HMN

Horace Mann expects first-quarter 2023 core EPS* of $0.21 to $0.23 despite elevated catastrophe losses; reiterates full-year guidance

Retrieved on: 
Thursday, April 20, 2023
Environment, Insurance, Finance, Natural Disasters, Professional Services, Health Insurance, Other Education, Health, Education, Horace Mann Educators Corporation, Event, HMN, PCS, Webcast, Weather, EPS, Security (finance), News, NYSE, Software, Video game

“Horace Mann claims representatives responded quickly and compassionately to policyholders affected by the storms.

Key Points: 
  • “Horace Mann claims representatives responded quickly and compassionately to policyholders affected by the storms.
  • I’m proud of our team for delivering on our promise to help educators when they need it most,” said Horace Mann President and CEO Marita Zuraitis.
  • The company continues to expect full-year catastrophe losses will represent about 10 points on the full-year combined ratio.
  • “Despite the outsized catastrophe losses, first-quarter results confirm that we remain on pace toward our business objectives for this year.

Horace Mann names industry veteran Stephen J. McAnena to newly created role of Executive Vice President and Chief Operating Officer

Retrieved on: 
Tuesday, April 11, 2023
Professional Services, Education, Health, Insurance, Health Insurance, Finance, Other Education, Financial services, Life, Horace Mann Educators Corporation, Stephen McAnena, Liberty Mutual, Acquisition, Multimedia, HMN, Horace Mann, NYSE, Farmer, Management

Horace Mann Educators Corporation (NYSE: HMN) today announced it has named Stephen J. McAnena as Executive Vice President and Chief Operating Officer effective May 8, 2023.

Key Points: 
  • Horace Mann Educators Corporation (NYSE: HMN) today announced it has named Stephen J. McAnena as Executive Vice President and Chief Operating Officer effective May 8, 2023.
  • “Steve is an accomplished leader with an outstanding track record of driving strategic outcomes that enhance value,” Zuraitis commented.
  • “We are excited to welcome Steve to the Horace Mann team.
  • I look forward to working with this talented team to bring more of Horace Mann’s solutions to more educators and contributing to the achievement of Horace Mann’s long-term objectives.”

Horace Mann to announce first-quarter 2023 financial results on May 2

Retrieved on: 
Monday, April 3, 2023
Finance, Asset Management, Other Education, Banking, Professional Services, University, Primary, Secondary, Education, Financial services, Webcast, NYSE, Horace Mann Educators Corporation, ASU, Insurance, Financial Accounting Standards Board, HMN, Event, News, Software, Financial adviser

Horace Mann Educators Corporation (NYSE:HMN) plans to release its first-quarter 2023 results on May 2, after the market closes.

Key Points: 
  • Horace Mann Educators Corporation (NYSE:HMN) plans to release its first-quarter 2023 results on May 2, after the market closes.
  • At that time, the quarterly news release, investor supplement and investor presentation will be available on the company’s website at investors.horacemann.com.
  • Management will host a conference call to discuss the financial results on May 3 at noon Eastern Time.
  • Horace Mann has adopted the Financial Accounting Standards Board’s Accounting Standard Update 2018-12 Financial Services - Insurance: Targeted Improvements to the Accounting for Long-Duration Contracts as of January 1, 2023, with a January 1, 2021 transition date.

2023 Oncology Nurse Advisor Summit Smashes Attendance Records

Retrieved on: 
Thursday, March 30, 2023
Practice Management, Nursing, Oncology, Health, Continuing, Health Technology, Education, Training, GSK plc, NACE, Partnership, Colorectal Cancer Alliance, MSN, Temple University, Fox Chase Cancer Center, Pressure, ONA, Cancer, ANCC, Bristol Myers Squibb, HMN, Merck & Co., DNP, Prevent Cancer Foundation, Gastrointestinal tract, American Nurses Credentialing Center, Patient, Breast cancer, Daiichi Sankyo, NP, AstraZeneca, RN, CPPS, Knowledge, Bladder cancer, Oncology nursing, American Cancer Society, National Association, Summit, MHA, APN, Primary myelofibrosis, Regeneron Pharmaceuticals

Over 1,415 oncology nurses in all roles found inspiration and connection while expanding their knowledge in disease-specific and supportive care topics on March 17-19 at the 2023 Oncology Nurse Advisor (ONA) Summit.

