New York-listed (re)insurer Assurant has paid $3.5mn to settle charges with the Securities and Exchange Commission (SEC) that it inflated its reported income in 2004 using a finite reinsurance scheme.
New York-listed (re)insurer Assurant has paid $3.5mn to settle charges with the Securities and Exchange Commission (SEC) that it inflated its reported income in 2004 using a finite reinsurance scheme.