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{{about||the school also called "Horace Mann"|Horace Mann School|other people|Horace Mann (disambiguation)}}

{{Infobox company
| name = Horace Mann
| logo = Horace Mann Educators Corporation .png
| logo_size = 250px
| type = Public
| traded_as = {{NYSE|HMN}}<br>[[S&P 600|S&P 600 Component]]
| location_city = [[Springfield, Illinois|Springfield]], [[Illinois]]
| location_country = [[United States|U.S.]]
| industry = [[Insurance]], [[Financial Services]]
| founded = 1945<ref name=HoraceMannCompaniesEndowsScholarshipforTeachers>{{cite news| url=https://www.uis.edu/advancement/featured-stories/donors/horace-mann-companies/=true#tab1 | title=Horace Mann Companies Endows Scholarship for Teachers}}</ref>
| founder = Leslie Nimmo and Carrol Hall
| key_people = Marita Zuraitis (CEO)
| num_employees = 1,400
| website = {{URL|www.horacemann.com}}
}}
[[File:Horace Mann Educators Corporation.jpg|thumb|Horace Mann Headquarters in downtown Springfield, Illinois.]]
'''Horace Mann''' is an [[Illinois]]-based [[Automobile insurance|auto]], [[Property insurance|property]], and [[life insurance]], as well as [[financial services]] <nowiki/>company that focuses on [[Retirement annuity|retirement annuities]] and [[mutual funds]].<ref>{{Cite web|url=http://www.wandtv.com/story/32494133/horace-mann-awards-two-college-scholarships|title=Horace Mann Awards Two College Scholarships|last=Sterling|first=Dawn|date=July 20, 2016|website=wandtv.com|access-date=}}</ref> Horace Mann primarily works with educators and their families.<ref>{{Cite web|url=http://www.fiscalstandard.com/2016/08/28/horace-mann-educators-corporation-nysehmn-broker-price-targets-for-the-coming-week-5/|title=Horace Mann (NYSE:HMN) Broker Price Targets For The Coming Week.|last=Ainsworth|first=Camille|date=August 28, 2016|website=fiscalstandard.com|archive-url=https://web.archive.org/web/20161002135819/http://www.fiscalstandard.com/2016/08/28/horace-mann-educators-corporation-nysehmn-broker-price-targets-for-the-coming-week-5/|archive-date=October 2, 2016|dead-url=yes|access-date=|df=}}</ref>

== History ==
Horace Mann was founded in [[Springfield, Illinois]], in 1945.<ref name=":0">{{Cite web|url=http://www.sj-r.com/article/20131018/NEWS/310189886|title=New Horace Mann CEO getting to know company, community - News - The State Journal-Register - Springfield, IL|date=2016-12-28|access-date=2017-07-13|deadurl=bot: unknown|archiveurl=https://web.archive.org/web/20161228165029/http://www.sj-r.com/article/20131018/NEWS/310189886|archivedate=2016-12-28|df=}}</ref> Originally named the IEA (Illinois Education Association) Mutual Insurance Company because of its affiliation with the Illinois Education Association,<ref>{{Cite book|url=https://books.google.com/books?id=ZPZXAAAAYAAJ&q=Horace%20Mann%20IEA%20(Illinois%20Education%20Association)%20Mutual%20Insurance%20Company&dq=Horace%20Mann%20IEA%20(Illinois%20Education%20Association)%20Mutual%20Insurance%20Company&hl=en&sa=X&ved=0ahUKEwjIiczevenOAhVDLMAKHcA5DpgQ6AEILjAA|title=Illinois Education|date=1962|language=en}}</ref> Horace Mann was founded by teachers Leslie Nimmo and Carrol Hall. Nimmo and Carroll created IEA Mutual to sell automotive insurance to Illinois teachers. The company was later renamed Horace Mann, after the [[Horace Mann|American educational reformer of the same name]]. Mann himself was not involved with the company. In 1947, Horace Mann began to sell insurance policies outside of Illinois and in 1949, the Horace Mann Life Insurance Company was founded.<ref name=":1">{{Cite book|title=International Directory of Company Histories|last=Pederson|first=Jay P.|publisher=St. James Press|year=1998|isbn=|location=|pages=269}}</ref> Horace Mann would later add property insurance.<ref name=":2">"Horace Mann .". International Directory of Company Histories,. 2006.</ref> In 1961, the company began selling tax-deferred annuities, and in 2003, it entered the mutual funds business.<ref name=":2" /> In 1974, the Insurance Company of North America (INA), a Philadelphia-based insurance and financial services corporation, began increasing its holdings of Horace Mann and by January 1975 had acquired the company. In 1982, INA Corporation merged with Connecticut General Corporation, forming a new holding company known as [[CIGNA]].<ref name=":2" />

