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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.
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 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.
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 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,
22h
More Than 16,000 Pounds of This Pantry Staple Is Being Recalled Nationwide—Here's What You Need to Know
Should you happen to have packages of La Fiesta’s seasoned or unseasoned breadcrumbs in your possession, it is important to ...
Crooks and Liars
19h
Welp, Here Comes The Nationwide Abortion Ban
Ogles’ proposed nationwide abortion-pill ban is a reversal of a position he took in 2022, when the Supreme Court overturned ...
2d
on MSN
Bread Crumb Recall Sparks Nationwide Warning
The FDA warned that people who have an allergy or severe sensitivity to sesame and then eat the recalled bread crumbs run the ...
wmar2news
17h
Rachel Morin's alleged killer argues being subjected to "nationwide public hatred and vilification"
A judge will consider what evidence can be used at trial against her alleged killer Victor Antonio Martinez-Hernandez.
2d
Nationwide crackdown on illegal immigrants latest
The Department of Homeland Security says more than 7,000 migrants with a criminal history have been arrested in President ...
2d
Arizona's reading scores fall in nationwide assessment
Students’ reading scores fell in Arizona, in line with a national trend, while the state’s math scores held steady, according ...
1d
Nigeria union rejects telecom tariff hike, plans nationwide protest
Nigeria's main labour union has rejected a government-approved 50% hike in telecommunications tariffs and announced plans for ...
3h
on MSN
Nationwide to pay bonuses to customers worth up to £900
Savers who put in the maximum £20,000 into the ISA on day one will earn £900 in interest one year on, the Mirror reports. If ...
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