IHC Announces Completion of the Sale of Madison National Life Insurance Company, Inc.

STAMFORD, Conn., Jan. 03, 2022 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) today announced the completion of the sale of its subsidiary Madison National Life Insurance Company, Inc. (“Madison National Life”) to Horace Mann Educators Corporation (“Horace Mann”). All conditions to the consummation of the sale were satisfied and the transaction closed effective January 1, 2022.

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