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Private equity firms turn to roll-ups for instant growth

Private equity firms turn to roll-ups for instant growth
pionline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pionline.com Daily Mail and Mail on Sunday newspapers.

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Obsidian Acquires Western Home Insurance in California

Obsidian Acquires Western Home Insurance in California
insurancejournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancejournal.com Daily Mail and Mail on Sunday newspapers.

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On This Day, May 1: Obama announces Osama bin Laden's death

On This Day, May 1: Obama announces Osama bin Laden's death
upi.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from upi.com Daily Mail and Mail on Sunday newspapers.

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AM Best Upgrades Credit Ratings of Kemper P/C Group and Its Subsidiaries

AM Best Upgrades Credit Ratings of Kemper P/C Group and Its Subsidiaries
January 29, 2021
AM Best has upgraded the Financial Strength Rating (FSR) to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a” from “a-” of the property/casualty subsidiaries and affiliated insurance companies of Kemper Corp., collectively referred to as Kemper Property & Casualty Group.
Kemper P&C’s ratings reflect its balance sheet strength, which AM Best categorizes strongest, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM).
The rating upgrades reflect that Kemper P&C has consistently maintained risk-adjusted capitalization measuring at the strongest level in recent years, even while paying significant shareholder dividends. In addition, the group’s loss reserves have generally developed favorably over time. ....

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