Allstate, Nationwide and stop-loss

Nationwide to acquire Allstate's stop-loss insurance business in $1.25 billion deal
(This Jan. 30 story has been corrected to fix John Carter's designation to president and COO of Nationwide Financial in paragraph 5) (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.
Columbus-based Nationwide buying Allstate's stop-loss insurance segment for $1.25 billion
Stop-loss insurance serves as a financial safeguard for companies against large medical expenses incurred by an employee in any given year. Nationwide is a diversified insurance and financial services firm that provides a range of products,
Nationwide to make $1.25B acquisition of Allstate business line
More than a decade after exiting health insurance, Nationwide has agreed to acquire a fast-growing employer benefits business line from one of its rivals.
Allstate to sell Group Health business to Nationwide
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 to standard closing conditions including regulatory approvals.
Allstate to Sell Group Health Business to Nationwide for $1.25 Billion Cash
Chief Financial Officer Jess Merten said that the deal will generate a financial book gain of about $450 million and increase deployable capital by $900 million.
Allstate to sell Group Health business to Nationwide for $1.25B in cash
Corporation announced a definitive agreement to sell its Group Health business to Nationwide for $1.25B in cash, adjusted
Nationwide to Acquire Allstate Employer Stop Loss Business for $1.25 billion
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.
Nationwide to buy Allstate's stop loss segment for $1.25 billion
COLUMBUS, Ohio - Nationwide, a major player in the U.S. insurance and financial services sector, has announced the acquisition of The Allstate Corporation (NYSE:ALL)'s employer stop loss insurance segment for $1.
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Allstate to sell group health business to Nationwide for $1.25 billion
The Allstate Corporation has reached a definitive agreement to sell its group health business to Nationwide for $1.25 billion in cash, subject to adjustments based on the closing balance sheet and ...