Key Points: 
  • Over 1,415 oncology nurses in all roles found inspiration and connection while expanding their knowledge in disease-specific and supportive care topics on March 17-19 at the 2023 Oncology Nurse Advisor (ONA) Summit.
  • The live virtual continuing education conference was hosted by Oncology Nurse Advisor—the Haymarket Medical Network (HMN) online and print resource for the oncology nurse community—in partnership with Haymarket Medical Education, Fox Chase Cancer Center and Temple University.
  • In addition to the partnership with Fox Chase Cancer Center, 2023 ONA Summit Sponsors included Regeneron (Platinum Sponsor) and AstraZeneca Pharmaceuticals (Silver Sponsor).
  • Creation of the virtual environment and production of the 2023 ONA Summit was provided by Haymarket’s sister organization, National Association for Continuing Education (NACE) Studios located in Sunrise, Florida.

INNOVATE Corp. Completes Sale of Remaining Equity Stake in HMN International

Retrieved on: 
Tuesday, March 7, 2023
NYSE, Sale, Panzer corps, Growth, Tax, HMN, Cryptocurrency

NEW YORK, March 07, 2023 (GLOBE NEWSWIRE) -- INNOVATE Corp. (NYSE: VATE), today announced that it has closed the sale of the remaining 19% interest in HMN International Co. Ltd., formerly known as Huawei Marine Networks Co. (“HMN”), to subsidiaries and an affiliate of Hengtong Optic-Electric Co Ltd.

Key Points: 
  • NEW YORK, March 07, 2023 (GLOBE NEWSWIRE) -- INNOVATE Corp. (NYSE: VATE), today announced that it has closed the sale of the remaining 19% interest in HMN International Co. Ltd., formerly known as Huawei Marine Networks Co. (“HMN”), to subsidiaries and an affiliate of Hengtong Optic-Electric Co Ltd.
  • The 19% HMN stake was held by Global Marine Holdings, LLC, an entity in which INNOVATE holds an approximately 73% controlling interest.
  • The sale was consummated pursuant to the terms of a supplemental agreement entered into by the parties in June 2022.
  • Wayne Barr, Jr., Chief Executive Officer of INNOVATE, said, “We are pleased to have completed the monetization of our stake in HMN and the disposition of this portfolio company.

Haymarket Media Acquires the American Journal of Endocannabinoid Medicine

Retrieved on: 
Thursday, March 9, 2023
Alternative Medicine, General Health, Health, MD, Physician, Science, Haymarket, Language, Medicine, MPH, American Journal, Patient, Publicis Healthcare Communications Group, Multimedia, ECS, Senior, HMN, Pharmaceutical industry

Haymarket Media, Inc. is pleased to announce that it has acquired the American Journal of Endocannabinoid Medicine (AJEM) —a peer-reviewed journal focused on cannabinoid medicine.

Key Points: 
  • Haymarket Media, Inc. is pleased to announce that it has acquired the American Journal of Endocannabinoid Medicine (AJEM) —a peer-reviewed journal focused on cannabinoid medicine.
  • Haymarket is making an additional investment in AJEM to increase its engagement with healthcare professionals (HCPs) and fulfill its mission to educate and inform the medical community on cannabinoid-based therapy.
  • View the full release here: https://www.businesswire.com/news/home/20230309005712/en/
    Physicians are not trained in the endocannabinoid system (ECS) in medical school.
  • Haymarket’s resources will allow us to finally provide much-needed endocannabinoid education to those on the front lines of medicine,” says Leslie Apgar, MD, Editor-in-Chief of AJEM.

Horace Mann increases quarterly shareholder dividend, reiterates commitment to long-term shareholder value creation

Retrieved on: 
Monday, March 6, 2023
Primary, Secondary, Professional Services, Education, Insurance, Finance, Asset Management, Other Education, EPS, Chartered Property Casualty Underwriter, Property, NYSE, Horace Mann Educators Corporation, HMN

Horace Mann Educators Corporation (NYSE:HMN) today announced that its Board of Directors approved a 3.1% increase in the quarterly cash dividend to $0.33 per share.

