NU Online News Service, Oct. 8, 1:43 p.m. EDT

Standard & Poor's Rating Services said it expects no impact on the ratings of Horace Mann Educators Corp. after its chief executive resigned after one month into his 60-day sentence for a drunk driving charge.

S&P said the new chief executive and chief financial officer of Horace Mann Educators Corp. will provide appropriate leadership following the resignation of president and chief executive officer Louis Lower.

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