Birmingham, Ala.-based Infinity Property and Casualty were bought for $1.4 billion. Kemper Corp. acquired the auto insurance provider in a cash and stock transaction, making it one of the largest nonstandard auto insurers in the country, Al.com reported. The merger …
Chicago-based insurer Kemper Corp. has agreed to acquire Birmingham-based Infinity Property and Casualty Corp. in a cash and stock transaction valued at approximately $1.4 billion, or $129.00 per share, creating an insurer with increased scale in the nonstandard auto insurance …
Duane Sanders has joined Chicago-based Kemper Corp. as president of its Property & Casualty Division. Sanders will report to Kemper President and Chief Executive Officer Joseph P. Lacher Jr. and will be based in Chicago. His direct reports include the …
Kemper Corp. reports that Kan Yuk “Andy” Lau has joined the company as senior vice president and chief data and analytics officer, a new role in the company. Lau will report directly to Joseph P. Lacher Jr., president and chief …
Chicago-based insurer, Kemper Corp., announced that James “Jim” J. McKinney will join the company in November as senior vice president and chief financial officer. McKinney will report directly to Joseph P. Lacher, Jr., Kemper’s president and chief executive officer. He …
Insurer Kemper Corp., headquartered in Chicago, announced that George “Chip” D. Dufala Jr. will join the company as president, Property & Casualty Division, effective July 18. Dufala will report directly to Joseph P. Lacher Jr., Kemper’s president and chief executive …
Joseph P. Lacher Jr., 46, has joined Kemper Corp. as president, chief executive officer and a member of the Kemper board of directors. At the same time, Donald G. Southwell, who had previously announced his plans to retire, has relinquished …
Private auto insurance industry direct premiums written rose 5.13 percent in the third quarter of 2014, the largest third-quarter year-over-year growth in the past 10 years, according to an analysis by SNL Financial. The 30 largest auto writers by market …
Kemper Corp. is realigning its property & casualty business. This realignment will result in one property & casualty segment for financial reporting purposes, beginning with the first quarter 2014. The new Kemper property & casualty segment will consist of the …
Chicago-based Kemper Corp. announced that Andrea James has been named president, Kemper Preferred, the business focused on selling packaged private passenger auto and home policies through independent agents. Prior to this role, James joined Kemper Preferred as senior vice president, …
