Allstate (NYSE:ALL) completed the sale of its Group Health business to Nationwide for $1.25B, a deal that's expected to book a gain of ~$500M, the company said on Tuesday. In January, when the ...

NORTHBROOK, Ill., July 01, 2025--The Allstate Corporation (NYSE: ALL) today completed the sale of its Group Health business to Nationwide for $1.25 billion.

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 ...

NORTHBROOK, Ill., January 30, 2025--The Allstate Corporation (NYSE: ALL) announced a definitive agreement to sell its Group Health business to Nationwide for $1.25 billion in cash, adjusted for ...

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 ...

"The sale delivers strong shareholder value and improves growth opportunities for Group Health by joining Nationwide’s stop-loss insurance business," said Tom Wilson, Chair, President and CEO of The ...

Allstate ALL 1.66% will sell its Group Health business to Nationwide for $1.25 billion in cash. Chief Financial Officer Jess Merten said Thursday that the deal—expected to close sometime this ...

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 ...

The Allstate Corporation ALL recently closed the divestiture of its Employer Voluntary Benefits business to StanCorp Financial Group, Inc. (The Standard). Plans to sell this business were disclosed by ...

The combined transaction proceeds fetched by Allstate out of Employer Voluntary Benefits and Group Health divestitures are expected to be $3.25 billion in 2025.

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 follows Allstate's $2 billion sale of its employer voluntary benefits business as the insurance giant tries to focus more on its core products.