Key Points: 
  • Horace Mann Educators Corporation (NYSE:HMN) today announced that its Board of Directors approved a 3.1% increase in the quarterly cash dividend to $0.33 per share.
  • The quarterly dividend is payable on March 31, 2023, to shareholders of record as of March 16, 2023.
  • “This is the 15th consecutive year the Board has increased the annual shareholder cash dividend, reflecting Horace Mann’s commitment to long-term shareholder value creation,” said Marita Zuraitis, Horace Mann President and CEO.
  • “The steadily increasing cash dividend and opportunistic share repurchases are important aspects of that commitment.

More Than 60% of Nation’s Educators Considering Leaving the Profession Due in Part to New Challenges Related to Staffing Shortages, Says Horace Mann Study

Retrieved on: 
Wednesday, February 1, 2023
Primary, Secondary, Education, Horace Mann Educators Corporation, HMN, Woman, Multimedia, NYSE, Student, Morale, Teaching, St. Louis Fed Financial Stress Index, Nursing

More than 60% of public K-12 educators say they are considering leaving teaching, according to a February 2023 Horace Mann Educators Corporation (NYSE: HMN) report.

Key Points: 
  • More than 60% of public K-12 educators say they are considering leaving teaching, according to a February 2023 Horace Mann Educators Corporation (NYSE: HMN) report.
  • Their decisions are being driven by a combination of staffing shortages, stress and financial worry.
  • View the full release here: https://www.businesswire.com/news/home/20230201005437/en/
    Infographic: More than 60% of public K-12 educators say they are considering leaving teaching, according to a February 2023 Horace Mann Educators Corporation (NYSE:HMN) report.
  • In addition, 77% of public school educators are women, who have historically faced more challenges to financial security.

Horace Mann included in 2023 Bloomberg Gender-Equality Index

Retrieved on: 
Tuesday, January 31, 2023
Insurance, Women, Seniors, LGBTQ+, Professional Services, DEI (Diversity, Equity and Inclusion), Other Education, Consumer, Primary, Secondary, Education, Horace Mann Educators Corporation, HMN, GEI, Multimedia, NYSE, Bloomberg Terminal, Index, Bloomberg, Disclosure, Parity, Toy, Cryptocurrency

Horace Mann Educators Corporation (NYSE:HMN) today announced that it is one of 484 companies worldwide named to the 2023 Bloomberg Gender-Equality Index, which recognizes corporate commitment to gender equality and transparency in gender data reporting.

Key Points: 
  • Horace Mann Educators Corporation (NYSE:HMN) today announced that it is one of 484 companies worldwide named to the 2023 Bloomberg Gender-Equality Index, which recognizes corporate commitment to gender equality and transparency in gender data reporting.
  • View the full release here: https://www.businesswire.com/news/home/20230131005032/en/
    Horace Mann has been named to the 2023 Bloomberg Gender-Equality Index.
  • Horace Mann has been included in the index since its inception in 2019.
  • “We strive to nurture an inclusive corporate culture where every employee feels heard, respected and appreciated,” said Horace Mann President and CEO Marita Zuraitis.

Horace Mann announces preliminary fourth-quarter 2022 Property & Casualty segment results

Retrieved on: 
Tuesday, January 24, 2023
Finance, Other Education, Professional Services, Insurance, Education, Storm, Horace Mann Educators Corporation, Ice, Event, HMN, Webcast, NYSE, Chartered Property Casualty Underwriter, Weather, Software, News, Video game

Horace Mann Educators Corporation (NYSE:HMN) today announced it expects a fourth-quarter Property & Casualty segment loss between $25 million and $29 million, after tax, including losses related to the severe weather across most of the country in late December.

Key Points: 
  • Horace Mann Educators Corporation (NYSE:HMN) today announced it expects a fourth-quarter Property & Casualty segment loss between $25 million and $29 million, after tax, including losses related to the severe weather across most of the country in late December.
  • “In addition, the widespread ice and extremely low temperatures in the later part of the quarter were a factor in auto losses.
  • “Industry-wide, property and casualty loss trends are emerging that are higher than our previous assumptions,” Zuraitis added.
  • As a result, we will also be adding approximately $14 million, pretax, to Property & Casualty prior-year reserves and approximately $5 million to reserves for the first three quarters of 2022.