Allstate’s $2bn deal: What the sale of its employer benefits business means for you
The Allstate Corporation (NYSE: ALL) has finalised a landmark deal to divest its Employer Voluntary Benefits business to StanCorp Financial Group, Inc., also known as The Standard, for $2 billion. This transaction marks a pivotal step in Allstate’s strategy to optimise its Health & Benefits operations, which include Employer Voluntary Benefits, Individual Health, and Group […]