Welcome to our dedicated page for Assurant news (Ticker: AIZ), a resource for investors and traders seeking the latest updates and insights on Assurant stock.
Assurant, Inc. operates as a global protection company that partners with brands to safeguard and service connected devices, homes and automobiles. Company news commonly centers on Global Lifestyle and Global Housing results, including mobile device protection, Connected Living trade-in and upgrade programs, extended service contracts, lender-placed homeowners coverage, flood and manufactured housing insurance, and home warranty offerings.
Recurring updates also cover client partnerships with mobile operators, real estate brands and automotive channels; industry reports on the secondary market for mobile devices; quarterly earnings, outlook commentary, catastrophe impacts and capital actions such as share repurchases. These developments reflect Assurant's mix of fee, insurance, warranty and service programs across consumer-device, housing and vehicle-protection markets.
Assurant (NYSE: AIZ) has been named one of America's Most JUST Companies for the second consecutive year by JUST Capital and CNBC. The recognition is part of the 2025 Rankings of America's Most JUST Companies, which evaluates major corporations on key priorities including fair wages, worker well-being, career advancement, transparency, community support, ethical leadership, and customer treatment.
Companies in the JUST 100, compared to Russell 1000 peers, demonstrate superior performance metrics including:
- 75.1% higher rate of paying family-sustaining wages
- $1.95 higher nationwide minimum wage
- 16.4 more hours of career development training per employee
- 2 additional weeks of paid parental leave
- 48% lower CO2 emissions per revenue dollar
Assurant CEO Keith Demmings emphasized the company's commitment to advancing a connected, respected, and protected world, highlighting their purpose-driven approach to serving all stakeholders.
Assurant (NYSE: AIZ) announced key leadership changes across its European and Latin American operations. Felipe Sanchez has been appointed as president of Europe, overseeing operations in France, Germany, Italy, Netherlands, Spain, and the UK, pending regulatory approval. He succeeds Christian Formby, who becomes president of Specialty Solutions, Global Housing.
Diego Gomez, after serving as president of Assurant Argentina for six years, will become president of Assurant Mexico. Under his leadership, Assurant established its first Global Capabilities Center (GCC) in Buenos Aires. Ines Aramburu, previously vice president of Assurant International's People organization, has been appointed president of Assurant Argentina. She played a important role in launching GCCs in Argentina and India.
Assurant Foundation has made a $30,000 donation to the National Automobile Dealers Association (NADA) Foundation's Workforce Initiative at NADA Show 2025 in New Orleans. This marks the sixth consecutive year of Assurant's support, bringing their total contribution since 2019 to $165,000.
The NADA Workforce Initiative, established in 2018, aims to address the shortage of service technicians and promote dealership career opportunities. The program provides resources for recruiting talent and highlights competitive salaries, benefits, and advancement opportunities in dealerships nationwide.
The initiative has expanded to include recruitment for all dealership roles and departments, offering centralized, brand-neutral tools for talent acquisition. The donation will support efforts to develop a modern, inclusive automotive service workforce, particularly important as the industry evolves with new technologies like electric vehicles and enhanced connectivity.
Assurant (NYSE: AIZ) has established mobile claims support sites in Burbank and Santa Monica to assist Southern California policyholders affected by regional wildfires. The company now offers multiple claim filing options: online, via phone, and in-person at these new locations operating daily from 7:00 a.m. to 7:00 p.m. PST.
To support recovery efforts, Assurant is implementing several initiatives including electronic payments for quick disbursement and proactive outreach to policyholders. The company is also supporting its Southern California employees through paid time off, access to Employee Assistance Program, and emergency financial assistance through the ACES Fund.
The Assurant Foundation is contributing $250,000 in total relief funds: $150,000 to the American Red Cross, $50,000 to the California Community Foundation's Wildfire Recovery Fund, and $50,000 to the California Fire Foundation's LA Wildfire & Disaster Relief Fund.
Assurant (NYSE: AIZ) has announced a quarterly dividend declaration of $0.80 per share of common stock. The dividend will be paid on March 31, 2025, to stockholders of record as of February 3, 2025. The company, which specializes in business services supporting major consumer purchases, notes that future dividend declarations will be made at the Board's discretion, considering factors such as earnings, financial condition, capital requirements, future prospects, and regulatory restrictions.
Assurant (NYSE: AIZ) has announced it will release its fourth quarter and full year 2024 financial results on Tuesday, February 11, 2025, after market close. The company will host a conference call on Wednesday, February 12, 2025, at 8:00 a.m. ET to discuss the results.
The earnings call will feature presentations from Keith Demmings, president and CEO, Keith Meier, CFO, and Sean Moshier, VP of Investor Relations. The event will be accessible via live audio webcast in the Investor Relations section of Assurant's website, with supplemental materials and an archived replay available after the event.
Assurant (NYSE: AIZ) has been recognized on Newsweek's America's Most Responsible Companies 2025 list for the second consecutive year. The recognition, presented in collaboration with Statista, reflects the company's commitment to corporate responsibility and sustainability.
The ranking is based on over 30 Key Performance Indicators across three Corporate Social Responsibility (CSR) pillars and includes CSR reputation derived from public perception surveys among U.S. residents. Keith Demmings, president and CEO, emphasized the company's dedication to sustainability and responsible business practices, highlighting their mission to improve lives and advance a connected, respected, and protected world.
Assurant (NYSE: AIZ) reported that mobile device trade-in programs returned $1.09 billion to consumers in Q3 2024, marking the first-ever third-quarter to exceed $1 billion in returns. The iPhone 13 became the most traded-in device, representing 23.2% of top five trade-ins, while the Galaxy S22 Ultra 5G led Android trade-ins. The average age of traded devices decreased for the first time in 2024, with iPhones averaging 3.69 years and Android devices 3.38 years at trade-in. Notably, 5G devices became the top traded models across both Android and Apple platforms.
Assurant (NYSE: AIZ) has appointed Kevin Warren, former chief marketing and customer experience officer at UPS, to its Board of Directors, effective January 15, 2025. Warren will serve on the company's Compensation and Talent committee. He brings extensive experience from UPS and Xerox in customer experience, supply chain management, digital enablement, and strategic growth initiatives. Warren currently serves on Fiserv's Board of Directors. The announcement also includes the planned departures of Board members Lawrence Jackson and Paget Alves, with Jackson retiring at the 2025 annual shareholder meeting and Alves leaving on January 15, 2025, to become CEO of Sorensen.
Assurant (NYSE: AIZ) has announced an 11% increase in its quarterly dividend, raising it by $0.08 to $0.80 per share of common stock. The dividend will be paid on December 30, 2024, to stockholders of record as of December 9, 2024. This marks the company's 20th consecutive year of dividend increases since its IPO. CFO Keith Meier emphasized that this increase reflects Assurant's strong capital position and confidence in long-term cash generation from their Global Lifestyle and Global Housing businesses.