kemper settlement over data breaches gets preliminary approval. A federal district court in Chicago Wednesday approved a class-action settlement valued at $17.6 million against Kemper Corp. in connection with data breaches that occurred in late 2020 and March 2021.
A Settlement has been reached with kemper corporation and infinity insurance company (collectively, the “Defendants”) in a class action lawsuit about the data incidents that occurred on December 14, 2020 and March 25, 2021 (“the Data Incidents”).
Is Kemper and Infinity the same company?
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.
What is Kemper and Infinity settlement?
3 Jan, 2022 Kemper Corp. and subsidiary Infinity Insurance Co. have entered a settlement valued at around $17.6 million to end litigation over claims stemming from two data breaches that gave hackers access to customers’ personal information, a proposed customer class said Thursday.
Is the Infinity Insurance Data Breach real?
The breach incidents occurred on December 14, 2020 and March 25, 2021 and were announced by the insurer in March and May 25, 2021 The class action and settlement also involve Infinity Insurance Co., a subsidiary that sells nonstandard auto policies and was acquired by Kemper in 2018.
What is Kemper data incidents settlements?
Kemper Corporation and Infinity Insurance Company (collectively, “Defendants”) are seeking final approval of a class-action settlement involving cyber-attacks against Defendants that occurred on December 14, 2020 and March 25, 2021 (the “Data Incidents”).
Who is Kemper insurance owned by?
After a lengthy two-year period in which the sale of the company preoccupied company management, Kemper was sold in early 1996 to a partnership consisting of Zurich Insurance Group and Insurance Partners L.P.
Who is Kemper and infinity?
Kemper is best known for it’s buy-direct option for insurance policies, while Infinity is best known for being the top non-standard auto insurer in the U.S. On the flip side, Infinity clients have complained about subpar customer service, and Kemper may raise your rates without advanced notice.
What happened to Kemper Financial?
Kemper, an insurance and mutual-fund company, put itself up for sale last year after spurning an offer of $60 a share, or $2.4 billion, from General Electric Co. It subsequently agreed to be acquired by Conseco Inc.
How Good Is Kemper insurance?
The BBB gives Kemper Insurance a A+ rating based on 433 complaints resolved by the company. There are also 111 customer reviews available meaning that the company’s rating is worth considering.
Is Kemper insurance Real?
Kemper is a pretty good insurance company overall, earning a rating of 2.2/5 from WalletHub editors Kemper offers a variety of coverage options as well as nationwide service, though their premiums tend to be more expensive than similar competitors.
How long has Kemper insurance been around?
Kemper Corp. In 1912 , after the State of Illinois passed a workers’ compensation law, James S. Kemper founded the Lumbermens Mutual Casualty Co., which sold accident insurance. Kemper’s firm soon became one of the first to offer automobile insurance.
Is Kemper the same as alliance united?
Alliance United is now Kemper Auto For assistance, contact our helpful, bilingual (English and Spanish) customer service team at 1-866-530-5500 (available M-F 8 a.m. to 6 p.m.) or email Customer Service. Access your portal to quote and manage business.