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Assurant Incorporation


Assurant Incorporation is a publicly traded company having a good stock performance result. Its businesses provide a unique variety of products and services that assure opportunity, security and peace of mind for their customers. Assurant Incorporation is a fortune 500 stock listed company trading under AIZ.
 
They provide creditor placed homeowners insurance, debt protection administration, manufactured housing homeowners insurance, credit insurance, warranties and extended services contracts, individual health and small employer group health insurance, group dental insurance, group disability insurance, group life insurance, and pre-funded funeral insurance.
 
Assurant provides strategic management and key resources for its U.S. operating companies including asset management, tax, accounting, employee benefits, legal and communications. Assurant also has offices in Syracuse, New York, West Des Moines, Iowa, and in Woodbury, Minnesota, which provide service support for its operating companies in such areas as information technology, financial and human resources systems management and New York State policy administration.
 
The Assurant companies have deep roots in various communities across the United States and abroad. Through participation in community-based programs such as sponsorships, donations and employee volunteer programs, they work to fight illness and disease, promote education, aid and protect children, and prevent hunger and homelessness.
 
Mr. Clayton continues to serve as Director until the earlier of the end of 2006 or the appointment of his successor. The Board of Directors does not plan to appoint another Vice Chairman to succeed Mr. Clayton and does plan to appoint an independent director.
Assurant is a provider of specialized insurance products and related services in North America and selected other markets.
 
Net income in the fourth quarter of 2005 was 137.0 million dollars nor 1.03 dollars per diluted share a 59 percent increase over fourth quarter 2004 net income of 86.1 million dollars, or 0.61 dollars per diluted share. Net operating income for the fourth quarter of 2005 increased 65 percent to 142.4 million dollars, or 1.07 dollars per diluted share, compared to fourth quarter 2004 net operating income of 86.5 million dollars, or 0.62 dollars per diluted share.Net earned premiums was of 1.6 billion dollars in the fourth quarter of 2005 were comparable to the same period in 2004.
 
The company is dedicated to providing its customers with an exclusive variety of products and services that assure opportunity, security and peace of mind. Their strategy is to manage a select portfolio of specialty businesses that are leaders in their markets.
 

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