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Best’s News & Research Service subscription required - January 27, 2021 03:37 PM (EST)

Allstate CEO: Life Business Sale Involves $3.1 Billion First-Quarter Charge

Allstate Corp.’s chief executive officer said the insurer’s $2.8 billion life insurance business sale to Blackstone entities will result in a first-quarter 2021 “financial book loss” of $3.1 . . .

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