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Horace Mann history
Horace Mann company history timeline
Horace Mann was founded in 1945 by two Springfield, Illinois, teachers who saw a need for quality, affordable auto insurance for teachers.
Louise Hall Tharp, Until Victory: Horace Mann and Mary Peabody (1953), is a popular treatment, well written and rich in background but sometimes casual in documentation.
Foreword by W. Boyd Alexander. [Yellow Springs, Ohio]: Antioch College, 1955.
In 1961, when the United States Congress created legislation for tax-deferred annuities, Horace Mann also ventured into the annuity market.
------. On the crisis in education. [Yellow Springs, Ohio]: Antioch Press, 1965.
Horace Mann has been headquartered in Springfield since its founding, occupying a two-square-block site between Seventh, Ninth, Jefferson and Washington streets since 1972.
Jonathan Messerli, Horace Mann (1972), is a perceptive and revealing biography, particularly informative on Mann's 12 years as secretary of the Massachusetts State Board of Education.
In 1974, INA Corporation, an insurance and financial services company headquartered in Philadelphia, Pennsylvania, began to purchase more and more holdings of Horace Mann.
White Oaks Mall opening day lineup (1977)
Tharp, Louise Hall, Until victory: Horace Mann and Mary Peabody, Westport, Conn.: Greenwood Press, 1977. □
As the company's leader he guided Horace Mann through a management-led buyout and, later, an initial public offering. (Kardos, a graduate of Grove City College in Pennsylvania, joined Horace Mann in 1977.
In 1982, INA Corporation merged with Connecticut General Corporation, forming a new holding company known as CIGNA.
In August 1989, Horace Mann was acquired from CIGNA by an investor group that included company management.
Horace Mann had managed Allegiance Insurance Company since 1989.
Kardos coordinated Horace Mann's initial public offering in 1991.
Horace Mann had managed Allegiance Insurance Company since 1989. It is traded on the New York Stock Exchange as HMN. In January 1994, Horace Mann acquired Allegiance Insurance Company, a California property/casualty company.
In 1995, Horace Mann was able to repurchase half of GGvA's interest in the company.
The company also expanded the size of its board of directors in 1995.
In March 1997, Horace Mann accepted an Aon Group option program enabling the company to replace up to $100 million in equity in the event of a catastrophe.
Horace Mann also introduced new products for agents to sell in 1997.
By the year 2000, the total educator market should reach 10 million.
Horace Mann expected a two percent growth in its target market by 2000, with an eight percent annual turnover in the teacher market.
Allegiance Insurance Company changed its name to Horace Mann Property & Casualty Insurance Company effective March 19, 2001.
Fallon, Daniel. "An Abbreviated History of Antioch College." Antioch College. http://www.antioch-college.edu/academics/plan/documents/App%20A%20History.pdf (accessed July 5, 2006).
The six-story Horace Mann building, which was extensively rehabilitated in 2011-12, was designed by Minoru Yamasaki, who also drew up the plans for the former World Trade Center in New York City.
Marita Zuraitis has been the Director, President and CEO of the company since 2013.
The busts of Robert E. Lee and Ulysses S. Grant stood side by side in the colonnade until 2017, when the sculptures of Lee and Stonewall Jackson were removed in response to a growing movement to take down Confederate statues.
"Mann, Horace ." American Social Reform Movements Reference Library. . Encyclopedia.com. (April 15, 2021). https://www.encyclopedia.com/social-sciences/news-wires-white-papers-and-books/mann-horace-0
In July 2021, Horace Mann announced the purchase of Madison National Life Insurance Co.
In January 2022, Horace Mann announced it had acquired Madison National Life Insurance Company, Inc. - a provider of group life, disability and specialty health insurance for educators and public sector employees.
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Horace Mann competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| WEA Member Benefits | 1972 | $16.0M | 300 | - |
| Nta Life | - | $14.9M | 100 | - |
| GEICO | 1936 | $25.5B | 40,000 | 1,093 |
| Farmers Mutual Hail Insurance Co of Iowa | 1893 | $350.0M | 348 | 14 |
| Altig - American Income Life Insurance Company | 1951 | $4.1M | 25 | - |
| StoneRiver | 1986 | $80.0M | 600 | 1 |
Horace Mann history FAQs
Zippia gives an in-depth look into the details of Horace Mann, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Horace Mann. The employee data is based on information from people who have self-reported their past or current employments at Horace Mann. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Horace Mann. The data presented on this page does not represent the view of Horace Mann and its employees or that of Zippia.
Horace Mann may also be known as or be related to HORACE MANN EDUCATORS CORP DE, Horace Mann, Horace Mann Educators Corp, Horace Mann Educators Corporation and Horace Mann Property & Casualty Insurance Co.