Unitrin Inc. has bought the Kemper name from Lumbermens Mutual Casualty Co. Terms were not disclosed.
Since 2002, Chicago-based Unitrin, an insurance holding company, has owned the personal lines property and casualty insurance business of Lumbermens. It operated the personal lines with the Kemper name under a licensing agreement.
“We…plan to increase the profile of the name in our insurance operations over time,” Unitrin Chief Executive Donald Southwell said in a press release.
Lumbermens will now be the Lumbermens Mutual Group.
