This web site needs javascript enabled to work properly. Please enable it to use the full functionality of the web site. Thank You!

Best's News

Best’s News & Research Service subscription required - January 30, 2025 05:51 PM (EST)

Allstate to Sell Group Health Business to Nationwide in $1.25 Billion Deal

Allstate Corp. agreed to sell its group health business to Nationwide Mutual Insurance Co. for $1.25 million in cash. The deal is expected to close in the second half of this year. . . .

-- This content requires a subscription --

Already a Subscriber?

Log in Register your purchase

Not a Subscriber?

Best's News & Research Service

A subscription includes:

BestDay
Best's News
Best's Review
Best's Research
Best's Special Reports & Commentaries
Best's Rankings
and more...

Receive emails featuring AM Best's news and research
Opt-in

Group Health Insurance Health Insurance Mergers And Acquisitions Health Insurers

Reprints & Redistribution

Latest News

CAPTIVE INSURANCE
AM Best Mulls Changes to How It Rates Captives, Seeks Industry Input
Jan 31, 2025 11:41 AM (EST)

RESERVES
After Court Ruling, IAG Releases $124.3 Million in COVID-19 Reserves
Jan 31, 2025 11:21 AM (EST)

EARNINGS
Aon Posts Fourth-Quarter Income Hike on Widespread Revenue Rise
Jan 31, 2025 11:11 AM (EST)

AM BEST BRIEFINGS
Best's Briefing: Jan. 1 Renewals Show Moderating Trend Despite Catastrophes
Jan 31, 2025 10:11 AM (EST)

BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of El Aguila, Compañia de Seguros, S.A. de C.V.
Jan 31, 2025 10:07 AM (EST)

More from Best’s News

Trending

1

BEST'S CREDIT RATING ACTION
AM Best Upgrades Credit Ratings of Peace Hills General Insurance Company
Nov 12, 2024 11:00 AM (EST)

2

EARNINGS
Chubb CEO: Wildfires Expose California's Unsustainable Risk Approach
Jan 29, 2025 12:32 PM (EST)

3

MERGERS AND ACQUISITIONS
Allstate to Sell Group Health Business to Nationwide in $1.25 Billion Deal
Jan 30, 2025 05:51 PM (EST)

4

GEORGIA
Georgia Releases Details on Sweeping Tort Reform Legislative Package
Jan 30, 2025 03:48 PM (EST)

5

COVID-19 (CORONAVIRUS)
Texas Court Overturns Baylor’s $12 Million COVID Business Interruption Verdict
Jan 29, 2025 02:56 PM (EST)

1

BEST'S CREDIT RATING ACTION
AM Best Upgrades Credit Ratings of Peace Hills General Insurance Company
Nov 12, 2024 11:00 AM (EST)

2

FEDERAL INSURANCE OFFICE
House Sees Bill to Dissolve Federal Insurance Office
Jan 24, 2025 03:50 PM (EST)

3

CALIFORNIA
California Wildfire Startup MGA Looks to Increase Capacity Through Risk Mitigation
Jan 24, 2025 12:17 PM (EST)

4

PEOPLE IN INSURANCE
Nationwide Financial President & COO to Retire at End of 2025
Jan 24, 2025 04:41 PM (EST)

5

CALIFORNIA
State Farm: California Fires Brought Nearly Half a Billion Dollars in Payouts, Over 10,000 Claims
Jan 27, 2025 03:30 PM (EST)

1

BEST'S CREDIT RATING ACTION
AM Best Upgrades Credit Ratings of Peace Hills General Insurance Company
Nov 12, 2024 11:00 AM (EST)

2

MODEL LAWS
Home Hardening Programs, Litigation Funding Transparency Among NCOIL’s New Model Laws
Jan 15, 2025 04:46 PM (EST)

3

CALIFORNIA
State Farm Incurs 6,700 Fire Claims in LA County With More Than 1.13 Million Policies
Jan 14, 2025 04:08 PM (EST)

4

CALIFORNIA
California FAIR Plan: Thousands of Policies in Fire-Razed Los Angeles, $377 Million Cash for Claims
Jan 15, 2025 04:28 PM (EST)

5

RENEWAL
Brokers: Jan. 1 Renewals Herald New Phase as Rates Decline
Jan 02, 2025 02:43 PM (EST)

1

MARYLAND
Industry Groups Oppose Maryland’s Proposal on Telematics-Related Notifications
Nov 20, 2024 04:45 PM (EST)

2

BEST'S CREDIT RATING ACTION
AM Best Upgrades Credit Ratings of Peace Hills General Insurance Company
Nov 12, 2024 11:00 AM (EST)

3

POLITICAL CONTRIBUTIONS
Tax Reforms, ‘Open-Minded’ Candidates Driving Industry PAC Contributions, Trade Groups Say
Oct 24, 2024 03:01 PM (EDT)

4

HURRICANES
Hurricane Milton Likely a Manageable Retention Event in Florida, Industry Watchers Say
Oct 10, 2024 04:38 PM (EDT)

5

BEST'S REVIEW
Best's Review Examines U.S. Private Passenger Auto Insurers That Bucked Broader Industry Trends
Oct 10, 2024 01:40 PM (EDT)

AM Best TV

Related Companies

AMB#	Company Name
002358	Nationwide Mutual Insurance Company
058312	The Allstate Corporation

PEOPLE IN INSURANCE
Nationwide Financial President & COO to Retire at End of 2025
Jan 24, 2025 04:41 PM (EST)

MARKETING
Update: State Farm Says It Will Forego Advertising During Super Bowl Amid LA Fires
Jan 17, 2025 03:36 PM (EST)

DATA ANALYTICS
Texas Suing Allstate, Arity Over Alleged Illegal Data Collection, Use
Jan 14, 2025 02:23 PM (EST)

PEOPLE IN INSURANCE
Nationwide's Head of Excess Casualty to Retire
Jan 13, 2025 04:20 PM (EST)

MUTUAL INSURERS
Nationwide President Says Targeted Non-Cat Data and Tech Can Expand Cat-Stressed Homeowners
Dec 09, 2024 04:04 PM (EST)

More Related Company News

To Submit News go to - https://www.ambest.com/bestweek/submitnews.html