Welcome to our dedicated page for Kemper news (Ticker: KMPR), a resource for investors and traders seeking the latest updates and insights on Kemper stock.
Kemper Corporation (NYSE: KMPR) is a diversified insurance company with Specialty Property & Casualty and Life Insurance operations, and its news flow reflects both segment performance and corporate actions. The company’s releases regularly cover quarterly operating results, highlighting net income or net loss attributable to common shareholders, adjusted consolidated net operating income, and the impact of catastrophe losses and related loss adjustment expenses.
Investors following KMPR news will see detailed updates on the Specialty Property & Casualty segment, which focuses on personal and commercial automobile insurance. Kemper reports metrics such as earned premiums, policies in force, underlying combined ratios, and the effects of rate increases, claim severity, and prior-year development. The Life Insurance segment is also featured in news items, with commentary on net operating income, net investment income, and mortality experience on life products.
Kemper’s news releases also address capital and shareholder return decisions. Recent announcements include quarterly cash dividends, a new share repurchase authorization, and an accelerated share repurchase transaction under existing repurchase programs. These items are accompanied by management commentary on capital deployment, liquidity at the parent company, and the company’s view of its share valuation.
Corporate governance and leadership developments are another recurring theme. News and related Form 8-K filings describe CEO succession, the appointment of an interim chief executive officer, retention awards for senior executives, and separation arrangements for departing leaders. Credit rating actions by AM Best on Kemper’s property/casualty and life subsidiaries, as well as on parent-level debt, also appear in the news stream and provide additional context on balance sheet strength and operating performance.
By monitoring this KMPR news page, readers can review earnings releases, capital management announcements, rating agency updates, and governance disclosures that together outline how Kemper’s insurance businesses and corporate strategy are evolving over time.
Kemper (NYSE: KMPR) has announced plans to redeem its $450 million of 4.350% Senior Notes ahead of schedule. The company will redeem the Notes in full on February 11, 2025, slightly before their original maturity date of February 15, 2025. The redemption will be executed at 100.00% of the principal amount, plus accrued and unpaid interest up to the redemption date. Kemper plans to fund this redemption using available cash, and upon completion, all Notes will be fully redeemed with none remaining outstanding.
The Kemper Foundation, philanthropic partner of Kemper (NYSE: KMPR), has launched the Read Conmigo School Impact Grants program. The initiative will provide up to 22 annual grants of $10,000 each to Title I elementary schools across Greater Los Angeles, Miami, Dallas, and McAllen, TX.
The grants support school-wide dual-language (Spanish-English) education programs for bilingual students in Title I elementary schools. Eligible institutions include public and charter elementary schools in specific counties across California, Florida, and Texas. The funds can be used for dual-language program initiatives, technology improvements, professional development, and cultural engagement activities.
Applications are open from January 8 to March 9, 2025. The program builds upon the success of the Read Conmigo Educator Grants, which have shown measurable improvements in student outcomes including reading comprehension, writing, and technology skills.
The Kemper Foundation, philanthropic arm of Kemper (NYSE: KMPR), has launched Read Conmigo School Impact Grants, offering $10,000 grants to support dual-language (Spanish-English) education programs in Title I elementary schools. The initiative will provide up to 22 grants annually across Greater Los Angeles, Miami, Dallas, and McAllen, TX.
The grants target Title I public and charter elementary schools in specific counties including Los Angeles, Orange, Riverside, San Bernardino, Ventura, Broward, Miami-Dade, Dallas, and Hidalgo. Schools can use funds for dual-language program initiatives, technology improvements, professional development, and cultural engagement activities. Applications are open from January 8 to March 9, 2025.
This expansion builds on the success of Read Conmigo Educator Grants, which have improved student outcomes in reading comprehension, writing, spelling, vocabulary, phonics, speaking and technology skills.
The Kemper Foundation, philanthropic partner of Kemper (NYSE: KMPR), has launched the Read Conmigo School Impact Grants program. The initiative will provide up to 22 annual grants of $10,000 each to Title I elementary schools across Greater Los Angeles, Miami, Dallas, and McAllen, TX.
The grants target school-wide dual-language (Spanish-English) education programs for bilingual students, aiming to enhance bilingualism, biliteracy, academic achievement, and multicultural understanding. Eligible institutions include Title I public and charter elementary schools in specific counties across California, Florida, and Texas.
Applications are open from January 8 to March 9, 2025. Funds can be used for dual-language program initiatives, including school-wide resources, technology improvements, professional development, and cultural engagement activities. This program builds upon the success of the Read Conmigo Educator Grants, which have shown measurable improvements in student outcomes.
The Kemper Foundation has expanded its Read Conmigo Grant Program to include school-wide grants for Title I elementary schools. The foundation will provide up to 22 grants of $10,000 each to schools across Greater Los Angeles, Dallas and McAllen, TX, and Miami, supporting dual-language programs for Hispanic and Latino students.
The grants will fund bilingual school-wide initiatives, including library enhancements, educational technology, instructional support, and community engagement initiatives. Applications will be accepted through The Kemper Foundation's grants portal from January 8 to March 9, 2025. The program builds on the success of Read Conmigo Educator Grants, which have shown improvements in student outcomes including reading comprehension, writing, spelling, vocabulary, phonics, speaking and technology skills.
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.