The Allstate Corporation (NYSE: ALL) today completed the sale of its Group Health business to Nationwide for $1.25 billion. “The sale delivers strong shareholder value and improves growth ...

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 Corporation ALL recently closed the sale of its Group Health business to Nationwide for a total consideration of $1.25 billion. ALL initially announced its intention to divest this ...

In January 2025, Allstate inked a definitive deal to divest its Group Health business to Nationwide, which is likely to be completed by 2025 and expected to fetch cash proceeds of $1.25 billion.

Allstate ALL1.66%increase; green up pointing triangle will sell its Group Health business to Nationwide for $1.25 billion in cash. Chief Financial Officer Jess Merten said Thursday that the deal ...

Allstate (NYSE:ALL) expects catastrophe losses of $619 million or $489 million, after-tax, for the month of June. Total catastrophe losses for the second quarter of 2025 were $1.99 billion or $1.57 ...

NORTHBROOK, Ill.--(BUSINESS WIRE)-- The Allstate Corporation (ALL) today completed the sale of its Group Health business to Nationwide for $1.25 billion. “The sale delivers strong shareholder ...