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Horace Mann Educators HMN Property & Casualty and Group Benefits — Unallocated claims adjustment expenses

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Other financials

Income statement

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Revenue$443.5M+7.7%
Net income$41.6M+41.5%
EPS (diluted)$1.01+42.3%

Balance sheet

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Cash & equivalents$46.2M+13.0%
Total debt$594.2M+8.5%
Total equity$1.5B+10.5%
Total assets$15.6B+5.9%

Cash flow

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Operating cash flow$223.7M+70.4%

Valuation

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Market cap$2.11B+17.8%
Enterprise value$2.66B+15.7%
P/E11.9×-0.9×
P/S1.2×+0.1×

Profitability

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Net margin10.2%+1.7pp

Returns & leverage

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Return on equity12.4%+1.5pp
Debt / equity0.4×0.0×

Where this comes from

Reported directly by Horace Mann Educators in its filing.

Tagged under the XBRL concept us-gaap:ShortdurationInsuranceContractsLiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseAccumulatedUnallocatedClaimAdjustmentExpense.

The source filing: Horace Mann Educators’s 10-K, filed February 27, 2026.

Filed
Feb 27, 2026, 1:09 PM EST
Fiscal year
FY2025
Accession
0000850141-26-000007
($ in millions)Year Ended December 31, 2025Year Ended December 31, 2024
Specialty health0.1
Group disability23.622.6
Other short duration lines14.812.8
Total reinsurance recoverable on unpaid claims131.6128.7
Insurance lines other than short duration(1)44.441.0
Unallocated claims adjustment expenses4.111.2
Total other than short duration and unallocated claims adjustment expenses48.552.2
Gross reserves, end of year(1)$565.2$569.2

ITEM 8. I Financial Statements and Supplementary Data

FAQ

What is Horace Mann Educators's property & casualty and group benefits — unallocated claims adjustment expenses?
Horace Mann Educators (HMN) reported property & casualty and group benefits — unallocated claims adjustment expenses of $4.1M in Q4 2025.
How has Horace Mann Educators's property & casualty and group benefits — unallocated claims adjustment expenses changed year-over-year?
Horace Mann Educators's property & casualty and group benefits — unallocated claims adjustment expenses decreased by 63.4% year-over-year, from $11.2M to $4.1M.
What does property & casualty and group benefits — unallocated claims adjustment expenses mean?
This represents the costs associated with investigating and settling claims that cannot be directly attributed to a specific claim file, such as internal administrative and overhead expenses. Monitoring these expenses is essential for assessing the operational efficiency of the claims handling department within the insurance segment.

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