Kemper Nears $17.6 Million Settlement Following Data Breach

Insurance company Kemper Corp. has reached a proposed settlement with plaintiffs following a prolonged data incident it suffered between December and March.

The deal, valued at $17.6 million by plaintiff Irma Carrera Aguallo’s counsel, would also require Kemper and its subsidiary Infinity Insurance Co. to adopt better security, according to the motion for preliminary approval of the class action settlement filed Thursday in the U.S. District Court for the Northern District of Illinois.

Attorneys representing Kemper didn’t immediately respond to a request for comment.

Carrera Aguallo sued Kemper in April, accusing the insurance company of failing to guard customers’ personal ...