Kemper Subsidiary Lost $205 Million in 2002

March 3, 2003

The Lumbermens Mutal Casualty Co., the largest subsidiary of Chicago-based Kemper Insurance Cos., has reported a $205 million loss for 2002 with the Illinois Department of Insurance, a Kemper spokesperson has confirmed.

Kemper would not comment on the loss, but the spokesperson said the company will be releasing a statement with more detail about the loss and a comment later in the week.

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