Allstate, Nationwide and stop-loss

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.
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 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 line from one of its rivals.
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 release. The acquisition will likely close in the second half of the year.
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.
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.
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
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.
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 ...
Piper Sandler Sticks to Its Buy Rating for Allstate (ALL)
In a report released today, Paul Newsome from Piper Sandler maintained a Buy rating on Allstate (ALL – Research Report), with a price target of ...
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 ...
Financial Services Roundup: Market Talk
Find insight on Allstate, Bajaj Finance, CIMB and more in the latest Market Talks covering Financial Services.
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 ...
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 ...
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 ...