Horace Mann Educators Corporation (NYSE:HMN) provides individual and group insurance and financial solutions that help America’s educators and others who serve the community achieve lifelong financial success.
Horace Mann was founded in 1945 by two Springfield, Illinois, teachers who saw a need for quality, affordable auto insurance for teachers. Since then, we’ve broadened our mission to helping all educators protect what they have today and prepare for a successful tomorrow. We’re motivated by the fact that educators take care of our children’s future, and we believe they deserve someone to look after theirs.
Our individual solutions include auto insurance, homeowners insurance, life insurance, retirement solutions and supplemental health insurance. We also provide group benefits for disability, life and supplemental health.
We are focused on creating long-term shareholder value and achieving our objective of a sustainable double-digit return on equity. Since 2010, our combined book value and accumulated dividends have increased at a compound annual growth rate of 7%. Our Board of Directors approved dividend increases for 17 consecutive years, and we have completed $124 million in stock repurchases since 2011.