Sifting through countless of stocks in the Insurance industry can be tedious, and sometimes two stocks are just too similar to judge which is the better investment. If you’re on the fence about investing in RLI Corp. or Horace Mann Educators Corporation because you’re not sure how they measure up, it’s important to compare them on a few factors before making your decision.

Read on to learn how RLI Corp. and Horace Mann Educators Corporation compare based on key financial metrics to determine which better meets your investment needs.

About RLI Corp. and Horace Mann Educators Corporation

RLI Corp., an insurance holding company, provides property, casualty, and surety insurance products. Its Casualty segment provides commercial excess, personal umbrella, general liability, transportation, and management liability coverages; professional liability and workers’ compensation for office-based professional coverages; commercial automobile liability and physical damage insurance to local, intermediate and long haul truckers, public transportation entities, and other specialty commercial automobile risks; incidental related insurance coverages; inland marine coverages; directors and officers liability insurance, fiduciary liability and coverages, employment practice liability, public and private businesses risk, and home business insurance products. This segment also offers coverages for security guards and environmental liability for underground storage tanks, contractors and asbestos, and environmental remediation specialists; and professional liability coverages for errors and omission coverage for small to medium-sized design, technical, computer, and miscellaneous professionals. The company’s Property segment offers commercial property insurance, such as fire, wind, difference in conditions, earthquake, flood, and collapse coverages; insurance for office buildings, apartments, condominiums, and industrial and mercantile structures; and cargo, hull, protection and indemnity, marine liability, inland marine, homeowners’ and dwelling fire, and other property insurance products. Its Surety segment provides commercial surety bonds for medium and large-sized businesses; small bonds for businesses and individuals; and bonds for small to medium-sized contractors. The company offers reinsurance coverages. It markets its products through branch offices, wholesale and retail brokers, carrier partners, and underwriting and independent agents. RLI Corp. was incorporated in 1965 and is headquartered in Peoria, Illinois.

Horace Mann Educators Corporation, together with its subsidiaries, operates as an insurance holding company in the United States. It operates through three segments: Property & Casualty, Life & Retirement, and Supplemental & Group Benefits segments. The Property & Casualty segment offers insurance products, including private passenger auto insurance, residential home insurance, and personal umbrella insurance; standard auto coverage including liability, collision, and comprehensive; property coverage for homeowners and renters. The Life & Retirement segment sells tax-qualified fixed, fixed indexed, and variable annuities; the Horace Mann Retirement Advantage open architecture platform and other defined contribution plans; traditional term, whole life insurance products, and indexed universal life (IUL) products. This segment also offers Life by Design, a portfolio of individual whole life and individual term insurance products that address the financial planning needs of educators; Life Select, a combination product that mixes a base of either traditional whole life, 20-pay life, or life paid-up at age 65 with a variety of term riders; single premium whole life products; and cash value term. The Supplemental & Group Benefits segment offers employer-sponsored products, including accident, critical illness, limited-benefit fixed indemnity insurance, term life, and short-term and long-term disability, as well as worksite direct products, such as supplemental heart, cancer, disability, and accident coverages. The company offers individual protection and savings solutions, including auto insurance, property insurance, liability insurance, 403(b) retirement plans, mutual funds, life insurance, student loan solutions, credit monitoring, and financial wellness workshops. It distributes its products and services through agents, brokers, benefit specialists, direct and digital channels. The company was founded in 1945 and is headquartered in Springfield, Illinois.

Latest Insurance and RLI Corp., Horace Mann Educators Corporation Stock News

As of July 31, 2026, RLI Corp. had a $5.6 billion market capitalization, compared to the Insurance median of $7.1 million. RLI Corp.’s stock is down 4.3% in 2026, down 1.1% in the previous five trading days and down 7.31% in the past year.

Currently, RLI Corp.’s price-earnings ratio is 12.9. RLI Corp.’s trailing 12-month revenue is $2.0 billion with a 22.2% net profit margin. Year-over-year quarterly sales growth most recently was 15.2%. Analysts expect adjusted earnings to reach $2.844 per share for the current fiscal year. RLI Corp. currently has a 7.7% dividend yield.

As of July 31, 2026, Horace Mann Educators Corporation had a $2.1 billion market cap, putting it in the 55th percentile of all stocks. Horace Mann Educators Corporation’s stock is up 12.8% in 2026, NA 0% in the previous five trading days and up 25.81% in the past year.

Currently, Horace Mann Educators Corporation’s price-earnings ratio is 13.1. Horace Mann Educators Corporation’s trailing 12-month revenue is $1.7 billion with a 9.6% net profit margin. Year-over-year quarterly sales growth most recently was 3.1%. Analysts expect adjusted earnings to reach $4.530 per share for the current fiscal year. Horace Mann Educators Corporation currently has a 2.8% dividend yield.

How We Compare RLI Corp. and Horace Mann Educators Corporation Stock Grades

Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, make sense of financial ratios, read income statements and analyze recent stock movements. AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way suitable for investors of all knowledge levels, to help investors streamline and work through such data.

AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A‐F grades for each of five key investing factors: value, growth, momentum, earnings estimate revisions and quality. Here, we’ll take a closer look at RLI Corp. and Horace Mann Educators Corporation’s stock grades to see how they measure up against one another.

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RLI Corp. and Horace Mann Educators Corporation’s Quality Grades

Company	Ticker	Quality
RLI Corp.	RLI	B
Horace Mann Educators Corporation	HMN	C

Like the Value Grade, AAII’s A+ Investor Quality Grade comes from the percentile rank of key metrics. Specifically, the Quality Score is the percentile rank of the average of the percentile ranks of return on assets (ROA), return on invested capital (ROIC), gross profit relative to assets, buyback yield, change in total liabilities to assets, accruals, Z double prime bankruptcy risk (Z) score and the F-Score.

