Asurant CEO Reinstated

Jan 28, 2008

  1. arnguy

    arnguy Guru

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    Assurant announced today that its Board of Directors has reinstated Robert Pollock as President and CEO. He had been placed on administrative leave last July after receiving a Wells notice from the SEC regarding their investigation of certain reinsurtance contracts. He is still under investigation, but the Board felt it was necessary to reinstate him for the good of the company and the shareholders. BTW, a Wells notice is an informal invitation by the SEC advising a person that they are the target of an investigation and allowing them to present evidence prior to a formal charge or charges.
    arnguy, Jan 28, 2008