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Allstate to Sell Group Health Business to Nationwide

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

The transaction is expected to close in the second half of 2025, Nationwide said in a statement. Ohio-based Nationwide is a diversified insurance and financial services firm that provides a range of products,

The Wall Street Journal on MSN · 2h

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 deployable capital by $900 million.

Hosted on MSN · 2h

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,

Business Insider · 3h

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,

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 ...

5don 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 ...

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 ...

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 ...

HBCU Legacy Bowl announces head coaches for 2025 game

Players from the CIAA and the MEAC will make up TEAM GAITHER. The team is named after legendary Florida A&M University ...

8don 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 ...

WAAY-TV5h

Alabama A&M's Shade selected as head coach at HBCU Legacy Bowl

NEW ORLEANS | Alabama A&M University head football coach Sam Shade was selected on Thursday to be represent Team Robinson as ...

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 ...

Zacks.com on MSN9h

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 ...

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Allstate to Sell Group Health Business to Nationwide

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