Kemper takes $81mn charge tied to FL PIP claims, falls to $100mn operating loss in Q2
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Kemper takes $81mn charge tied to FL PIP claims, falls to $100mn operating loss in Q2

Eli Rallo, 
James Thaler
July 29, 2021
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Chicago-based specialty insurer Kemper Corporation recorded $81mn in adverse development in Q2 – mostly connected to personal auto claims in Florida – which pushed the company to a $100mn operating loss for the period.

On Thursday, Kemper said it generated an operating loss of $1.54 per share in the quarter, a setback from the $1.20

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Eli Rallo
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James Thaler
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