Kemper Corporation - KMPR STOCK NEWS

Kemper (NYSE: KMPR) has declared a quarterly dividend of $0.31 per share. The dividend will be paid on December 4, 2024, to shareholders recorded as of November 18, 2024.

Kemper Auto (NYSE: KMPR) is launching its community mural initiative in Miami on November 14, featuring work by local artist SURGE. The project, titled 'The Kemper Auto Mural Project, Conectando Comunidades,' celebrates Miami's Hispanic and Latino cultural heritage. The unveiling ceremony will take place at Del Toro Insurance's Miami location, with local officials and media in attendance. The initiative follows a successful inaugural mural in Los Angeles County and aligns with Kemper's various community programs, including the Kemper Scholars Program and Read Conmigo bilingual literacy program.

Kemper (NYSE: KMPR) reported net income of $73.7 million, or $1.14 per diluted share, for Q3 2024, compared to a net loss of $146.3 million, or $(2.28) per share, for Q3 2023. Adjusted Consolidated Net Operating Income was $105.0 million, or $1.62 per diluted share, versus a loss of $27.8 million, or $(0.44) per share, in Q3 2023.

Kemper achieved a 10.8% ROE and a 16.7% Adjusted ROE. Specialty Property & Casualty (P&C) reported a 4.5% sequential increase in policies in force (PIF) and an underlying combined ratio of 91.3%. The Life Insurance segment posted $15.0 million in adjusted net operating income. Total revenues decreased by 1.7% to $1,178.9 million, with a $76.4 million drop in the Preferred Insurance business, offset by a $28.6 million rise in Specialty P&C premiums.

The company repurchased $25 million in stock and plans to retire $450 million of senior notes due February 2025. Shareholders' equity increased by 11% to $2,773.3 million, and the book value per share rose to $43.30.

Kemper (NYSE: KMPR) has announced its schedule for the release of its third quarter 2024 earnings. The company plans to issue its earnings release, financial supplement, and Form 10-Q after the markets close on Wednesday, October 30. These documents will be available in the investor section of kemper.com.

Kemper will host a conference call to discuss the third quarter 2024 results on the same day at 5:00 pm Eastern (4:00 pm Central). The call will be accessible via the internet and telephone at 800.549.8228, Conference ID 98917. Interested parties can register for the webcast in the investor section of kemper.com at least 15 minutes before it begins. A replay of the webcast will also be available online in the investor section of the company's website.

The Kemper Foundation, philanthropic partner of Kemper (NYSE: KMPR), has opened applications for the spring 2025 Read Conmigo bilingual educator grant. The program aims to promote bilingual literacy in Hispanic and Latino communities, offering K-5 educators up to $3,000 each to enhance their classrooms with resources and professional development opportunities.

Eligible teachers in specific counties of California, Florida, and Texas can apply. Since its 2022 launch, Read Conmigo has impacted over 7,500 students through 246 educator grants. The application deadline is November 10, 2024, with funds to be awarded in early 2025. The Foundation awards up to 100 grants per cycle, with two cycles annually.

The Kemper Foundation, philanthropic partner of Kemper (NYSE: KMPR), has opened applications for the spring 2025 Read Conmigo bilingual educator grant cycle. The program aims to promote bilingual literacy in Hispanic and Latino communities, offering K-5 educators resources and opportunities to enhance their classrooms. Grants of $3,000 each are available to up to 100 teachers in specific counties of California, Florida, and Texas.

Since its 2022 launch, Read Conmigo has impacted over 7,500 students through 246 educator grants. The application deadline is November 10, 2024, with funds to be awarded in early 2025. The program addresses the unique needs of bilingual classrooms, supporting academic success and language proficiency in both Spanish and English.

Kemper Auto, part of Kemper (NYSE: KMPR), is bringing its nationwide community mural initiative, The Kemper Auto Mural Project, Conectando Comunidades, to Miami on October 11. The mural, designed by local artist SURGE (Sergio J. Quinonez), will be unveiled at Del Toro Insurance's Miami location. This project celebrates Miami's cultural diversity and the Hispanic and Latino community's contributions.

The mural symbolizes Miami's vibrant cultural tapestry and aims to connect and uplift surrounding neighborhoods. Matthew A. Hunton, President of Kemper Auto, emphasized the company's commitment to serving the Hispanic and Latino community and fostering unity through this initiative.

This project is part of Kemper's broader community engagement efforts in Miami, including partnerships with Florida International University, the Read Conmigo bilingual literacy program, and the American Heart Association.

The Kemper Foundation, philanthropic partner of Kemper , has awarded its fifth round of grants through the Read Conmigo program, supporting bilingual literacy in Los Angeles, Dallas, and Miami areas. The program, launched in 2022, has awarded nearly $750,000 to date. Read Conmigo annually provides up to 100 grants of $3,000 each to public and charter schoolteachers of Spanish-English bilingual classrooms.

Grants can be used for classroom resources, tools, materials, and professional development. Recipients are selected by a panel including Kemper Foundation principals and partner organizations. The program aims to strengthen bilingual literacy skills and improve learning opportunities for elementary Latino and Hispanic students.

Barbara Ciesemier, President of The Kemper Foundation, expressed pride in supporting educators who make a lasting impact on bilingual students. Sandra Manchola, a fifth-grade teacher and grant recipient from Dallas, highlighted the grant's flexibility in addressing the doubled language requirements and dual cultural elements in bilingual classrooms.

The Kemper Foundation, philanthropic partner of Kemper , has awarded grants to advance bilingual literacy to schoolteachers in Los Angeles, Dallas, and Miami areas. This marks the fifth round of grants through the Read Conmigo program, bringing the total awarded to nearly $750,000 since 2022.

The program focuses on strengthening bilingual literacy skills for elementary Latino and Hispanic students. Annually, up to 100 grants of $3,000 each are awarded to public and charter schoolteachers of Spanish-English bilingual classrooms. The grants can be used for classroom resources, tools, materials, and professional development.

Recipients are selected by a panel including Kemper Foundation principals and partners from various bilingual education associations. Barbara Ciesemier, President of The Kemper Foundation, emphasized the program's impact on creating enriched learning environments and contributing to meaningful academic growth.