The Allstate Corporation (NYSE: ALL) has completed the sale of its Group Health business to Nationwide for $1.25 billion. “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 Corporation. “Selling the Group Health and Employer Voluntary Benefits businesses for a combined $3.25 billion demonstrates the strength of these businesses and Allstate’s strategic approach to capital management.”
Read the full article: Allstate Completes Sale of Group Health Business //
Source: https://www.businesswire.com/news/home/20250701040710/en/Allstate-Completes-Sale-of-Group-Health-Business