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Lumbermen S Mutual Casualty Co

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BUSINESS
March 24, 1994 | SCOT J. PALTROW, TIMES STAFF WRITER
If GE Capital's offer to buy Kemper Corp. succeeds, another firm--that until August owned nearly 39% of Kemper Corp.--will have missed out big on a chance at windfall profits from the sale. That company is Lumbermens Mutual Casualty Co., which as a mutual insurance company is owned by its customers--businesses and individual property owners, including thousands in California.
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BUSINESS
March 24, 1994 | SCOT J. PALTROW, TIMES STAFF WRITER
If GE Capital's offer to buy Kemper Corp. succeeds, another firm--that until August owned nearly 39% of Kemper Corp.--will have missed out big on a chance at windfall profits from the sale. That company is Lumbermens Mutual Casualty Co., which as a mutual insurance company is owned by its customers--businesses and individual property owners, including thousands in California.
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