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Kemper Corporation - KMPR STOCK NEWS

Welcome to our dedicated page for Kemper Corporation news (Ticker: KMPR), a resource for investors and traders seeking the latest updates and insights on Kemper Corporation stock.

Kemper Corporation (symbol: KMPR) is a leading diversified insurance company in the United States, managing assets worth $8 billion. Kemper is committed to enhancing the insurance landscape by offering tailored solutions for individuals, families, and enterprises. The company provides a wide range of insurance products, including home, auto, life, health, and valuables insurance.

With a presence across all 50 states and the District of Columbia, Kemper services six million policies through a vast network of over 20,000 independent agents and brokers. Employing 6,000 dedicated associates, the company emphasizes exceptional customer service.

Kemper operates primarily through two segments: Specialty Property & Casualty Insurance and Life Insurance. The Specialty Property & Casualty segment covers personal and commercial lines for home and automotive products, whereas the Life Insurance segment offers various life and health insurance products.

Recent achievements highlight Kemper's robust financial health and industry reputation, with its rated underwriting companies receiving an A- (Excellent) rating from A.M. Best Company. This rating underscores the company's strong financial foundation and reliability in the insurance sector.

Current projects focus on enhancing customer experience and expanding product offerings. Kemper's commitment to innovation and personalized service positions it as a significant player in the insurance market.

For the latest updates and detailed information on Kemper Corporation's performance and developments, keep an eye on the latest news and reports.

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Kemper has been recognized by Latino Leaders Magazine as one of the 'Best Companies for Latinos to Work.' The recognition highlights Kemper's commitment to diversity, community service, talent development, and leadership engagement. Joseph P. Lacher, Jr., Kemper's President, CEO, and Chairman, expressed pride in the inclusive workplace culture.
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Kemper Auto, a specialty auto insurance brand, launches The Kemper Auto Mural Project to bring cultural vibrancy through community murals. The inaugural mural in South Gate, CA, aims to connect and uplift neighborhoods with inspiring artwork.
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Kemper Corporation (NYSE: KMPR) announced the passing of Kathleen M. Cronin, a long-serving member of its Board of Directors, on March 3. Cronin, with extensive experience in corporate law and governance, had been a vital part of Kemper since 2015. The company expressed deep sorrow at her demise, highlighting her significant contributions and wisdom. Kemper's President, CEO, and Chairman, Joseph P. Lacher, Jr., praised Cronin's invaluable role on the Board and offered heartfelt condolences to her family.
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Kemper Corporation (NYSE: KMPR) executives to participate in a fireside chat at the Raymond James Institutional Investors Conference. The event will be webcast live on Kemper's website. Investors can register online to listen to the chat.
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Kemper Auto introduces the Kemper Auto Mural Project - Conectando Comunidades to celebrate Hispanic communities with a vibrant mural by local artist Mr B Baby. The event includes complimentary refreshments and aims to recognize cultural pride.
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The Kemper Foundation awards grants to 50 schoolteachers in Los Angeles, Dallas, and Miami to enhance bilingual literacy through the Read Conmigo program. Total grants amount to $600,000, supporting Latino and Hispanic elementary students. Recipients receive $3,000 each for classroom resources and professional development.
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Kemper Corporation (NYSE: KMPR) appoints Bradley T. Camden as Executive Vice President and CFO, recognizing his strong leadership and financial expertise. Camden, who has been serving as Interim CFO since September 2023, brings deep financial experience and strategic vision to the role, aiming to drive growth and profitability for Kemper.
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Kemper Corporation (NYSE: KMPR) announced the election of Dr. Suzet M. McKinney as a Director and the retirement of Christopher B. Sarofim. Dr. McKinney brings leadership and business experience, with a focus on the life sciences ecosystem. Sarofim's departure after nearly 11 years is recognized for his valuable contributions to the Board.
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Kemper Corporation (NYSE: KMPR) has declared a quarterly dividend of $0.31 per share, payable on March 5, 2024, to shareholders of record as of February 20, 2024.
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Kemper Corporation (NYSE: KMPR) reported net income of $51.4 million, or $0.80 per diluted share, for the fourth quarter of 2023, compared to a net loss of $53.3 million, or $(0.84) per share, for the fourth quarter of 2022. Adjusted Consolidated Net Operating Income was $50.5 million, or $0.78 per diluted share, for the fourth quarter of 2023, compared to Adjusted Consolidated Net Operating Loss of $23.5 million, or $(0.36) per share, for the fourth quarter of 2022. Key themes of the quarter include: Specialty P&C underlying combined ratio improved 2.3% sequentially to 98.2%, Life business continues to produce stable earnings, Parent liquidity increased to $1.1 billion, up $325 million from prior quarter. The company achieved multi-year target of $150 million in expense savings in the first year of the program, and Bermuda optimization generated approximately $330 million of dividends to parent.
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FAQ

What is the current stock price of Kemper Corporation (KMPR)?

The current stock price of Kemper Corporation (KMPR) is $72.1 as of November 21, 2024.

What is the market cap of Kemper Corporation (KMPR)?

The market cap of Kemper Corporation (KMPR) is approximately 4.6B.

What types of insurance does Kemper Corporation offer?

Kemper offers home, auto, life, health, and valuables insurance.

How many policies does Kemper service?

Kemper services six million policies.

How many states is Kemper licensed in?

Kemper is licensed to sell insurance in all 50 states and the District of Columbia.

How many agents and brokers represent Kemper?

Over 20,000 independent agents and brokers represent Kemper.

What segments does Kemper operate through?

Kemper operates through Specialty Property & Casualty Insurance and Life Insurance segments.

What is Kemper's AM Best rating?

Kemper's underwriting companies are rated A- (Excellent) by AM Best.

What is Kemper's asset value?

Kemper manages assets worth $8 billion.

How many employees does Kemper have?

Kemper employs 6,000 associates.

What recent achievements has Kemper made?

Kemper's recent achievements include maintaining an A- rating by AM Best and focusing on innovation and personalized service.

How can I get the latest updates on Kemper Corporation?

You can get the latest updates and detailed information through the latest news and reports on Kemper Corporation.

Kemper Corporation

NYSE:KMPR

KMPR Rankings

KMPR Stock Data

4.60B
61.03M
4.63%
85.62%
1.34%
Insurance - Property & Casualty
Fire, Marine & Casualty Insurance
Link
United States of America
CHICAGO