Standard & Poor’s has affirmed all outstanding interactive ratings on Lumbermens Mutual Casualty Cos. (the Kemper Insurance Cos., collectively Kemper). The outlook is stable.
Kemper occupies a strong business position as one of the top five players in the workers’ compensation market. Kemper has continued to report weak operating results despite management’s ongoing efforts to realign the book of business to focus on bottom-line profitability in recent years. Although some of these efforts are beginning to affect operating performance, statutory earnings will continue to be weak until 2002.
Topics Casualty
Was this article valuable?
Here are more articles you may enjoy.
Home-Renovation Expense Keeps Rising as Companies Pass on Costs 
Five Weeks After Isaias, 68,000 Claims and $736M in Losses, Florida Carrier Data Show 
New Florida Property-Tax Cut May Bring an Unwanted Side Effect 
Man Group Found Liable by Judge for ‘Breathtaking’ Kuwaiti Bribery From This Issue
