Horace Mann Educators Corp (HMN) News & EventsHMNNews & EventsHorace Mann Educators Corp

Horace Mann Reports Q2 Revenue of $443.5M

Reports Q2 revenue $443.5M, consensus $443.9M. Reported book value rose to $37.11 and tangible book value increased 10% to $36.64 at quarter end. Total revenues rose 8% for the quarter, with net premiums and contract charges earned up 5%. "Horace Mann delivered another quarter of strong operating performance, reflecting excellent underlying underwriting performance in our Property & Casualty business, lower catastrophe losses, and continued sales momentum across our businesses," said Horace Mann President and CEO Marita Zuraitis.

Horace Mann Raises 2026 Core EPS Guidance to $4.60-$4.90

Horace Mann President and CEO Marita Zuraitis said: "Taking first-half results into consideration, we are increasing our full-year 2026 core EPS guidance to a range of $4.60 to $4.90. We continue to execute on our strategy to deliver sustained, profitable growth and remain well positioned to achieve our long-term financial objectives. Our results clearly illustrate Horace Mann's ability to empower all educators to achieve lifelong financial success, while also helping employers attract and retain employees by providing more comprehensive benefits. The diversification of our business reflects our strategy to deliver consistent and reliable value to shareholders with a solid balance sheet and a compelling dividend."

Horace Mann Educators Corporation Acquires Employee Services and Reserve National Insurance Company

Horace Mann Educators Corporation and Medical Mutual of Ohio announced they have entered into two separate agreements under which Horace Mann will acquire the employee assistance provider Employee Services, LLC through the acquisition of ESI membership interests, and separately, will acquire an individual supplemental platform through the acquisition of all outstanding capital stock of Reserve National Insurance Company and reinsure MedMutual Life Insurance Company's group life and disability business while Medical Mutual of Ohio will retain the legal insurance entity. Together, these established businesses bring deep expertise, strong customer relationships and complementary capabilities to Horace Mann. These transactions add nearly $200 million in annual revenue, serve more than one million covered lives across approximately 7,000 employer relationships, and add over 1,000 agents and brokers, significantly expanding Horace Mann's customer reach and distribution capabilities. The transactions are expected to be immediately accretive to Horace Mann's core earnings per share and shareholder return on equity by strengthening the company's earnings profile through a combination of high-margin insurance businesses, recurring fee-based revenue and enhanced capital efficiency.