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Allstate, Nationwide and stop-loss
Columbus-based Nationwide buying Allstate's stop-loss insurance segment for $1.25 billion
Stop-loss insurance serves as a financial safeguard for companies against large medical expenses incurred by an employee in any given year. Nationwide is a diversified insurance and financial services firm that provides a range of products,
Nationwide to Acquire Allstate's Stop-Loss Insurance Business in $1.25 Billion Deal
(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 $1.25 billion deal, as it seeks to expand its stop-loss insurance offering. The transaction is expected to close in the second half of 2025, Nationwide said in a statement.
Allstate sells its Group Health business to Nationwide for $1.25bn
US primary insurer, The Allstate Corporation, has entered into a definitive agreement to sell its Group Health business to Nationwide for $1.25 billion in
Allstate to buy select Nationwide Life Insurance assets for $1.25B
On January 30, 2025, The Allstate Corporation entered into a definitive Equity Purchase Agreement with Nationwide Life Insurance Company, an Ohio corporation,
Nationwide to buy Allstate's stop loss segment for $1.25 billion
COLUMBUS, Ohio - Nationwide, a major player in the U.S. insurance and financial services sector, has announced the acquisition of The Allstate Corporation (NYSE:ALL)'s employer stop loss insurance segment for $1.
16h
on MSN
Allstate to Sell Group Health Business to Nationwide for $1.25 Billion Cash
Chief Financial Officer Jess Merten said that the deal will generate a financial book gain of about $450 million and increase ...
5d
on MSN
Allstate sued for allegedly tracking and selling 45M Americans' location data
Many apps unrelated to location still ask users for tracking permission, and Texas Attorney General Ken Paxton has filed a ...
14h
2025 Allstate HBCU Legacy Bowl: Two New Head Coaches Are Joining The All-Star Game
The Black College Football Hall of Fame (BCFHOF) has announced the head coaches for the 2025 Allstate HBCU Legacy Bowl will ...
1d
Lawsuit accuses Amazon of secretly tracking consumers through cellphones
Individuals and regulators are increasingly complaining that companies are trying to profit from information gathered without ...
3d
Allstate Defeats Lawsuit Over 401(k) Plan's Northern Trust Funds
Allstate Corp. workers challenging the Northern Trust target date funds in their 401(k) plan failed to show that these funds ...
9d
on MSN
Allstate to raise Illinois homeowners insurance rates by 14.3%
In its filing, Northbrook-based Allstate said nearly 248,000 customers in Illinois will be affected by the 14.3% homeowners ...
Zacks.com on MSN
22h
Allstate Q4 Earnings Countdown: How to Play ALL Stock Ahead of Results
Property and casualty insurance provider The Allstate Corporation ALL is set to report its fourth-quarter 2024 results on Feb. 5, 2025, after the closing bell. The Zacks Consensus Estimate for the ...
8d
Allstate Hit With Suit Over Sale of 45 Million Drivers' Data (1)
Allstate Corp. faces a proposed class action for allegedly violating California and federal wiretapping and privacy laws with ...
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