Horace Mann CR weakens 15.5 points to 112%, P&C premiums down 5.2%
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Horace Mann CR weakens 15.5 points to 112%, P&C premiums down 5.2%

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Educator-focused carrier Horace Mann reported its combined ratio swelled by 15.5 points in the third quarter, as both its underlying loss ratio and expense ratio spiked.

The Springfield, Illinois-based carrier reported a combined ratio of 112%, up from 96.5% in Q3 2020.

The company’s underlying loss ratio rose 6.7

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