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Nationwide to buy Allstate's stop loss segment for $1.25 billionCOLUMBUS, 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 ...
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Nationwide agrees to buy Allstate’s stop loss unit for $1.25bnUS insurer Nationwide has agreed to acquire the employer stop loss insurance unit Group Health from Allstate for $1.25bn in cash. Nationwide said this acquisition will enhance and broaden ...
REUTERS — Columbus-based 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 ...
Nationwide has agreed to acquire a fast-growing employer benefits business line from one of its rivals for $1.25 billion. Nationwide has agreed to acquire a fast-growing employer benefits business ...
"Acquiring Allstate's employer stop-loss segment will broaden Nationwide Financial's portfolio, meeting the needs of small businesses, allowing us to serve more customers," said John Carter ...
US insurer Allstate has disclosed today that it expects $1.4 billion of reinsurance recoveries will be made from its program ...
Insurance giant Allstate is selling its group health business to rival Nationwide for $1.25 billion in cash as part of its plan to focus on its core products such as property and casualty insurance.
The Allstate (ALL) Corporation announced a definitive agreement to sell its Group Health business to Nationwide for $1.25B in cash, adjusted for the closing balance sheet, and subject to standard ...
Allstate Corp. said it expects about $1.1 billion of losses from the wildfires that ravaged swaths of Los Angeles last month. The anticipated cost partly reflects the Northbrook-based insurer's ...
U.S. primary insurer Allstate has estimated catastrophe losses for the month of January at $1.08 billion, or $849 million ...
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