Kemper Runoff Tactics Could Spark Client Suits

The firm supervising the Kemper Insurance Companies' runoff is using such hardball tactics that some clients are considering taking them to court, according to a policyholder source.

In addition, two weeks ago the Marsh brokerage advised its Kemper clients that they should “consult with legal counsel” over some of the moves the Long Grove, Ill.-based carrier has made under the stewardship of Kenning Financial Advisors. Marsh said several clients had asked to be put into contact with other Kemper policyholders interested in discussing the runoff.

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