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Allstate, Nationwide and stop-loss
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 large medical expenses
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 to sell Group Health business to Nationwide
The Allstate Corporation (NYSE: ALL) announced a definitive agreement to sell its Group Health business to Nationwide for $1.25 billion in cash, adjusted for the closing balance sheet, and subject to standard closing conditions including regulatory approvals.
Allstate to sell Group Health unit to Nationwide Life Insurance 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, under which the Buyer has agreed to acquire all of the shares of the capital stock of the Registrant’s wholly owned indirect subsidiaries,
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.
Nationwide to Acquire Allstate Employer Stop Loss Business for $1.25 billion
Nationwide, one of the largest providers of insurance and financial services products in the U.S., announced today that it has entered into a definitive agreement to purchase The Allstate Corporation's (NYSE: ALL) employer stop loss segment for $1.
Allstate to sell Group Health business to Nationwide for $1.25B in cash
Corporation announced a definitive agreement to sell its Group Health business to Nationwide for $1.25B in cash, adjusted
9h
on MSN
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 ...
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 ...
MarketWatch
18d
Best Gap Insurance
The best gap insurance companies are Travelers,
Allstate
,
Nationwide
, Liberty Mutual and The Hartford. While gap insurance can be helpful for your peace of mind, it’s another added expense to ...
8d
on MSN
Climate change, extreme weather are driving up homeowners' insurance rates in Chicago and beyond
Insurance experts and watchdogs said the industry was among the first to take notice of climate change — and the rate ...
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