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Nationwide CFO Tim Frommeyer explains the get-big-or-get-out strategy behind the $1.25B acquisition of an Allstate niche ...
Allstate expects to generate $3.25 billion in 2025 through this and its previously announced sale of its group health business. The voluntary benefits transaction produced a finan ...
The Standard completes the acquisition of Allstate's employer voluntary benefits business for $2 billion, plus more insurtech ...
The acquisition includes American Heritage Life Insurance Company, which will eventually operate under The Standard brand.
PORTLAND, Ore., April 01, 2025--(BUSINESS WIRE)--StanCorp Financial Group, Inc. (The Standard) today announced the closing of the acquisition of Allstate’s Employer Voluntary Benefits business ...
StanCorp Financial Group, Inc. (The Standard) today announced the closing of the acquisition of Allstate’s Employer Voluntary Benefits business in accordance with the terms of the agreement ...
StanCorp Financial Group announced the closing of the acquisition of Allstate’s (ALL) Employer Voluntary Benefits business in accordance with the terms of the agreement reported on Aug. 13 ...
PORTLAND, Ore., April 01, 2025--(BUSINESS WIRE)--StanCorp Financial Group, Inc. (The Standard) today announced the closing of the acquisition of Allstate’s Employer Voluntary Benefits business in ...
Allstate's financials are robust ... Indeed, it acquired the Group Health business in 2021 as part of the $4.0 bn acquisition of National General. According to the CFO Jess Merten, the sale ...