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Floods, Phones Contribute to Assurant Profit Decline

Assurant Inc., the insurer that sells coverage protecting mobile phones and homes, posted the second-biggest decline in the S&P 500 Index after third-quarter profit slumped. The insurer dropped $4.82, or 5.3 percent, to $86.48 at 10:06 a.m. in New York …
Source: Claims Journal