S&P Affirms Lumbermens/Kemper; Stable Outlook

Standard & Poor's has affirmed all outstanding interactive ratings on Lumbermens Mutual Casualty Cos. (the Kemper Insurance Cos., collectively Kemper) with a stable outlook. According to S&P, Kemper occupies a strong business position as one of the top five players in the workers' compensation market. S&P says that Kemper continues to report weak operating results despite management's ongoing efforts to realign the book of business to focus on bottom line profitability and that while some of these efforts are beginning to affect operating performance, statutory earnings will continue to be we...