Kemper Infinity merger News

Kemper’s Strong Third Quarter Includes Infinity Results

Kemper Corp. reported net income of $92.2 million for the third quarter of 2018, compared to $47.7 million for the third quarter of 2017. As adjusted for the acquisition in the quarter of nonstandard auto insurer Infinity, net income was …

Kemper Completes Acquisition of Specialty Auto Insurer Infinity P&C

Chicago-based insurer Kemper Corp. has closed on its $1.6 billion acquisition of Birmingham-based nonstandard auto insurer Infinity Property and Casualty Corp. The stock portion of the cash and stock deal announced in February was based on Kemper’s closing stock price …

Kemper, Infinity Shareholders Approve Merger

Kemper Corp. and Infinity Property and Casualty Corp.reported that the companies’ respective shareholders approved proposals related to the agreement announced in February under which Kemper will acquire Infinity. According to the companies, the proposals received overwhelming shareholder support, with more …