Assurant shares drop following earnings report

Assurant shares dropped 2.3 percent today after the specialty
carrier reported a decline in second quarter revenue and a
weakening combined ratio in its largest segment.
The stock fell as low as $100.88 before recovering almost half
of its losses to close at $103.84 in New York Stock Exchange
trading.
After markets closed yesterday, the New York-based insurer
posted results that beat Wall Street earnings estimates, citing the
absence of catastrophe losses and reduced corporate expenses.
The spec