{"id":44990,"date":"2026-07-25T00:29:00","date_gmt":"2026-07-24T22:29:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=d55d5c53b7f169a4ea4853a5a42f76ce"},"modified":"2026-07-25T00:29:00","modified_gmt":"2026-07-24T22:29:00","slug":"am-best-comments-on-credit-ratings-of-horace-mann-educators-corporation-and-its-subsidiaries-following-announced-transaction-with-medical-mutual-of-ohio","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=44990","title":{"rendered":"AM Best Comments on Credit Ratings of Horace Mann Educators Corporation and Its Subsidiaries Following Announced Transaction with Medical Mutual of Ohio"},"content":{"rendered":"

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best <\/b>has commented that the Credit Ratings (ratings) of Horace Mann Educators Corporation (headquartered in Springfield, IL) and its subsidiaries remain unchanged following the announcement of its transaction with Medical Mutual of Ohio to acquire Employee Services, LLC (ESI) and Reserve National Insurance Company (RNIC). Additionally, Horace Mann will reinsure MedMutual Life Insurance Company\u2019s group life and disability business, while Medical Mutual of Ohio retains the legal insurance entity.<\/p><\/a><\/a>

These transactions are expected to broaden Horace Mann\u2019s individual supplemental and group benefits business and provide additional diversification to the organization\u2019s business profile. The total net purchase price is approximately $240 million and is expected to be funded through a combination of excess capital and borrowings under Horace Mann\u2019s existing revolving credit facility. The transactions are modest relative to Horace Mann\u2019s overall operations, and AM Best does not expect them to materially affect the organization\u2019s balance sheet strength or operating performance over the near to intermediate terms. The ESI transaction is expected to close in fourth-quarter 2026. The RNIC acquisition and the MedMutual Life Insurance Company group life and disability business transactions are expected to close in first-quarter 2027.<\/p>

This press release relates to Credit Ratings that have been published on AM Best\u2019s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best\u2019s <\/b>Recent Rating Activity<\/b><\/a> web page. For additional information regarding the use and limitations of Credit Rating opinions, please view <\/b>Guide to Best's Credit Ratings<\/b><\/a>. For information on the proper use of Best\u2019s Credit Ratings, Best\u2019s Performance Assessments, Best\u2019s Preliminary Credit Assessments and AM Best press releases, please view <\/b>Guide to Proper Use of Best\u2019s Ratings & Assessments<\/b><\/a>.<\/b><\/p>

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit <\/b>www.ambest.com<\/b><\/a>.<\/b><\/p>

Copyright \u00a9 2026 by A.M. Best Rating Services, Inc. and\/or its affiliates. ALL RIGHTS RESERVED.<\/b><\/p> Contacts<\/b>

Michael Vallario<\/b>Financial Analyst<\/b>+1 908 882 2408<\/b>michael.vallario@ambest.com<\/a><\/p>

Edin Imsirovic<\/b>Director<\/b>+1 908 882 1903<\/b>edin.imsirovic@ambest.com<\/a><\/p>

Christopher Sharkey<\/b>Associate Director, Public Relations<\/b>+1 908 882 2310<\/b>christopher.sharkey@ambest.com<\/a><\/p>

Al Slavin<\/b>Senior Public Relations Specialist<\/b>+1 908 882 2318<\/b>al.slavin@ambest.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"

OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has commented that the Credit Ratings (ratings) of Horace Mann Educators Corporation (headquartered in Springfield, IL) and its subsidiaries remain unchanged following the announcement of its transaction with Med…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-44990","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/44990","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=44990"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/44990\/revisions"}],"predecessor-version":[{"id":44992,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/44990\/revisions\/44992"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44990"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44990"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44990"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}