In August 1989, Horace Mann was acquired from CIGNA by an investor group that included company management.<ref>{{Cite news|url=http://articles.chicagotribune.com/1989-08-30/business/8901080924_1_cigna-sale-cash-and-dividends|title=Cigna Closes Sale Of Horace Mann|work=tribunedigital-chicagotribune|access-date=2017-07-13|language=en}}</ref> In November 1991, Horace Mann completed an [[initial public offering]] of [[common stock]] at $18 per share.<ref>{{Cite news|url=http://articles.chicagotribune.com/1991-04-10/business/9102010976_1_horace-mann-insurance-rate-hikes-cigna|title=Horace Mann To Acquire Insurer For $35 Million|work=tribunedigital-chicagotribune|access-date=2017-07-13|language=en}}</ref> It is traded on the New York Stock Exchange as HMN.<ref>{{Cite web|url=https://www.nyse.com/events/3061996650/Horace-Mann-Educators-Corporation-NYSE-HMN-Rings-the-NYSE-Opening-Bell|title=Events|website=www.nyse.com|language=en|access-date=2017-07-13}}</ref><ref>{{Cite news|url=https://www.forbes.com/sites/kathryndill/2014/04/01/americas-50-most-trustworthy-financial-companies/#3785660b618f|title=America's 50 Most Trustworthy Financial Companies|last=Dill|first=Kathryn|work=Forbes|access-date=2017-07-17}}</ref> In January 1994, Horace Mann acquired Allegiance Insurance Company, a California property/casualty company. Horace Mann had managed Allegiance Insurance Company since 1989.<ref name=":1" /> Allegiance Insurance Company changed its name to Horace Mann Property & Casualty Insurance Company effective March 19, 2001.<ref name=":2" /> Marita Zuraitis has been the Director, President and CEO of the company since 2013. Horace Mann’s corporate headquarters in Springfield, Illinois,<ref name=":0" /> reside in a building designed by architect [[Minoru Yamasaki]].<ref>Emanuel, Muriel (23 January 2016). [https://books.google.com/books?id=n8VyCwAAQBAJ&pg=PA911 "Contemporary Architects"]{{dead link|date=November 2017|bot=medic}}{{cbignore|bot=medic}}. Springer – via Google Books.</ref> Horace Mann has regional claim offices in [[Irving, Texas]],<ref>{{Cite web|url=https://www.bizjournals.com/dallas/stories/2008/10/20/story1.html|title=Horace Mann Picks N. Texas|website=www.bizjournals.com|access-date=2017-07-13}}</ref> and [[Morrisville, North Carolina]].<ref>{{Cite web|url=http://www.costar.com/News/Article/Expansions-Relocations-Nov-2-8-Multi-Peril-Research-Expansion/107222|title=Expansions & Relocations (Nov. 2-8): Multi-Peril Research Expansion - CoStar Group|website=www.costar.com|language=en|access-date=2017-07-13}}</ref> It contracts with more than 600 exclusive agencies for sales and service.<ref name=":3">{{Cite web|url=http://globaldocuments.morningstar.com/documentlibrary/Document/315399b70682d7bb65c3e1dd694d40a9.msdoc/original|title=MSDOC|date=2016-10-02|access-date=2017-07-14|deadurl=bot: unknown|archiveurl=https://web.archive.org/web/20161002085541/http://globaldocuments.morningstar.com/documentlibrary/Document/315399b70682d7bb65c3e1dd694d40a9.msdoc/original|archivedate=2016-10-02|df=}}</ref> Horace Mann has approximately 1,400 employees, including about 1,100 at its Springfield, Illinois headquarters.<ref name=":3" />

