{"id":13187,"date":"2018-12-11T02:46:00","date_gmt":"2018-12-11T07:46:00","guid":{"rendered":"http:\/\/lifeinsurance-orleans.ca\/Life-Insurance-Blog\/horace-mann-acquiring-dallas-insurer-in-405m-deal\/"},"modified":"2018-12-11T02:46:00","modified_gmt":"2018-12-11T07:46:00","slug":"horace-mann-acquiring-dallas-insurer-in-405m-deal","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2018\/12\/11\/horace-mann-acquiring-dallas-insurer-in-405m-deal\/","title":{"rendered":"Horace Mann Acquiring Dallas Insurer In $405M Deal"},"content":{"rendered":"<div>\n<p>Horace Mann Educators Corp. announced Monday it has signed a deal to acquire a Dallas-based insurance company for $405 million.<\/p>\n<p>The company will acquire National Teachers Associates Life Insurance Company, a family-owned firm that specializes in supplemental insurance products for teachers. NTA has about 220 agents nationwide and had about $130 million in premiums and $30 million in core earnings in the 12 months ending in September.<\/p>\n<p>&#8220;This transaction brings together two organizations that share a deep commitment to the education market, increasing our reach and distribution by more than 30 percent with limited geographic overlap,&#8221; said Horace Mann President and CEO Marita Zuraitis. &#8220;The addition of NTA will accelerate our progress toward becoming the company of choice to provide financial solutions to the education market.&#8221;<\/p>\n<p>The transaction has been approved by the Horace Mann board and is expected to close in the second quarter of 2019, pending regulatory approvals.<\/p>\n<p class=\"shirttail\">___<\/p>\n<p class=\"shirttail\">(c)2018 The State Journal-Register, Springfield, Ill.<\/p>\n<p class=\"shirttail\">Visit The State Journal-Register, Springfield, Ill. at www.sj-r.com<\/p>\n<p class=\"shirttail\">Distributed by Tribune Content Agency, LLC.<\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/insurancenewsnet.com\/oarticle\/horace-mann-acquiring-insurer-in-405m-deal\">Horace Mann Acquiring Dallas Insurer In $405M Deal<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/insurancenewsnet.com\/\">InsuranceNewsNet<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Horace Mann Educators Corp. announced Monday it has signed a deal to acquire a Dallas-based insurance company for $405 million. The company will acquire National Teachers Associates Life Insurance Company, a family-owned firm that&#46;&#46;&#46;<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/13187"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/578"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=13187"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/13187\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=13187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=13187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=13187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}