Agents Mourn Kemper Loss
Independent agents who have done business with Kemper Insurance for years–even decades, in some cases–might have to scramble to find a safe haven for their clients after a deal to sell off Kemper's core lines to a new firm backed by venture capitalists fell through.
One potential home for the orphaned accounts is The St. Paul Companies, which bought the right to seek renewals of Kempers commercial business. The St. Paul is certainly excited about the potential of the deal, noting that it might have an inside track on getting the former Kemper accounts because many of its agents represented Kemper as well.
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