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In April 2015, Kemper acquired Alliance United Insurance Company, one of the fastest growing auto insurance providers in the State of California.Source: [14] In July 2018, Kemper acquired Infinity Property and Casualty Corporation (NASDAQ: IPCC), an auto insurance provider focused on serving the specialty, nonstandard segment, in a cash and stock transaction valued at approximately $1.4 billion.
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Kemper Direct Auto and Home Insurance (Kemper Direct) was a direct to consumer auto and home insurance writer headquartered in Chicago, Illinois and a former subsidiary of Kemper Corporation. Kemper Direct is now part of Kemper Personal Insurance, a provider of both auto and home insurance with a concentration on preferred/standard insurance.
In 1988, Kemper Insurance Group announced its intentions to withdraw from the Massachusetts auto market. A key piece of legislation was needed to make the company solvent in the Massachusetts market, and within 30 days, the key piece of legislation needed to form Arbella was passed.
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Mutual Savings Life provides life insurance products, annuities, and other insurance products to individuals and businesses. Founded in 1927 in Decatur, Alabama, Mutual Savings is owned by Primesco, a company founded for the purpose of acquiring Mutual Savings.
Farmers Insurance has more than 48,000 exclusive and independent agents and approximately 21,000 employees. Farmers is the trade name for three reciprocal exchanges , Farmers, Fire, and Truck, each managed by Farmers Group, Inc. as attorney-in-fact on behalf of their respective policyholders. [ 3 ]