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Assurant Inc. reported first-quarter net increased 10 percent to $179.5 million, or $1.45 per diluted share, versus net income of $162.5 million or $1.23 per diluted share for the period last year

Robert B. Pollock, president and chief executive officer of the New York-based carrier, said the company’s annualized operating return on equity for first-quarter 2007 of 18.6 percent indicated excellent progress in targeted growth areas.

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