Insurance Claims Adjuster, Announcements, Business Announcements, Claims-Portal.com

Become a member and contribute content to Claims-Portal.com Add your company to the Claims-Portal.com Vendor Directory Add job openings to the Claims-Portal.com Career Center
Claims-Portal.comAnnouncements
My Claims-Portal
Nov 21, 2017    
 - Member Benefits
 - Become a Member
 - About Us
 - Advertising

this page!
Independent Adjusters
Employers/Recruiters
Claims Software

Browse Categories
Announcements
  Association Announcements
  Business Announcements
  NAIIA Member Announcements
  Other Categories
Claims News Sections
  INSURANCE/CLAIMS
  LEGAL/JUDGEMENTS
  WEATHER/CATS
  Claims News Archives
 
Insurance Claims Web Site Design

Announcements » Business Announcements

Print Article
Kemper Corporation Announces Hurricane Irene Loss Estimate

advertisement
Claims Software

CHICAGO--(BUSINESS WIRE)--Kemper Corporation (NYSE: KMPR) today announced its preliminary estimate of catastrophe losses from Hurricane Irene that occurred in August 2011. The company expects third quarter 2011 earnings will include approximately $22 million to $27 million in pre-tax catastrophe losses related to the hurricane.

On an after tax basis, these losses represent less than 2 percent of total capital and surplus for the property and casualty businesses as of June 30, 2011.

Kemper is a diversified holding company with subsidiaries that principally provide life, auto, homeowners and other insurance products for individuals.

Kemperís principal businesses:

Kemper Preferred provides auto, homeowners and other insurance products to individuals through a network of independent agents.

Unitrin Specialty provides auto insurance through a network of independent agents and brokers to individuals and small businesses which have had difficulty procuring insurance through traditional channels, usually due to adverse driving records, claim or credit histories.

Unitrin Direct markets auto and homeowners insurance to consumers via direct mail, the internet, employer-sponsored employee benefit programs and other affinity relationships.

Life and Health Insurance specializes in the sale of life and health insurance products to individuals through networks of employee agents and exclusive, independent agents.

Additional information about Kemper is available by visiting kemper.com.

Caution Regarding Forward-Looking Statements

This press release may contain or incorporate by reference information that includes or is based on forward-looking statements within the meaning of the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements give expectations or forecasts of future events, and can be identified by the fact that they relate to future actions, performance or results rather than strictly to historical or current facts.

Any or all forward-looking statements may turn out to be wrong, and, accordingly, readers are cautioned not to place undue reliance on such statements, which speak only as of the date of this press release. Forward-looking statements involve a number of risks and uncertainties that are difficult to predict, and are not guarantees of future performance. Among the general factors that could cause actual results to differ materially from estimated results are those listed in periodic reports filed by Kemper with the Securities and Exchange Commission (the "SEC"). No assurances can be given that the results contemplated in any forward-looking statements will be achieved or will be achieved in any particular timetable. Kemper assumes no obligation to publicly correct or update any forward-looking statements as a result of events or developments subsequent to the date of this press release. The reader is advised, however, to consult any further disclosures Kemper makes on related subjects in its filings with the SEC.

Print Article

Send This Listing To Someone
Your Email:
Their Email:
  Comments:

Announcements Home  |   RSS Feeds
Claims News   |   Member Blogs   |   Newsletters   |   Letters To The Editor
Submit An Announcement   |   Contact The Claims News Editor

  •  Announcements
  •  Claims Events
  •  Insurance News
  •  Special Offers
  •  Newsletters
  •  Blogs
  •  RSS Feeds
  •  Directory
  •  insURLinks
  •  Classifieds
  •  About Us
  •  Contact Us
  •  Advertising
  •  Member Search

  •  Registration
  •  Login
  •  E-Mail Lists
  • Home  |   Privacy Policy  |   Terms of Service  |   Site Map
    © 1998-2017 E-Claim.com, LLC