AssuranceAmerica Corporation Announces Executive Change.ATLANTA -- Atlanta-based ASSURANCEAMERICA CORPORATION (OCT OCT ornithine carbamoyltransferase; oxytocin challenge test. OCT ornithine carbamoyl transferase, a liver specific enzyme. OCT Oxytocin stress test, see there BB: ASAM ASAM American Society of Addiction Medicine ASAM Advanced Surface-to-Air Missile ASAM Advanced Services Access Manager ASAM ATM Subscriber Access Multiplexer (Alcatel) ASAM Association for Solidarity with Asylum Seekers and Migrants .OB), announced that Robert J. Cormican, Senior Vice President & Chief Financial Officer has resigned his positions to join Crawford & Company (NYSE NYSE See: New York Stock Exchange ), as an executive officer in an operating role. His resignation is effective February 11, 2005. Lawrence (Bud) Stumbaugh said, "Bob has laid a firm foundation in accounting and finance processes that should position us well for the future. We appreciate the positive things he accomplished with us, and wish him well in his future endeavors. I am pleased Bob will be able to continue to assist AssuranceAmerica while we search for his replacement." Mr. Cormican said, "My time with AssuranceAmerica has been both enjoyable and rewarding - and I am sure the company will continue to grow and prosper under the direction of the executive team they have in place." AssuranceAmerica focuses on the non-standard automobile insurance marketplace, primarily in Florida, Georgia and 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. . Its principal operating subsidiaries are TrustWay Insurance, which sells personal automobile insurance policies through its 32 retail agencies, AssuranceAmerica Managing General Agency, and AssuranceAmerica Insurance Company. This press release includes statements that may constitute "forward-looking" statements. These statements are made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. |
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