NU Online News Service, Feb. 8, 3:51 p.m. – Horace Mann Educators Corp., Springfield, Ill., is reporting $4.8 million in net income for the fourth quarter of 2001 on $202 million in revenue, up from a net loss of $14 million on $193 million in revenue for the fourth quarter of 2000.
Horace Mann sells annuities, life insurance, property-casualty insurance and related products to teachers.
Operating income increased to $5.8 million, from $2.5 million, at the annuity unit, and to $5.5 million, from $2.3 million, at the life insurance unit, the company says.
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