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Horace Mann Educators HMN Property & Casualty — Loss adjustment expenses

Other segment segments

Corporate & Other
$0
Life & Retirement
$0
Supplemental & Group Benefits
$0

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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$2.14B+19.6%
Enterprise value$2.69B+17.1%
P/E12.1×-0.7×
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:LiabilityForUnpaidClaimsAndClaimsAdjustmentExpensePeriodIncreaseDecrease.

The source filing: Horace Mann Educators’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 12:31 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000850141-26-000033
Line itemProperty & CasualtyLife & RetirementSupplemental & Group BenefitsCorporate & Other*Totals
Total segment revenues$217.8$143.2$80.1$2.5$443.6
Benefits and claims expenses (excluding catastrophe losses)$84.7$31.9$31.6$148.2
Catastrophe losses24.224.2
Loss adjustment expenses18.518.5
Interest credited53.21.454.6
Operating & admin expenses34.525.121.03.584.0
Commissions expense16.911.311.339.5
Taxes, licenses and fees5.61.21.50.28.5

Item 1. Consolidated Financial Statements

FAQ

What is Horace Mann Educators's property & casualty — loss adjustment expenses?
Horace Mann Educators (HMN) reported property & casualty — loss adjustment expenses of $18.5M in Q2 2026.
How has Horace Mann Educators's property & casualty — loss adjustment expenses changed year-over-year?
Horace Mann Educators's property & casualty — loss adjustment expenses increased by 8.2% year-over-year, from $17.1M to $18.5M.
What is the long-term trend for Horace Mann Educators's property & casualty — loss adjustment expenses?
Over 3 years (2022 to 2025), Horace Mann Educators's property & casualty — loss adjustment expenses has grown at a -19.9% compound annual growth rate (CAGR), from $534.3M to $274.6M.
What does property & casualty — loss adjustment expenses mean?
The costs associated with investigating, settling, and defending insurance claims, including legal fees and administrative costs. High or rising expenses relative to claims paid may indicate operational inefficiencies in the claims handling process.

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