Kemper Corporation and Infinity Property and Casualty Corporation announced that they have entered into a definitive merger agreement under which Kemper will acquire Infinity in a casha and stock transaction valued at approximately $1.4 billion. The transaction is expected to close in the third quarter of 2018. 

Cyber insurer Coalition, in partnership with HackerOne, introduced the HackerOne Response app. This new app allows any organization to receive and respond to security vulnerabilities discovered by trusted hackers before criminals can exploit them, and is provided to all Coalition policyholders at no cost. 

HUB International Limited has acquired the shares of Pointbreak Consulting Group Ltd. Terms of the acquisition were not disclosed. 

Worley Claims Services LLC has acquired Audit Services Incorporation. Terms of the transaction were not disclosed. 

CallVU has added Conversational IVR to its Digital Engagement Platform. CallVU's Conversational IVR will demo at this year's Mobile World Congress, which takes place Feb. 26 – March 1 in Barcelona, Spain.

The Spencer Educational Foundation announced that 40 companies will have the opportunity to hire a summer risk management intern because of $5,000 grants they each will receive from the Foundation. The Foundation acknowledges the RIMS Northeast Florida Chapter and the Risk and Insurance Management Society for their continued sponsorship of this program. The full list of grant recipients can be seen here.

Related: Around the P&C insurance industry: Feb. 14, 2018