Insurance Business - Search News

Allstate to Sell Group Health Business to Nationwide

Hosted on MSN · 4h

Nationwide to acquire Allstate's stop-loss insurance business in $1.25 billion deal

(This Jan. 30 story has been corrected to fix John Carter's designation to president and COO of Nationwide Financial in paragraph 5) (Reuters) - U.S. insurer Nationwide said on Thursday that it would acquire property and casualty insurer Allstate Corp's employer stop-loss segment in a $1.

insurancebusinessmag · 7h

Allstate to sell group health business to Nationwide for $1.25 billion

The Allstate Corporation has reached a definitive agreement to sell its group health business to Nationwide for $1.25 billion in cash, subject to adjustments based on the closing balance sheet and standard closing conditions, including regulatory approvals. The transaction is expected to close in 2025.

Business Insider · 9h

M&A News: Allstate Sells Group Health Business to Nationwide for $1.25B

U.S.-based insurer Allstate Corporation (ALL) has agreed to sell its Group Health business to its rival Nationwide for $1.25 billion in cash.

Seeking Alpha on MSN · 1d

Allstate to sell Group Health arm to Nationwide for $1.25B cash

Allstate (NYSE:ALL) said Thursday it has agreed to divest of its Group Health business to Nationwide Life Insurance Company for $1.25B in cash, adjusted for the closing balance sheet. The deal comes as Allstate (NYSE:ALL) progresses in its strategy to combine the Health & Benefits units "with companies that have greater strategic alignment,

2d

Simply Business Insurance Review 2025

Simply Business doesn’t provide business insurance — instead, it’s an insurance broker that partners with small business ...

1d

Marsh McLennan beats profit estimates on risk and insurance business strength

Insurance brokerage and consulting firm Marsh McLennan's fourth-quarter profit beat Wall Street estimates on Thursday, ...

Results that may be inaccessible to you are currently showing.

Hide inaccessible results