What's changed at Assurant
Every update we've tracked for Assurant, newest first. Each one links to the full note.
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AM Best affirmed the A+ (Superior) financial strength rating of Assurant's property insurers. The outlook is stable. That holds for both American Bankers and American Security. It did this on Sept 23, 2026.
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AM Best affirmed A+ (Superior), stable, for the seven Assurant property and casualty units. In July 2021 the same firms had A (Excellent). So the group was raised to A+ between those dates.
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Multistate deal on force placed insurance
Assurant, Inc. signed a settlement with seven lead states. It covers force placed property insurance sold 2008 to 2014. Four firms sold it. They were American Bankers, American Security, Standard Guaranty and Voyager.
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Agreement with OIR to cut Florida lender placed rates 10 percent
Assurant made a deal with OIR for American Security Insurance Company. The company would cut Florida lender placed hazard rates 10 percent for early 2014. It would also end commissions and quota share deals with lenders.
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American Bankers gets its state license
American Bankers Insurance Company of Florida was formed on Oct 29, 1947. It got its Florida certificate of authority on Dec 30, 1948. It began business that day. Its home office was in Miami.