Kansas City Life Insurance Resolves Lawsuits, Stabilizes Earnings

Kansas City Life Insurance Company (KCLI) has resolved its class action lawsuits that previously hindered the potential sale of the company. Despite ongoing residual elevated legal expenses, KCLI's core earnings power is about $0.77 per share. The company is projected to earn approximately $3 to $4 moving forward, indicating financial stabilization post-litigation.