05:08 PM EST, 11/13/2025 (MT Newswires) -- Assurant ( AIZ ) said late Thursday its board authorized a share repurchase program for up to $700 million of its common stock.

The new approval is in addition to Assurant's ( AIZ ) current authorization, of which about $141 million remained unused as of Oct. 31, according to a statement.

The company also raised its quarterly dividend by $0.08 to $0.88, payable Dec. 29 to stockholders of record Dec. 1.