Key Developments: Assurant Inc (AIZ)

AIZ on New York Consolidated

21 Nov 2014
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$0.72 (+1.06%)
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Latest Key Developments (Source: Significant Developments)

Assurant Inc declares quarterly dividend of $.27 per common share
Friday, 14 Nov 2014 12:14pm EST 

Assurant Inc:Declares quarterly dividend of $.27 per share of common stock.Dividend will be payable on Dec. 15, to stockholders of record as of close of business on Dec. 1.  Full Article

Assurant Inc to strengthen mobile services capabilities with acquisition of CWI Group
Monday, 27 Oct 2014 04:05pm EDT 

Assurant Inc:Made a binding offer and has been granted exclusivity to acquire CWI Group, a mobile insurance administrator in France, for about 56 mln euros ($71 million).Proposed transaction is expected to close in the fourth quarter 2014.  Full Article

Assurant Inc agrees to sell American Reliable Insurance Company to Global Indemnity for $114 mln
Thursday, 16 Oct 2014 06:20pm EDT 

Assurant Inc:Says an agreement to sell its general agency business and associated insurance carrier, American Reliable Insurance Company, to Global Indemnity Group, Inc., a subsidiary of Global Indemnity plc, for about $114 mln in cash.  Full Article

Assurant Inc names new president and CEO
Tuesday, 16 Sep 2014 08:00am EDT 

Assurant Inc:Says 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 Robert B. Pollock who announced his plan to retire earlier this year.  Full Article

Assurant Inc expands mortgage industry offerings with acquisition of eMortgage Logic
Thursday, 4 Sep 2014 04:05pm EDT 

Assurant Inc:Says expansion of its risk management offerings for the mortgage industry with the acquisition of eMortgage Logic, LLC, a national provider of residential valuation products and valuation technology services.Acquired eMortgage Logic in a cash transaction for an initial payment of $17 mln, with a possible earnout payment based on future performance.  Full Article

Assurant Inc declares quarterly dividend
Thursday, 10 Jul 2014 02:07pm EDT 

Assurant Inc:Declares quarterly dividend of $.27 per share of common stock.Dividend will be payable on Sept. 9, 2014 to stockholders of record as of close of business on Aug. 25, 2014.  Full Article

Assurant Inc approves consecutive dividend increase
Friday, 9 May 2014 12:01pm EDT 

Assurant Inc:Declared a quarterly dividend of $.27 per share of common stock.Represents an eight percent increase above the prior quarterly dividend of $.25 per share.Payable on June 10, to stockholders of record on May 27.  Full Article

Assurant Inc announces leadership retirement and succession plans
Tuesday, 6 May 2014 08:00am EDT 

Assurant Inc:President and chief executive officer Robert B. Pollock plans to retire as officer and director at year-end 2014 following distinguished 33-year career with the company.Board has long had succession planning process and has commenced a comprehensive search to evaluate both internal and external candidates for the CEO post.Russell Reynolds Associates will assist Board in identifying Pollock's successor.  Full Article

Assurant Inc acquires StreetLinks LLC
Wednesday, 16 Apr 2014 04:01pm EDT 

Assurant Inc:Acquires StreetLinks LLC for about $60 mln in cash, plus potential earnout payment based on future performance.Assurant expects transaction to be accretive to earnings in 2015.  Full Article

Novation Companies sells StreetLinks for $60 mln to Assurant
Wednesday, 16 Apr 2014 04:00pm EDT 

Novation Companies Inc:Says its subsidiary, StreetLinks, LLC is sold to Assurant, Inc. for $60 mln in cash, plus a potential earn-out payment of up to $12 mln post-closing based on StreetLinks future performance.Novation was advised by Keefe, Bruyette & Woods, Inc.  Full Article

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