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American Bankers Insurance Group Inc. Submits Letter to Florida Insurance Department in Connection With Cendant's Offer.


MIAMI--(BUSINESS WIRE)--Feb. 24, 1998--American Bankers Insurance Group Inc. (NYSE NYSE

See: New York Stock Exchange
:ABI Abi (ā`bī) [short for Abijah], in the Bible, King Hezekiah's mother.


(Application Binary Interface) A specification for a specific hardware platform combined with the operating system.
) announced Tuesday that it had submitted to Commissioner William Nelson of the Florida Insurance Department a letter which raises questions and solicits information from Cendant in connection with Cendant's application before the Department to acquire control of the company's Florida insurance subsidiaries.

Copies of the letter were also sent to the Insurance Departments of the states of Arizona, Georgia, New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, South Carolina South Carolina, state of the SE United States. It is bordered by North Carolina (N), the Atlantic Ocean (SE), and Georgia (SW). Facts and Figures


Area, 31,055 sq mi (80,432 sq km). Pop. (2000) 4,012,012, a 15.
 and Texas.

American Bankers Insurance Group Inc. (ABIG ABIG American Bankers Insurance Group
ABIG Access Bus Industry Group
) concentrates on marketing affordable, specialty insurance products and services through financial institutions, retailers and other entities offering consumer financing as a regular part of their business. ABIG, through its insurance subsidiaries, operates in the United States, Canada, the Caribbean, Latin America and the United Kingdom.

CONTACT: American Bankers Insurance Group Inc., Miami

P. Bruce Camacho, Executive Vice President

Investor Relations, 305/252-7060
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 24, 1998
Words:145
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