Updated 02.20.2010
Summary: Assurant has scored fairly below average across all three of InvesGuard's scoring parameters. Enhanced disclosures combined with key changes in some of its governance frameworks may increase its scores.
The usual suspects plague Assurant's low governance scores- Overstretched directors, opaqueness in its reports and weak governance frameworks and processes.
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Board Size: 12
Board of Directors Compensation($): Cash- $40,000 ;Stock- - In addition to cash compensation, the Board of Directors has authorized that each non- employee director will receive, on the first date he or she becomes a non-employee director, an initial award of: (1) shares of our Common Stock having an aggregate fair market value on the grant date equal to $60,000; and (2) SARs with respect to that number of shares of Common Stock having an aggregate fair market value on the grant date equal to $60,000
Total greenhouse gas emissions(CO2e): 2008- Not Known metric tons 2007- not known
Total CEO compensation for 2008($): $7.9 million