DE
|
39-1126612
|
|
(State or other jurisdiction of
|
(IRS Employer
|
|
incorporation)
|
Identification No.)
|
The impairment charge results from the Company's receipt, on November 30, 2010, of notice that the client would not renew its contract with the Company after June 1, 2011. The Company expects the lapse of the contract to have a positive impact on Assurant Solutions' profitability in 2011 as the associated business runs off. No portion of the impairment charge will result in future cash expenditures.
CAUTIONARY STATEMENT - Some of the statements included in this Form 8-K, particularly projections as to future earnings, are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on management's best estimates, assumptions and projections and are subject to significant uncertainties. Actual results may differ materially from those projected in the forward-looking statements. The Company undertakes no obligation to update any forward-looking statements in this Form 8-K as a result of new information or future events or developments. For a detailed discussion of the general risk factors that could affect the Company's results, please refer to the risk factors identified in the Company's annual and periodic reports, including but not limited to its 2009 Annual Report on Form 10-K and Third Quarter 2010 Form 10-Q, each as filed with the U.S. Securities and Exchange Commission.
Assurant, Inc.
|
||||||||
Date: December 03, 2010
|
By:
|
/s/ Stephen W. Gauster
|
||||||
Stephen W. Gauster
|
||||||||
Senior Vice President, Chief Corporate Counsel and Assistant Secretary
|
||||||||