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 reports developments from a U.S. insurance holding company that provides specialty property and casualty insurance and life insurance through subsidiaries. Its recurring news centers on operating results for Specialty Property & Casualty Insurance and Life Insurance, including specialty personal automobile, commercial automobile, life, and related insurance products sold under Kemper Auto and Kemper Life.
Company updates also cover quarterly dividends, financial supplements, investor conference participation, expense and restructuring initiatives, liquidity and capital actions, and distribution-channel changes. News about Kemper often links underwriting performance, claims and pricing execution, investment gains or losses, and non-core operations to segment results and corporate strategy.
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.
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.