spring storms News

Kemper Corporation announced today its preliminary estimate for catastrophe losses from severe storms in April and May 2014. Kemper estimates its second quarter 2014 earnings will include pre-tax catastrophe losses in the range of $40 million to $50 million for …

State Farm claim representatives said it has paid nearly $1.75 billion to its customers from the destructive storms of April and May. The total claim payments have nearly doubled in less than three weeks. Earlier this week, Allstate Corp., the …