Major Rating Factors:
Poor long-term capitalization index (2.7 on a scale of 0 to 10) based on weak current risk adjusted capital (severe loss scenarios). Weak profitability index (1.9). Fair reserve development (3.6) as reserves have generally been sufficient to cover claims.
Other Rating Factors:
Fair overall results on stability tests (3.5) including excessive premium growth, weak risk adjusted capital in prior years and negative cash flow from operations for 2023. Superior liquidity (10.0) with ample operational cash flow and liquid investments.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
D - Limited diversification of general business, policy, and/or investment risk.
F - Negative cash flow.
Principal Lines of Business:
Personal/comm auto (100.0%)
Licensed in:
TX
Principal Investments:
Investment grade bonds (97.2%), other (2.8%)
Corporate Info
Group Affiliation
Kemper Corporation
Investment Rating
Company Address
200 East Randolph Street
Chicago, IL 60601
Chicago, IL 60601
Phone Number
(312) 661-4600
NAIC Number
13820
Website
Largest Affiliates