Old Republic Buys Kemper Large Accounts Risk

NU Online News Service, Jan. 15, 2:36 p.m. EST--Old Republic International Corp. announced this morning that one of its subsidiaries will buy the renewal rights to some large risk national accounts of the Kemper Insurance Companies, amounting to roughly $140 million in gross premiums.

The Chicago-based holding company said that its wholly owned subsidiary, Old Republic Insurance Company, had reached a definitive agreement to purchase the renewal rights to Kemper's unbundled risk management accounts.

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