Affirmative Insurance Holdings Reports Several Recent Actions

Tuesday, July 07, 2009ADDISON, Texas, July 7, 2009 (GLOBE NEWSWIRE) -- Affirmative Insurance Holdings, Inc. (Nasdaq:AFFM) announced the following actions: The Company and M. Sean McPadden, Executive Vice President andPresident -- Insurance Companies, have mutually agreed to terminateMr. McPadden's employment. The Company will incur a charge to its second quarter earnings inconnection with Mr. McPadden's severance in accordance with hisemployment agreement....