American Bankers Insurance Group Makes Announcement.MIAMI--(BUSINESS WIRE)--April 16, 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 Thursday it is monitoring the situation related to yesterday's news release by Cendant Corp. concerning the restatement of Cendant's earnings. Cendant has assured American Bankers that as additional facts are developed, American Bankers will be kept fully informed. Executive management from American Bankers continues to support the current transaction. American Bankers Insurance Group Inc. 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. ABI, through its insurance subsidiaries, operates in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Canada, Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. , the Caribbean and the United Kingdom. CONTACT: American Bankers Insurance Group Inc., Miami P. Bruce Camacho, Executive Vice President Investor Relations Investor relations The process by which the corporation communicates with its investors. , 305/252-7060 |
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