Allstate to buy select Nationwide Life Insurance assets 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, ...
Reuters12d
Nationwide to acquire Allstate's stop-loss insurance business in $1.25 billion deal
The transaction is expected to close in the second half of 2025, Nationwide said in a statement. Stop-loss insurance serves as a financial safeguard for companies against large medical expenses ...