Assurant News

People News: Assurant, Great American, CNA

Assurant Names John Pawloski as Chief Compliance Officer Assurant, Inc., a global provider of risk management solutions, announced the appointment of John Pawloski to senior vice president, chief compliance officer. Reporting to Carey Roberts, Assurant’s chief legal officer, Pawloski will …

Cat Loss Update: 3 Weeks Post-Harvey

Three weeks after Hurricane Harvey made landfall in Texas, claims tallies and the storm’s financial impact are beginning to be calculated. The Insurance Council of Texas estimated $19 billion in insured losses resulting from Hurricane Harvey. The ICT reports massive …

Business News: Assurant, ISO, CoreLogic

Assurant Announces $1.36 Billion 2017 Property Catastrophe Reinsurance Program Assurant, Inc., a global provider of risk management solutions, announced it has finalized a $1.36 billion property catastrophe reinsurance program, reducing the company’s financial exposure and enhancing its ability to protect …

Floods, Phones Contribute to Assurant Profit Decline

Assurant Inc., the insurer that sells coverage protecting mobile phones and homes, posted the second-biggest decline in the S&P 500 Index after third-quarter profit slumped. The insurer dropped $4.82, or 5.3 percent, to $86.48 at 10:06 a.m. in New York …

Business Moves

Verisk Analytics, Inc., Acquires Risk Intelligence Ireland Verisk Analytics, Inc. announced the acquisition of Risk Intelligence Ireland, a provider of fraud detection, compliance, risk control and process automation services to the Irish insurance industry. Following completion of the transaction, Risk …

People on the Move

Assurant Names Mergelmeyer COO As part of its ongoing strategic realignment, Assurant, Inc. announced that Gene Mergelmeyer will be appointed to the role of chief operating officer, effective July 1, 2016. In his new role, he will be responsible for …

Assurant’s 2015 Property Catastrophe Reinsurance Program Finalized

Assurant, a provider of specialty protection products and related services, finalized its $1.3 billion 2015 Property Catastrophe Reinsurance Program, which reduces the Company’s financial exposure and ensures its ability to safeguard homeowners and renters suffering catastrophic losses caused by severe …

Assurant Names Colberg President and CEO

New York-based Assurant, Inc., a provider of specialty insurance products and services, announced the appointment of Alan B. Colberg, as president, effective immediately, and as chief executive officer and director of the company’s board, effective Jan. 1, 2015. He succeeds …

Assurant Purchases $130 Million Catastrophe Reinsurance Coverage

Assurant, Inc., a provider of specialty insurance and insurance-related products and services, announced that certain of its subsidiaries have entered into reinsurance agreements providing for $130 million in three-year, fully collateralized reinsurance from Ibis Re II Ltd., a special purpose …