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A.M. Best Downgrades Issuer Credit Ratings of Assurant, Inc.’s Health Insurance Subsidiaries; Places Ratings Under Review With Negative Implications

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OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has downgraded the issuer credit ratings to “bbb” from “bbb+” and affirmed the financial strength rating of B++ (Good) of the health insurance subsidiaries of Assurant, Inc. (Assurant) (New York, NY) [NYSE: AIZ]: Time Insurance Company (TIC) and John Alden Life Insurance Company (John Alden). All ratings have been placed under review with negative implications. TIC and John Alden are domiciled in Milwaukee, WI and are collectively referred to as Assuran

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