Assurant Receives Subpoena Relating to Finite Risk Insurance

News Release

NEW YORK, June 16, 2005—Assurant, Inc. ("Assurant") (NYSE: AIZ), today announced that it had received a subpoena from the United States Attorney for the Southern District of New York on June 15, 2005, requesting documents relating to the use of finite risk insurance and related products. The Company understands that other insurers have received similar subpoenas. Assurant intends to cooperate with the request.

Assurant, which is traded on the New York Stock Exchange under the symbol AIZ, has over $20 billion in assets and $7 billion in annual revenue.

Press Contact:

Drew Guthrie
Manager, Communications
and Media Relations
Phone: 212-859-7002
Fax: 212-859-5893

Investor Relations:

Melissa Kivett
Vice President
Investor Relations
Phone: 212-859-7029
Fax: 212-859-5893

Larry Cains
Senior Vice President
Investor Relations
Phone: 212-859-7045
Fax: 212-859-5893