Kemper News
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 ...
Kemper Signs Marketing Agreement With Hagerty for Classic Collectors Vehicle Biz
Kemper Corp. said it will move its Classic Collectors auto business to Hagerty, a Michigan agency specializing in the coverage. The change is happening by way of a marketing agreement, where ...
Fitch Notes Realized Benefits of Kemper’s $1.3B Infinity Acquisition
Kemper Corp. earned some kudos from Fitch Ratings over its improved financial strength, and a subsidiary gained an outlook upgrade. Specifically, Fitch affirmed Kemper's "A-" (Strong) financial ...
Kemper, After Tough Q4, Will Pay $1.3B for Infinity Property and Casualty
Insurer Kemper Corp will acquire Infinity Property and Casualty Corp for about $1.3 billion in cash and stock to boost its nonstandard auto insurance business, the two companies said on Tuesday. ...
CEO Lacher Seeks to Unlock Value and Build a Culture of Winners at Kemper
Anyone listening to last year's investor updates from Kemper heard Joseph Lacher utter phrases such as "unclear strategic focus," "financial underperformance" and "culture of complacency" to describe ...
A Weird Hobby
Whenever Kemper CEO Joseph Lacher found himself interviewing for a new job throughout his career, he would tell his potential employers: "Think of me as an economics major with a weird hobby." The ...
Personal Lines Distribution Not Changing at Kemper
Years before joining Kemper, CEO Joseph Lacher served as the leader of the P/C business of Allstate, a company that bought Esurance to introduce a more direct-to-customer model to the carrier's ...