Lumbermens Mutual Casualty Company · Long Grove, IL United States
Company Description
Phone: 847-320-2000
Fax: 847-320-3818
Toll Free: 800-833-0355
View Lumbermens Mutual Casualty Company Locations On A US Map
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This link will open in a new window Lumbermens Mutual Casualty, the flagship member of the Kemper Insurance Companies family, is waiting for the axe to fall. No longer writing new policies, the once-proud Kemper Insurance Companies traditionally offered a wide array of personal, risk management, and commercial property/casualty products, mostly through Lumbermens. It stopped writing new business in 2003 and is voluntarily liquidating by running off all of its remaining property/casualty business, a process begun in 2004. James Kemper founded Lumbermens Mutual in 1912. To read the full description, subscribe now.
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Key Lumbermens Mutual Casualty Company Financials
| Company Type | Private - Mutual Company Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $19.2 |
| Employees | 9,000 |
Lumbermens Mutual Casualty Company Executives
13 executives listed for Lumbermens Mutual Casualty Company's Long Grove, IL location.
| Title | Name & Bio | Contact |
| Chairman | David Mathis | Network |
| President, CEO, and Director | Douglas Andrews | Network |
| CFO | Fredrick Griffith | Network |
Competition
Competitive Landscape for Lumbermens Mutual Casualty Company
Demand for health insurance products is driven by the rising costs of medical care. The profitability of individual companies depends on efficient operations and the ability to negotiate favorable contracts with healthcare providers. Large companies and organizations have advantages in negotiating contracts with healthcare providers. Small companies can compete successfully by providing special coverage plans as part of government programs such as Medicaid, or for specialized populations. The industry is highly automated and capital-intensive: annual revenue per employee is close to $1 million. Reforming the US healthcare industry continues to be a top agenda item in Washington, but a consensus on the best way to reduce healthcare spending has yet to be reached. The managed healthcare industry will most certainly be impacted by any changes initiated by federal legislators. To read the full description, subscribe now.Top Lumbermens Mutual Casualty Company Competitors
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