Risk factors
Horace Mann Educators (HMN) risk factors
Item 1A of every Horace Mann Educators Corp. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors35 risks1 new15 reworded
Inflation has materially increased auto and property loss costs, with longer-tail auto liability especially exposed.
Filed Feb 27, 2026 - FY2024 10-K risk factors34 risks
Horace Mann Educators faces primary concentration risks around targeting and accessing the K-12 educator marketplace for insurance and retirement products. Catastrophe losses, weather events, investment portfolio fluctuations, and interest rate volatility significantly impact financial results. Extensive regulatory oversight, particularly in property and casualty insurance and 403(b) retirement products, shapes operational flexibility.
Filed Feb 28, 2025