{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-21-013804","form_type":"8-K","ticker":"HMN","cik":"0000850141","company_name":"HORACE MANN EDUCATORS CORP /DE/","filed_at":"2021-07-14T23:59:59+00:00","discovered_at":"2026-05-14T18:04:20.952341+00:00","generated_at":"2026-06-30T05:34:29.822997+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Horace Mann acquires Madison National Life for $172.5M to expand educator benefits","bullets":["Purchase price $172.5M; potential earnout up to $12.5M if 2023 targets met.","Expected to close early Q1 2022, subject to regulatory approvals.","Expects mid-single-digit EPS accretion and ~50 bps ROE contribution post-close.","Madison National had ~$108M net premiums and ~$14M statutory earnings in 2020.","Credit facility expanded to $325M to fund acquisition; leverage expected below 25%."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-21-013804","json":"https://secwatch.observer/filing/0001628280-21-013804.json","markdown":"https://secwatch.observer/filing/0001628280-21-013804.md","text":"https://secwatch.observer/filing/0001628280-21-013804.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/850141/000162828021013804/0001628280-21-013804-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/850141/000162828021013804/hmn-20210714.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-30T05:34:29.822997+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}