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Horace Mann Educators Corporation - HMN STOCK NEWS

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Horace Mann Educators Corporation (NYSE: HMN) is a diversified insurance holding company that offers a comprehensive range of financial services and insurance products tailored specifically for educators and their families. Founded in 1945 by two educators in Springfield, Illinois, the company honors the legacy of Horace Mann, the father of the American public education system. Initially known as the Illinois Education Association Mutual Insurance Company, the firm has since evolved into the largest national multiline insurance company dedicated to serving America's educators.

Horace Mann provides personalized service and advice through its professional agents and staff, offering insurance and financial products to the educational community across the United States. The company's core offerings include auto, homeowners, and life insurance, as well as retirement annuities. Their financial products are designed to ensure lifelong financial well-being for educators and their families.

The company's segments include Property and Casualty, which focuses on automobile and homeowner insurance, Supplemental & Group Benefits, Life & Retirement, which offers 403(b) tax-qualified retirement annuities, and Corporate and Other. Horace Mann employs several former teachers in its salesforce, ensuring that they understand the unique needs of their clientele.

Recently, Horace Mann announced a partnership with SimpliSafe, a maker of award-winning home security systems. This partnership provides Horace Mann policyholders with exclusive discounts on SimpliSafe systems, ensuring both financial and physical security for educators. This collaboration underscores the company's commitment to offering exceptional customer experiences and enhanced security solutions for educators.

The financial stability of Horace Mann Educators Corporation is noteworthy, with a strong commitment to ethical practices and community service. The company continues to grow and innovate, ensuring that they meet the evolving needs of the educational community. For more information, visit the company's website at horacemann.com.

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Horace Mann Educators Corporation (NYSE:HMN) plans to release its third-quarter 2023 results on Thursday, Nov. 2, after the market closes. Management will host a conference call to discuss the financial results on Friday, Nov. 3 at 11 a.m. Eastern Time.
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Resuming federal student loan payments in October will have a major impact on educators' finances, according to a new report by Horace Mann. This underscores the importance of supporting educators' financial wellness. Interest began accruing on federal student loan debt on Sept. 1 after the three-year payment pause due to COVID-19. The first payments are due in October.
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Horace Mann Educators Corporation announces pricing of $300,000,000 Senior Notes due 2028
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Horace Mann Educators Corporation declares $0.33 per share cash dividend.
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Horace Mann Educators Corporation CEO to participate in fireside chat at KBW Insurance Conference
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Horace Mann funds all open DonorsChoose projects in Rapid City Area Schools impacting 1,500+ students across 23 schools.
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AM Best Upgrades Financial Strength Rating of Madison National Life Insurance Company to A (Excellent) and Affirms Ratings of Horace Mann Insurance Group. The press release discusses the upgraded ratings of Madison National Life Insurance Company and the affirmation of ratings for Horace Mann Insurance Group by AM Best. The ratings reflect the companies' balance sheet strength, operating performance, business profile, and enterprise risk management. Horace Mann's underwriting results have been impacted by significant catastrophe losses due to severe weather events, but the group is taking actions to restore profitability.
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FAQ

What is the current stock price of Horace Mann Educators Corporation (HMN)?

The current stock price of Horace Mann Educators Corporation (HMN) is $40.93 as of November 21, 2024.

What is the market cap of Horace Mann Educators Corporation (HMN)?

The market cap of Horace Mann Educators Corporation (HMN) is approximately 1.7B.

What types of insurance does Horace Mann offer?

Horace Mann offers auto, homeowners, life insurance, and retirement annuities tailored to educators and their families.

Who founded Horace Mann Educators Corporation?

The company was founded in 1945 by two educators in Springfield, Illinois.

What is the focus of Horace Mann's financial products?

The company focuses on providing lifelong financial well-being for educators and their families through personalized service and advice.

What recent partnership has Horace Mann announced?

Horace Mann has partnered with SimpliSafe to offer discounted home security systems to its policyholders.

Why is Horace Mann named after the father of the American public education system?

The company changed its name to honor Horace Mann, who significantly contributed to the American public education system.

What are Horace Mann's main business segments?

The main segments include Property and Casualty, Supplemental & Group Benefits, Life & Retirement, and Corporate and Other.

How does Horace Mann market its products?

Horace Mann markets its products through professional agents and staff, many of whom are former teachers, to the educational community across the United States.

What is unique about Horace Mann's salesforce?

Several members of their salesforce are former teachers, enabling them to better understand and address the unique needs of educators.

How can policyholders benefit from the SimpliSafe partnership?

Policyholders can receive exclusive discounts on SimpliSafe home security systems and monitoring plans through a dedicated landing page.

Where is Horace Mann Educators Corporation headquartered?

The company is headquartered in Springfield, Illinois.

Horace Mann Educators Corporation

NYSE:HMN

HMN Rankings

HMN Stock Data

1.67B
40.01M
1.7%
104.2%
1.87%
Insurance - Property & Casualty
Fire, Marine & Casualty Insurance
Link
United States of America
SPRINGFIELD