== Insurance policies and services ==
Horace Mann sells personal property and casualty (P&C) insurance,<ref>{{Cite web|url=https://www.reuters.com/finance/stocks/companyProfile?symbol=HMN|title=${Instrument_CompanyName} ${Instrument_Ric} Company Profile {{!}} Reuters.com|last=Editorial|first=Reuters|website=Reuters|language=en-US|access-date=2017-07-17}}</ref> including auto,<ref>{{Cite web|url=http://money.cnn.com/2006/04/24/pf/saving/willis_tips/index.htm?section=money_pf|title=5 Tips: Cut your car insurance costs - Apr. 24, 2006|last=columnist|first=By Gerri Willis, CNNMoney.com contributing|website=money.cnn.com|access-date=2017-07-14}}</ref> homeowner, renters,<ref>{{Cite web|url=http://www.managementtoday-magazine.com/sections/special-focus/670-horace-mann|title=Horace Mann - Management Today Magazine|date=2016-10-01|access-date=2017-07-14|deadurl=bot: unknown|archiveurl=https://web.archive.org/web/20161001191232/http://www.managementtoday-magazine.com/sections/special-focus/670-horace-mann|archivedate=2016-10-01|df=}}</ref> and umbrella insurance.<ref>{{Cite web|url=http://insurancenewsnet.com/oarticle/Basketball-gives-Morrow-normalcy-a-524033|title=Basketball gives Morrow normalcy - InsuranceNewsNet|website=insurancenewsnet.com|language=en-US|access-date=2017-07-14}}</ref> In addition to P&C insurance, Horace Mann provides whole life insurance, term life insurance, universal life insurance, variable universal life insurance, and indexed universal life insurance.<ref>{{Cite web|url=https://www.reuters.com/finance/stocks/companyProfile?symbol=HMN|title=${Instrument_CompanyName} ${Instrument_Ric} Company Profile {{!}} Reuters.com|last=Editorial|first=Reuters|website=Reuters|language=en-US|access-date=2017-07-14}}</ref> Since the 1960s, Horace Mann has sold tax-deferred annuities to teachers for use in 403(b) plans. They continue to sell annuities, both individually and to groups.<ref>{{Cite book|url=https://books.google.com/books?id=FAA7UaVB5AEC&pg=PT348|title=Plunkett's Companion to the Almanac of American Employers 2009: Mid-Size Firms|last=Plunkett|first=Jack W.|date=March 1, 2009|publisher=Plunkett Research, Ltd.|isbn=9781593921262|language=en}}</ref> In addition, Horace Mann provides mutual funds through its limited broker-dealer affiliate, Horace Mann Investors, Inc.<ref>{{Cite web|url=https://www.bloomberg.com/quote/HM9:GR|title=HM9:Frankfurt Stock Quote - Horace Mann Educators Corp|website=Bloomberg.com|access-date=2017-07-14}}</ref>

Horace Mann also has administrative services for school districts, such as Section 125 cafeteria plans that allow school employees to pay for unreimbursed medical expenses and dependent care expenses with pre-tax dollars;<ref>{{Cite web|url=http://asbointl.org:80/about/corporate-partnership/the-horace-mann-companies|title=ASBO {{!}} The Horace Mann Companies|website=asbointl.org|language=en|access-date=2017-07-14}}</ref> Third-Party Administrator (TPA) providing administrative and consulting services for 403(b) and 457(b) plans to ensure compliance with IRS regulations<ref>{{Cite web|url=http://schools.horacemann.com/en/employee-benefits/flexible-benefits-services.aspx|title=Flexible Benefits Services {{!}} Horace Mann|website=schools.horacemann.com|access-date=2017-07-14}}</ref> and financial literacy workshops.<ref>{{Cite news|url=http://www.nbcnews.com/id/40895999/ns/business-press_releases/t/horace-mann-now-national-sponsor-donorschooseorg/|title=Horace Mann Now National Sponsor of DonorsChoose.org|date=2011-01-03|work=msnbc.com|access-date=2017-07-14|language=en}}</ref> The company sponsors several awards recognizing excellence in education, including the NEA Foundation Awards for Teaching Excellence.<ref>{{Cite web|url=http://thecitizen.com/2016/08/29/coweta-teacher-nominated-national-award/|title=Coweta teacher nominated for national award|last=Citizen|first=The|date=2016-08-29|website=The Citizen|access-date=2017-07-14}}</ref> Horace Mann has also partnered with DonorsChoose.org.<ref>{{Cite news|url=http://www.tulsaworld.com/communities/glenpool/glenpool-teacher-only-oklahoma-recipient-of-horace-mann-education-grant/article_b2a50c03-5982-5e8c-80f1-c188b3a1b5cb.html|title=Glenpool teacher only Oklahoma recipient of Horace Mann education grant|last=Correspondent|first=BRITT GREENWOOD World|work=Tulsa World|access-date=2017-07-14|language=en}}</ref>

== See also ==
* [[List of United States insurance companies]]

== References ==
{{Reflist|2}}

== External links ==
* {{Official|http://www.horacemann.com/}}

{{Major insurance companies}}
{{Illinois Corporations}}

[[Category:Life insurance companies of the United States]]
[[Category:Financial services companies established in 1945]]
[[Category:Insurance companies based in Illinois]]
[[Category:Auto insurance in the United States]]
[[Category:1945 establishments in Illinois]]

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Horace Mann Educators Corporation - Revision history

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HM Aaron: Update info box to match employee count.