What's changed at Kemper
Every update we've tracked for Kemper, newest first. Each one links to the full note.
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Florida was 20% of Kemper Auto premium in 2023
Kemper's 2023 annual report says Kemper Auto sold in 31 states. Florida was 20% of its premium. In 2023, Florida PIP court rulings drove higher claim costs. They also drove adverse reserve development.
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Kemper exits preferred home and auto, keeps Kemper Auto
Kemper said it would stop selling preferred home and auto under the Kemper Personal Insurance brand. That was about $500 million in premium across eight companies. Kemper Auto and Kemper Life were not affected.
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OIR runs a market conduct exam on the Infinity car firms
OIR put out a market conduct order on three Infinity firms. It covered their private passenger auto business. It was for 2010 through 2012. The firms were Infinity Auto, Infinity Indemnity and Infinity Assurance.
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OIR exam finds 147 errors at Infinity
A June 2004 OIR exam of Infinity Insurance Company's Florida auto business found 147 errors. Most were for adjusting renewal quotes. The company agreed to stop. It also agreed to refund $17,227 to affected customers.