Allstate to Sell Employer Voluntary Benefits Business to StanCorp for $2 Billion - Health Insurance Plans

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Wednesday, 14 August 2024

Allstate to Sell Employer Voluntary Benefits Business to StanCorp for $2 Billion

Insurer Allstate has agreed to sell its subsidiaries that provide employer voluntary benefits to StanCorp Financial Group (The Standard) in a $2 billion cash deal, the company said in a regulatory filing on Tuesday. The deal comes at a time …


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