Business Wirevia The Motley Fool

Filed under:

Assurant and Subsidiaries Reach Agreement with New York Department of Financial Services

NEW YORK–(BUSINESS WIRE)– Assurant, Inc. (NYS: AIZ) , a premier provider of specialty insurance and insurance-related products and services, and its subsidiaries American Security Insurance Company (ASIC) and American Bankers Insurance Company of Florida (ABIC), reached an agreement with the New York Department of Financial Services (NYDFS) regarding lender-placed insurance in the State of New York.

Under the terms of the agreement, ASIC and ABIC, both part of Assurant Specialty Property, will:

  • Make a $14 million settlement payment, without admitting or denying any wrongdoing
  • Modify certain lender-placed business practices consistent with new regulations expected to be issued by the NYDFS that will apply to all New York-licensed lender-placed insurers of properties in the state
  • File its new lender-placed program and new rates in New York
  • Establish a refund opportunity program to be administered by an independent third party, through which New York property owners with ASIC or ABIC polices issued on or after Jan. 1, 2008 may be eligible for refunds of a portion of their premiums. Additional details and requirements will be available beginning in May 2013 at www.NY-AmericanSecurityFPIRefund.com.

In commenting on the agreement, Gene Mergelmeyer, president and chief executive officer of Assurant Specialty Property said: “With matters resolved with the New York Department of Financial Services, we look forward to filing our next generation lender-placed product as we continue to meet the needs of our clients and customers in New York with outstanding service and support.”

Assurant is a premier provider of specialized insurance products and related services in North America and select worldwide markets. Assurant, a Fortune 500 company and a member of the S&P 500, is traded on the New York Stock Exchange under the symbol AIZ. Assurant has approximately $29 billion in assets and $8 billion in annual revenue. www.assurant.com

Assurant, Inc.
Media:
Shawn Kahle, 212-859-7047
Vice President, Corporate Communications, Assurant
shawn.kahle@assurant.com
or
Robert Byrd, 770-763-2319
Senior Director, Communications, Assurant Specialty Property
robert.byrd@assurant.com
or
Investor Relations:
Francesca Luthi, 212-859-7197
Senior Vice President, Investor Relations
francesca.luthi@assurant.com
or<br …read more
Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Assurant Announces Board Change

Leave a comment

By Business Wirevia The Motley Fool

Filed under:

Assurant Announces Board Change

NEW YORK–(BUSINESS WIRE)– Assurant, Inc. (NYS: AIZ) , a premier provider of specialty insurance and insurance-related products and services, announces that long-serving director H. Carroll Mackin, 72, will not stand for re-election to its Board of Directors at the company’s annual meeting on May 9, 2013.

“The employees and Directors of Assurant join me in expressing our gratitude to Carroll for his dedicated service to Assurant over the years,” said Elaine D. Rosen, chair of Assurant’s Board. “Carroll was the fourth employee of the company, led many important initiatives and served as Treasurer for many years. We appreciate his many contributions.”

Assurant is a premier provider of specialized insurance products and related services in North America and select worldwide markets. Assurant, a Fortune 500 company and a member of the S&P 500, is traded on the New York Stock Exchange under the symbol AIZ. Assurant has approximately $29 billion in assets and $8 billion in annual revenue. www.assurant.com

Assurant, Inc.
Media:
Vera Carley, 212-859-7002
Director, Media Relations and Financial Communications
vera.carley@assurant.com
or
Investor Relations:
Francesca Luthi, 212-859-7197
Senior Vice President, Investor Relations
francesca.luthi@assurant.com
or
Suzanne Shepherd, 212-859-7062
Director, Investor Relations
suzanne.shepherd@assurant.com

KEYWORDS:   United States  North America  New York

INDUSTRY KEYWORDS:

The article Assurant Announces Board Change originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

(function(c,a){window.mixpanel=a;var b,d,h,e;b=c.createElement(“script”);
b.type=”text/javascript”;b.async=!0;b.src=(“https:”===c.location.protocol?”https:”:”http:”)+
‘//cdn.mxpnl.com/libs/mixpanel-2.2.min.js’;d=c.getElementsByTagName(“script”)[0];
d.parentNode.insertBefore(b,d);a._i=[];a.init=function(b,c,f){function d(a,b){
var c=b.split(“.”);2==c.length&&(a=a[c[0]],b=c[1]);a[b]=function(){a.push([b].concat(
Array.prototype.slice.call(arguments,0)))}}var g=a;”undefined”!==typeof f?g=a[f]=[]:
f=”mixpanel”;g.people=g.people||[];h=[‘disable’,’track’,’track_pageview’,’track_links’,
‘track_forms’,’register’,’register_once’,’unregister’,’identify’,’alias’,’name_tag’,
‘set_config’,’people.set’,’people.increment’];for(e=0;e<h.length;e++)d(g,h[e]);
a._i.push([b,c,f])};a.__SV=1.2;})(document,window.mixpanel||[]);
mixpanel.init("9659875b92ba8fa639ba476aedbb73b9");

function addEvent(obj, evType, fn, useCapture){
if (obj.addEventListener){
obj.addEventListener(evType, fn, useCapture);
return true;
…read more
Source: FULL ARTICLE at DailyFinance