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In April 2015, Kemper acquired Alliance United Insurance Company, one of the fastest growing auto insurance providers in the State of California.Source: [14] In July 2018, Kemper acquired Infinity Property and Casualty Corporation (NASDAQ: IPCC), an auto insurance provider focused on serving the specialty, nonstandard segment, in a cash and stock transaction valued at approximately $1.4 billion.
Kemper Direct Auto and Home Insurance (Kemper Direct) was a direct to consumer auto and home insurance writer headquartered in Chicago, Illinois and a former subsidiary of Kemper Corporation. Kemper Direct is now part of Kemper Personal Insurance, a provider of both auto and home insurance with a concentration on preferred/standard insurance.
Kemper Corporation Reports Fourth Quarter and Full Year 2012 Results CHICAGO--(BUSINESS WIRE)-- Kemper Corporation (NYS: KMPR) reported today net income of $1.9 million ($0.03 per share) for the ...
[24] [25] The company also formed a strategic alliance with Juwai.com, China's largest overseas property portal, offering access to high-net-worth individual Chinese buyers looking to purchase homes. [26] [27] In June 2017, Robert Moline, president of the company, retired. [28] In September 2017, the company acquired Long & Foster. [29] [30] In ...
Founded in 1927 in Decatur, Alabama, Mutual Savings is owned by Primesco, a company founded for the purpose of acquiring Mutual Savings. In April 2008, Primesco was acquired by Unitrin and the Mutual Savings policies are now serviced by its Career Agency Group. In August 2011, Unitrin Inc. changed its name to Kemper Corp.
In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail. Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in ...