Horace Mann Educators Corp (NYSE:HMN)
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An insurance holding company, which through its subsidiaries, markets and underwrites personal lines of property and casualty and life insurance and retirement annuities in the United States of America.
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The forward PE is only 8.97. I am setting a target $18 which is about 25% above its current price.
Everything possible at Horace Mann is going to India. Application support, whole systems, network administration, systems work, you name it. There isn't a safe job in IT. The other angle is a complete takeover by Allstate (CEO Lou Lower's former employer). Any time a management position opens up it is filled by someone from Allstate. I hope any school district that is dealing with Horace Mann knows what it is doing! If you want your personal data controlled in India, GOOD LUCK!