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 ...
Digital Insurance4h
Nationwide to acquire Allstate's employer stop loss for $1.25B
Nationwide announced an agreement to acquire Allstate's employer stop loss segment for $1.25 billion, according to a press ...
Columbus-based Nationwide buying Allstate's stop-loss insurance segment for $1.25 billion
Columbus-based Nationwide seeks to expand its offerings in stop-loss insurance, a financial safeguard for companies from ...
insurancebusinessmag7h
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 ...
Nationwide to make $1.25B acquisition of Allstate business line
More than a decade after exiting health insurance, Nationwide has agreed to acquire a fast-growing employer benefits business ...
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.
Altria sees weak annual profit as vape competition heats up
Marlboro maker Altria said on Thursday its annual adjusted profit could be lower than estimated, citing rising competition ...
KBW Remains a Buy on Allstate (ALL)
KBW analyst Meyer Shields maintained a Buy rating on Allstate (ALL – Research Report) today and set a price target of $235.00. The company’s ...
Nationwide agrees to buy Allstate’s stop loss unit for $1.25bn
The move is expected to bolster Nationwide Financial's product offerings, particularly targeting small businesses with stop ...
captiveinsurancetimes12h
Allstate to sell group health business to Nationwide for US$1.25bn
Allstate's group health business provides stop-loss insurance to small businesses, which will gain access to Nationwide's complementary product offerings ...
Nationwide to Acquire Allstate Employer Stop Loss Business for $1.25 billion
The acquisition will strengthen and diversify Nationwide's portfolio, meeting more of the financial services needs of small businesses COLUMBUS, Ohio, Jan. 30, 2025 ...
reinsurancene12h
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 ...