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Back to Home » July 2017 News » Horace Mann Estimates Impact of Second Quarter Catastrophe Losses |
Horace Mann Estimates Impact of Second Quarter Catastrophe Losses |
July 12, 2017
SPRINGFIELD, IL--(Marketwired - July 11, 2017) - Horace Mann Educators Corporation (NYSE: HMN) estimates weather-related catastrophe activity during the three months ended June 30, 2017 will total $31 to $34 million on a pre-tax basis. These catastrophe losses were related to 16 severe wind and hail catastrophe events, the most significant being severe hail events in Minnesota in mid-June and Colorado in May. These events, along with the other severe weather in the quarter, adversely impacted both property and auto losses.
Source URL: http://www.marketwired.com/mw/release.do?id=2225758&sourceType=3
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