ASBESTOS LITIGATION: Assurant Reserves $30.3M for A&E, Liability

Assurant, Inc. carries case reserves and IBNR (incurred but not reported) reserves for asbestos, environmental, and general liability claims totaling US$30.3 million (net of reinsurance) and US$32 million (before reinsurance) at Dec. 31, 2008.

The Company’s property and warranty line of…