23 hours ago · Columbus, OH – Nationwide, one of the largest providers of insurance and financial services products in the U.S., announced today that it has entered into a definitive agreement to purchase The Allstate Corporation’s (NYSE: ALL) employer stop loss segment for $1.25 billion. The transaction is expected to close in the second half of 2025, subject to customary closing conditions.

23 hours ago · Nationwide, one of the largest providers of insurance and financial services products in the U.S., announced today that it has entered into a definitive agreement to purchase The Allstate ...

23 hours ago · "Acquiring Allstate's employer stop loss segment will broaden Nationwide Financial's portfolio, meeting the needs of small businesses, allowing us to serve more customers and positioning us as a ...

6 hours ago · Nationwide had record revenue of $60.3 billion in 2023, the most recent report available, two-thirds of that in financial services. Allstate's 2023 revenue was $57.1 billion.

20 hours ago · REUTERS — Columbus-based insurer Nationwide said on Thursday that it would acquire property and casualty insurer Allstate Corp.'s employer stop-loss segment in a $1.25 billion deal, as it seeks ...

(Reuters) - U.S. insurer Nationwide said on Thursday that it would acquire property and casualty insurer Allstate Corp's employer stop-loss segment in a $1.25 billion deal, as it seeks to expand ...

4 hours ago · Nationwide announced an agreement to acquire Allstate's employer stop loss segment for $1.25 billion, according to a press release. The acquisition will likely close in the second half of the year. Nationwide CEO Kirt Walker, said in a statement: "As Nationwide continues to focus on our mission to ...

10 hours ago · The acquisition will lay the groundwork for future growth in employer benefits, Nationwide added. Nationwide Financial president and chief operating officer John Carter said: “Acquiring Allstate’s employer stop loss segment will broaden Nationwide Financial’s portfolio, meeting the needs of small businesses, allowing us to serve more customers and positioning us as a leading provider in ...

23 hours ago · The acquisition will strengthen and diversify Nationwide's portfolio, meeting more of the financial services needs of small businesses. COLUMBUS, Ohio, Jan. 30, 2025 /PRNewswire/ -- Nationwide, one of the largest providers of insurance and financial services products in the U.S., announced today that it has entered into a definitive agreement to purchase The Allstate Corporation's (NYSE: ALL ...

1 day ago · 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 the closing balance sheet, and subject ...