Kemper Exits Preferred Home and Auto Business
As it reported a net loss in the second quarter of about $97 million, Kemper Corp. said Monday that it is exiting the preferred home and auto insurance market.
Kemper Eyes Rate Hikes, Agency Cancellations After Q4 Fall
Kemper Corp. said it is taking rating and other actions, including canceling some agents, as it seeks to recover from inflation-riddled fourth-quarter financial results. Kemper Corp. reported a net ...
Kemper Granted A.M. Best Ratings Upgrade
Kemper Corp. was granted an A.M. Best upgrade of its financial strength rating, based on a strong balance sheet and solid operating performance over time. The property/casualty insurer and its ...
GEICO, The Hartford, Farmers, Erie Insurance Among Additional Carriers Pursuing Customer Coronavirus Relief
A new round of insurers has implemented auto insurance rebates, premium reductions, donations and other measures to help customers impacted by the coronavirus pandemic. Their actions follow earlier, ...
Executives On The Move at Farmers, W.R. Berkley and Kemper
Farmers Insurance made two promotions within its organization. W.R. Berkley Corp. appointed a former executive from The Navigators Group as a claims executive. Kemper Corp. appointed a new member to ...
Kemper’s 2018 Infinity Acquisition Is the Gift That Keeps on Giving
Kemper Corp.'s produced mostly stellar 2019 second-quarter results, highlighted by a continued boost from its July 2018 $1.3 billion acquisition of specialty auto insurer Infinity Property and ...
Kemper Boosts Premiums and Net Income, Benefiting From $1.3B Infinity Acquisition
Kemper Corp. reported a significant jump in net income during its 2019 first quarter, thanks largely to premium gains and a surge stemming from its acquisition of Infinity Property and Casualty Corp. ...
Kemper’s Personal Auto Insurance Growth Soars
Kemper Corp. is celebrating a boost in net income for the second quarter thanks to "significant growth" in its personal automobile division, a few weeks after closing its recent $1.3 billion ...
Kemper/Infinity Property and Casualty M&A Deal to Close July 2
Kemper Corp. expects to complete its $1.3 billion cash and stock acquisition of Infinity Property and Casualty Corp. on July 2. Both companies disclosed on June 28 that they have all the necessary ...
Shareholders Sign Off on Kemper’s Planned $1.3B Acquisition of Infinity Property and Casualty
Kemper Corp.'s plan to acquire Infinity Property and Casualty Corp. in a $1.3 billion cash and stock deal cleared a major hurdle, with shareholders of both companies signing off on the plan by a wide ...