Assurant Stock Price, News & Analysis

Assurant (NYSE: AIZ) has announced a strategic partnership with Evident to launch the commercial equipment rental industry's first comprehensive end-to-end risk management solution. The partnership combines Evident's AI-powered rental insurance verification with Assurant's protection programs to help rental companies instantly verify insurance coverage and offer Loss Damage Waiver (LDW) coverage when needed.

The integrated solution features automated insurance verification, real-time flagging of non-compliant certificates, and streamlined LDW enrollment. This partnership leverages Assurant's 35+ years of experience in equipment protection and Evident's automated verification platform to address risk exposure in industries like construction, forestry/logging, and agriculture.

Assurant (NYSE: AIZ) has launched HOIVerify® Origination, an API-enabled solution designed to automate insurance verification during mortgage loan origination. The platform leverages Assurant's 40+ years of insurance monitoring experience and extensive carrier relationships to streamline the mortgage approval process.

The solution features real-time policy information access, multi-carrier integration with comprehensive insurance data points, and automated compliance measures. Spring EQ, a fast-growing U.S. lender, is among the early adopters participating in the pilot program.

AM Best has affirmed strong credit ratings for Assurant, Inc. (NYSE: AIZ) and its subsidiaries. The property/casualty subsidiaries maintained their A+ (Superior) Financial Strength Rating and "aa-" (Superior) Long-Term Issuer Credit Ratings, while the life/health subsidiaries retained their A (Excellent) rating.

The ratings reflect Assurant P&C's very strong balance sheet, supported by risk-adjusted capitalization at the strongest level, strong operating performance, and favorable business profile. The company demonstrates consistent profitability through its specialized niche businesses in Global Lifestyle and Global Housing segments, though it faces some property catastrophe exposure in its lender-placed homeowners' business.

Assurant (NYSE:AIZ) reported significant growth in mobile trade-in values for Q2 2025, with consumers receiving $1.34 billion in trade-in value, marking a 60% increase year-over-year. The company's Q2 2025 Mobile Trade-In and Upgrade Industry Trends Report revealed that consumers are keeping their devices longer, with the average device age reaching 3.88 years, up from 3.7 years in the previous year.

The report highlighted that the iPhone 13 and Galaxy S22 Ultra 5G remained the most frequently traded-in Apple and Android devices for the fourth consecutive quarter. According to Biju Nair, President of Global Connected Living & International, consumer interest in AI-capable smartphones is driving trade-in activity, despite Q2 traditionally being a slower period.

Assurant (NYSE: AIZ) has announced a strategic partnership with Arcadium Technologies to streamline the sales process of heavy truck protection products. The collaboration integrates Assurant's Heavy Truck Extended Service Contract into Arcadium's sales management tools, enabling truck dealership professionals to quote and contract services more efficiently.

The partnership eliminates dual-system data entry, accelerates the sales process, and reduces data errors. This integration aims to enhance dealer profitability through improved customer acquisition, retention, and sales effectiveness while supporting equipment uptime for heavy-duty truck, trailer, and equipment dealerships.

Assurant (NYSE: AIZ) and CNH (NYSE: CNH) are continuing their partnership with Habitat for Humanity of Racine & Kenosha Counties to build two new homes in Racine, Wisconsin. This marks their third consecutive year of collaboration, bringing their total to six homes built since 2021.

The initiative mobilized 20 volunteers for the construction phase. Through the Assurant Foundation, the company has invested over $1.4 million in Habitat for Humanity chapters across the U.S., with employees contributing more than 2,000 volunteer hours since 2024. The homes are expected to be completed in June 2026, with approximately 70% of each home being volunteer-built.

Assurant (NYSE: AIZ) has expanded its partnership with Holman, extending its services to 30 newly acquired dealership locations following Holman's 2024 acquisition of Leith Automotive Group. The collaboration includes finance and insurance (F&I) products, dealership sales training, and program guidance.

The partnership, which began in 2016, has helped drive Holman's F&I profitability to record levels. The expanded collaboration has already shown positive results, with the new North Carolina platform experiencing an increase of over $200 in Per Vehicle Retail (PVR). Holman, one of the largest private dealership groups in the U.S., now operates 59 dealerships across nine states.

Assurant (NYSE: AIZ) has successfully closed its public offering of $300.0 million in Senior Notes due 2036, with a 5.550% interest rate. The company expects to receive net proceeds of approximately $296.0 million after deducting underwriting discounts and commissions.

The company plans to use the proceeds to redeem all of its outstanding $175.0 million 6.100% Senior Notes due 2026, pay related expenses, and fund general corporate purposes. Barclays Capital Inc. and Goldman Sachs & Co. LLC served as joint book-running managers for the offering.

Assurant (NYSE: AIZ), a global protection company specializing in connected devices, homes, and automobiles, has announced a quarterly dividend of $0.80 per share of common stock. The dividend will be paid on September 29, 2025 to stockholders of record as of September 2, 2025.

The company notes that future dividend declarations will be subject to Board approval and various factors including earnings, financial condition, capital requirements, and regulatory considerations.