SPRINGFIELD, Ill., April 29, 2013 /PRNewswire/ -- Forbes
Magazine has named Horace Mann Educators one of America's 100 Most
Trustworthy Companies.
"We are pleased to be selected as one of Forbes Top 100 Most Trustworthy Companies for
2012," says Peter Heckman, President
and CEO of The Horace Mann Companies. "This award illustrates the
spirit in which we run this company – to do the right thing, not
only for shareholders, but also for our agents, employees, and
importantly, our policyholders."
The ranking is based on findings by GMI Rankings, a company that
provides global research on the different risk factors affecting
the performance of public companies. Forbes reports GMI
looked at over 60 different governance and forensic accounting
measures to rank the companies. It found the top 100
Trustworthy Companies have consistently demonstrated transparent
and conservative accounting practices and solid corporate
governance and management.
Horace Mann received an AGR score
in the last four quarters of 96, and it has a 95 for this current
quarter. In creating its ranking, GMI assigned a risk score
for accounting and governance. The score is based on a system
which is designed to identify practices that have historically had
a high correlation with increasing shareholder risk. GMI also
looked at extra financial measures which differentiate the ranked
companies as more trustworthy.
To see the complete article, go to Forbes website.
About Horace
Mann
Horace Mann is
the largest national multiline insurance company focusing on
educators' financial needs. Horace Mann provides auto and
homeowners insurance, retirement annuities, life insurance and
other financial solutions. Founded by Educators for
Educators® in 1945, the company is
headquartered in Springfield, Ill.
For more information about the company,
visit www.horacemann.com.
SOURCE Horace Mann Educators