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 ...

The Allstate Corporation ALL recently closed the sale of its Group Health business to Nationwide for a total consideration of $1.25 billion.

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 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 (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., July 01, 2025--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 opportunities for Group Health by joining Nationwide’s stop-loss insurance business," said Tom Wilson, Chair, President and CEO of The ...

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.

"Group Health provides stop-loss insurance to small businesses, which will gain access to Nationwide’s complementary product offerings. When combined with the previously announced sale of Employer ...

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.

Allstate will sell its employer voluntary benefits business to StanCorp Financial Group (The Standard) for $2 billion, the company said in a press release last night.