Kemper (KMPR) Q2 FY26 earnings call

Kemper's Q2 FY26 results reflect sequential improvement in underlying operating performance, overshadowed by significant non-cash charges including a $460 million goodwill impairment. The company is prioritizing profitability restoration, particularly in personal auto where strategic rate and non-rate actions are underway to address underperformance in California. Commercial auto shows strong underlying results but faces ongoing prior-year reserve development, prompting tighter underwriting. The life segment continues to provide stable earnings and diversification, while a restructuring progra