American Bankers Insurance Group Inc. announces two new nominees to the board of directors.MIAMI--(BUSINESS WIRE)--April 21, 1995--American Bankers Insurance Group Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ABIG ABIG American Bankers Insurance Group ABIG Access Bus Industry Group ) Friday announced that former U.S. Congressman Jack F. Kemp has been nominated for election by the shareholders to the board. Kemp served as secretary of the U.S. Department of Housing and Urban Development (HUD Hud (h  d), a pre-Qur'anic prophet of Islam. Hud unsuccessfully exhorted his South Arabian people, the Ad, to worship the One God. ) under the Bush Administration and is currently co-founder and co-director of Empower America, a newly created Washington based organization that advances politics to expand entrepreneurial capitalization. Kemp served nine terms in the U.S. House of Representatives and served seven years in the Republican Party leadership as chairman of the House Republican Conference. Kemp first gained notoriety by leading the Buffalo Bills to the American Football League For other uses of "AFL", see AFL. ''Note: There were three earlier and unrelated American professional football leagues of the same name: One in 1926, one in 1936-1937 and one in 1940-1941. They are listed at the end of this article. (AFL AFL: see American Federation of Labor and Congress of Industrial Organizations. ) championship in 1964 and 1965 when he was named League's Most Valuable Player. Kemp co-founded the AFL Players Association The AFL Players Association is a body that consists of players and former players in the Australian Football League. Its aim is to provide guidance and assistance to players with a wide range of issues affecting them. The CEO of the AFLPA is former Richmond player Brendon Gale. and was elected president for five consecutive years. He also co-captained and quaterbacked the San Diego Chargers
"Mr. Kemp was nominated for his extensive expertise with the development and implementation of new and innovative programs and well-established relationships in the public sector," said R. Kirk Landon, American Bankers' chairman and chief executive officer. "We are very pleased with the prospect of having Jack as a member of the board of directors." Also being nominated to the company's board to serve the remainder of an outgoing member's term, is Peter J. Dolara, who will be elected by the board at its annual meeting. Dolara is an officer and senior vice president of American Airlines Inc., in Coral Gables, Fla., and is recognized as one of the airline industry's most knowledgeable executives on the Caribbean and Latin American markets. He heads the San Juan and Miami hubs and the Caribbean, Central/South America and Mexico regions for American Airlines. Dolara was 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 reservations manager for Trans Caribbean Airways Trans Caribbean Airways is a former airline owned by O. Roy Chalk. Its hub was San Juan, Puerto Rico. It was acquired by American Airlines in 1971. External links
New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , when he was named vice president. He has served as vice president-Atlantic/Caribbean and New York City sales since March 1984. "Peter Dolara has a wealth of experience in the Caribbean and Latin American markets. As our headquarters are located in Miami, we continue to focus on these regions for future growth opportunities. Peter will be a meaningful addition to the board," said Landon. Kemp's nomination and Dolara's election will replace two outgoing directors on the 15-member board. Shareholders will elect directors at American Bankers' annual meeting on May 24, 1995. American Bankers Insurance Group is one of the leading providers of credit-related insurance programs in the United States, Canada and the Caribbean. The company also conducts business in Latin America and the United Kingdom. ABIG, as an international wholesaler and marketer of insurance products, services and programs, concentrates on marketing through prestigious financial institutions, retailers and other entities which provide consumer financing as a regular part of their business. The company markets an affordable product to a segment of the population that is underserved by the insurance industry. CONTACT: American Bankers Insurance Group Inc., Miami P. Bruce Camacho, Vice President, Investor Relations 305/252-7060 |
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