Assurant Says Superstorm Cost Insurer as Much as $220 Million

Assurant Inc. (AIZ), the insurer of foreclosed homes, said superstorm Sandy cost the specialty property unit $200 million to $220 million.

The figures are before tax and after reinsurance, the New York-based company said today in a statement distributed by PR Newswire.

To contact the reporter on this story: Zachary Tracer in New York at ztracer1@bloomberg.net

To contact the editor responsible for this story: Dan Kraut at dkraut2@bloomberg.net

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