Pomerantz LLP is investigating claims on behalf of investors of Kemper Corporation concerning whether Kemper and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. The investigation follows Kemper's May 6, 2026 disclosure that an increase in minimum liability limits effective January 1, 2025 has led to greater attorney involvement in claims and higher loss costs, a trend that management admitted has developed over several quarters. Kemper also stated that although the relevant California rate filing was 6.9% in aggregate, it was about 50 points on bodily injury. On this news, Kemper’s stock price fell $3.37 per share, or 10.28%, to close at $29.40 per share on May 7, 2026.
Kemper CorporationInvestigation into securities fraud and disclosure of higher loss costs from increased liability limits, causing stock drop.