Joseph Lacher News

Kemper Eyes Rate Hikes, Agency Cancellations to Regain Footing After Q4 Fall

Kemper Corp. said it is taking rating and other actions, including canceling some agents, as it seeks to recover from inflation-riddled fourth quarter financial results. Kemper Corp. reported a net loss of $105.8 million for the fourth quarter of 2021, …

Kemper’s Strong Third Quarter Includes Infinity Results

Kemper Corp. reported net income of $92.2 million for the third quarter of 2018, compared to $47.7 million for the third quarter of 2017. As adjusted for the acquisition in the quarter of nonstandard auto insurer Infinity, net income was …

Erie Insurance Veteran Dufala to Head P/C Unit for Kemper

Kemper Corp. has named George D. Dufala, Jr. as president of its Property & Casualty division. Dufala will report directly to Joseph P. Lacher, Jr., Kemper’s president and chief executive officer, and will be based in Chicago. He is succeeding …

Kemper P/C Group Executive Lynch Exits

Kemper Corp.’s Denise I. Lynch is leaving her position as Property/Casualty group executive, effective immediately, to pursue other opportunities, the insurer said. The news comes after Kemper reported its P/C segment had a $5.1 million operating loss in the fourth …

Ex-Allstate Exec Lacher Succeeds Southwell as Kemper President, CEO

Joseph P. Lacher Jr., 46, has joined Kemper Corp. as president, chief executive officer and a member of the Kemper board of directors. At the same time, Donald G. Southwell, who had previously announced his plans to retire, has relinquished …

Allstate Agents Hope Unionization Sparks Changes at Insurer

Some unhappy Allstate Insurance agents who say the insurer controls them like employees even though they are independent contractors are moving to affiliate with a union. The National Association of Professional Allstate Agents (NAPAA) claims that the giant insurer is …