Interim Value: What Executive Departures Mean for P/C Insurers
It may not be a trend, but it is nonetheless interesting that several insurance companies in recent months have announced the appointments of interim CEOs. Just when you ...
Kemper News
Rate Hikes Not Bringing Profit to U.S. Auto Insurers: Fitch
Jumps in rates and written premiums did little to move the needle on underwriting profits for U.S. personal auto insurers, Fitch Ratings reported based on a recent review of midyear results of nine ...
Kemper Proposes Nearly $18M Settlement in Class Action Involving Two Data Breaches
Kemper Insurance has proposed to settle a class action stemming from two data breaches in a deal valued at about $17.6 million. The dual breaches could have compromised the personal information of an ...
Executives On The Move at Kemper, BHSI and Intact Financial
Kemper Corp. brought on a new executive to lead its human resources and administrative operations. Berkshire Hathaway Specialty Insurance named a new Senior VP and Product Line Officer for its ...
Kemper Will Pay $370M for Specialty Insurer Focused on Hispanic Market
Kemper Corp. has agreed to pay $370 million in cash for specialty auto insurer American Access Casualty Company and its related captive insurance agency, Newins Insurance Agency Holdings. Driving the ...
Kemper’s Produces Relatively Steady Q3
Kemper Corp's Q3 net income dipped slightly, though that decline would have been worse if not for after-tax gains in assessments and investments. The company reported $122.3 million in net income ...
Executives On The Move at AXIS, Chubb and Kemper
AXIS hired four new underwriters for its U.S. Management Liability team. Chubb named a new chief underwriting officer for its International Accident & Health unit. Kemper Corp.'s board of ...
Kemper’s 2018 Infinity Acquisition Helps Lead to Fitch Ratings Upgrade
Kemper Corp.'s 2018 acquisition of specialty auto insurer Infinity Property and Casualty Corp. continues to reap dividends, this time in the form of a Fitch Ratings upgrade. Fitch said it upgraded ...
Kemper $142M Arbitration Award Upheld on Appeal
The U.S. Court of Appeals for the Fifth Circuit has upheld a $141.7 million arbitration award in favor of the Kemper Corp. subsidiary, Kemper Corporate Services, against Computer Sciences Corp. A ...