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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Jun. 30, 2024
Statement of Cash Flows [Abstract]      
Net Income $ 97.0 $ 70.2  
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities      
Net Realized Investment Gains (0.9) (6.6)  
Impairment Losses (0.3) 1.5  
Depreciation and Amortization of Property, Equipment, Software and Intangible Assets Acquired 12.5 14.6  
Income on Investments in Alternative Energy Partnership (0.6) (6.0)  
Change in Fair Value of Equity and Convertible Securities (0.1) (3.4)  
Receivables from Policyholders (78.5) 4.4  
Reinsurance Recoverables (0.9) 1.8  
Deferred Policy Acquisition Costs (21.2) (4.2)  
Insurance Reserves 43.1 (69.0)  
Unearned Premiums 100.8 (24.1)  
Income Taxes 22.7 26.9  
Other 5.2 24.9  
Net Cash Provided by Operating Activities 180.0 43.0  
Cash Flows from Investing Activities:      
Proceeds from the Sales, Calls and Maturities of Fixed Maturities 215.1 323.2  
Proceeds from the Sales or Paydowns of Investments:      
Equity Securities 7.3 13.4  
Mortgage Loans 24.1 34.1  
Other Investments 5.9 3.5  
Purchases of Investments:      
Fixed Maturities (302.5) (286.9)  
Equity Securities (20.5) (3.1)  
Real Estate Investments (1.1) (0.2)  
Mortgage Loans (51.7) (27.4)  
Other Investments 15.0 9.6  
Net Sales of Short-term Investments 493.6 2.4  
Acquisition of Software and Long-lived Assets (7.7) (15.3)  
Settlement Proceeds from Company-Owned Life Insurance 2.9 4.9  
Other 0.7 0.3  
Net Cash Provided by Investing Activities 351.1 39.3  
Cash Flows from Financing Activities:      
Repayment of Long-term Debt (450.0) 0.0  
Proceeds from Policyholder Contract Obligations 20.0 25.5  
Repayment of Policyholder Contract Obligations (25.9) (20.6)  
Proceeds from Shares Issued under Employee Stock Purchase Plan 0.8 0.9  
Common Stock Repurchases (4.0) 0.0  
Dividends Paid (20.2) (19.5)  
Other (1.8) (6.0)  
Net Cash Used in Financing Activities (481.1) (19.7)  
Net increase (decrease) in cash 50.0 [1] 62.6 $ 62.6 [1]
Cash, Beginning of Year [1] 65.4 64.1 $ 64.1
Cash, End of Period [1] 115.4 126.7  
Cash (paid) received during the year for:      
Interest (24.5) (20.0)  
Taxes 0.0 10.4  
Operating Leases (5.1) (5.7)  
Non-Cash Activities:      
Right-of-Use Assets Obtained in Exchange for New Operating Lease Liabilities $ 7.6 $ 0.9  
[1]
1Includes amounts attributable to Kemper Reciprocal reported as non-controlling interest.