Kemper Independence Ins Co
Major Rating Factors:
Fair reserve development (3.6 on a scale of 0 to 10) as reserves have generally been sufficient to cover claims. Fair overall results on stability tests (4.3) including excessive premium growth and fair risk adjusted capital in prior years. Strong long-term capitalization index (10.0) based on excellent current risk adjusted capital (severe and moderate loss scenarios) reflecting significant improvement over results in 2022.
Other Rating Factors:
Excellent profitability index (7.2). Excellent expense controls. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (55.6%), homeowners (36.9%), fire (3.2%), other (4.2%)
Licensed in:
AZ, CA, CO, CT, GA, IL, IN, KS, MD, ME, MO, NC, NV, NY, OH, OR, PA, SD, TX, VA, VT, WI
Principal Investments:
Investment grade bonds (97.9%), other (2.1%)
Corporate Info
Group Affiliation
Kemper Corporation
Investment Rating
Company Address
5555 Gate Parkway
Jacksonville, FL 32256
Jacksonville, FL 32256
Phone Number
(904) 245-5600
NAIC Number
10914
Website
Largest Affiliates