The score is variable, meaning it can consider all eight measures or, should any of the eight measures not be valid, the remaining measures that are valid. To be assigned a Quality Score, stocks must have a valid (non-null) measure and corresponding ranking for at least four of the eight quality measures.

The Quality Score is used to assess the underlying “quality” of a particular stock. A higher-quality stock possesses traits associated with upside potential and reduced downside risk. Backtesting of the Quality Grade shows that stocks with higher grades, on average, outperformed stocks with lower grades over the period of 1998 through 2019.

Stocks receive better grades (higher scores) for having higher scores for the quality subcomponents and worse grades (lower scores) for lower scores for the subcomponents.

RLI Corp. has a Quality Score of 72, which is Strong. Horace Mann Educators Corporation has a Quality Score of 53, which is Average.

The Quality Grade Winner: RLI Corp.

As you can clearly see from the Quality Grade breakdown above, RLI Corp. has a better overall quality grade than Horace Mann Educators Corporation. For investors who are looking for companies with higher quality than others in the same industry, RLI Corp. could be a good stock to add to their portfolios. However, it’s important for investors to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

RLI Corp. and Horace Mann Educators Corporation’s Momentum Grades

Company	Ticker	Momentum
RLI Corp.	RLI	C
Horace Mann Educators Corporation	HMN	B

Momentum grades help to uncover stocks experiencing anomalously high rates of return; research finds that stocks with high relative levels of momentum tend to outperform, whereas those with low levels of momentum tend to continue underperforming. Momentum is based on the price change of a stock over a specified period relative to all other stocks.

Typically, AAII looks at the weighted relative strength over the trailing four quarters. The weighted four-quarter relative strength rank is the relative price change for each of the past four quarters. The most recent quarterly price change is given a weight of 40% and each of the three previous quarters are given a weighting of 20%.

RLI Corp. has a Momentum Score of 49, which is Average. Horace Mann Educators Corporation has a Momentum Score of 63, which is Strong.

The Momentum Grade Winner: Horace Mann Educators Corporation

As you can clearly see from the Momentum Grade breakdown above, Horace Mann Educators Corporation is considered to have stronger momentum compared to RLI Corp.. For those specifically looking for companies that have stronger momentum compared to other companies in the same industry, Horace Mann Educators Corporation could be a good stock to invest in. However, it’s important for investors to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

RLI Corp. and Horace Mann Educators Corporation’s Estimate Revisions Grades

Company	Ticker	Earnings Estimate
RLI Corp.	RLI	B
Horace Mann Educators Corporation	HMN	C

Earnings estimate revisions scores consider the magnitude of a company’s earnings surprise in its last two reported fiscal quarters. Often, positive surprises beget further positive surprises‐or at least continued sales growth (the exact opposite is generally true, too).

Estimate revisions offer an indication of what analysts are thinking about the short-term prospects of a firm. Estimate revisions are based on the statistical significance of a firm’s last two quarterly earnings surprises and the percentage change in its consensus estimate for the current fiscal year over the past month and past three months.

RLI Corp. has a Earnings Estimate Score of 65, which is Positive. Horace Mann Educators Corporation has a Earnings Estimate Score of 57, which is Neutral.

The Earnings Estimate Revisions Grade Winner: RLI Corp.

As you can clearly see from the Earnings Estimate Revisions Grade breakdown above, RLI Corp. has a better Earnings Estimate Revisions Grade than Horace Mann Educators Corporation. For those who are specifically looking for companies with better short-term prospects when compared to other companies in the same industry, RLI Corp. could be a good stock to invest in. However, it’s important to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

Other RLI Corp. and Horace Mann Educators Corporation Grades

In addition to Estimate Revisions, Quality and Momentum, A+ Investor also provides grades for Value and Growth.

Growth investing builds on the idea that stocks of companies exhibiting strong, consistent and prolonged growth outperform those of slower-growth companies. AAII measures growth through consistency of annual sales growth, five-year sales growth rankings adjusted for extreme levels, and consistency of positive annual cash from operations.

Successful stock investing involves buying low and selling high, so stock valuation is an important consideration for stock selection. Buying stocks that are going to go up typically means buying stocks that are undervalued in the first place, although momentum investors may argue that point.

These 2 key factors, when combined with the above, provide a holistic view into a particular stock. Further, by joining A+ Investor you can see whether RLI Corp. and Horace Mann Educators Corporation pass any of our 60+ stock screens that have outperformed the market since their creation.

So, Which Is the Better Investment, RLI Corp. or Horace Mann Educators Corporation Stock?

Overall, RLI Corp. stock has a Momentum Score of 49, Estimate Revisions Score of 65 and Quality Score of 72.

Horace Mann Educators Corporation stock has a Momentum Score of 63, Estimate Revisions Score of 57 and Quality Score of 53.

Comparing RLI Corp. and Horace Mann Educators Corporation’s grades, scores and metrics can act as a solid basis to determine whether they may be a good investment or not. You’ll also want to look at your portfolio’s asset allocation as well as your risk tolerance and financial goals to see if either of these stocks would make a good fit for you. AAII can help you figure out which investments align with your individual needs and preferences.

Investors are encouraged to do their own due diligence and research. In this way, individuals can effectively become managers of their own assets‐without having to rely on others for financial independence. You can count on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis.

A+ Investor adds to our qualitative teaching with a powerful data suite to help you whittle down investment choices to find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs.

AAII Disclaimer

We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown, because past, hypothetical or simulated performance is not necessarily indicative of future results. Before making an investment decision, you should consider your circumstances and whether the information on our content is applicable to your situation. This information was prepared in good faith, and we accept no liability for any errors or omissions. The full disclaimer can be read here.