StanCorp Financial Group (The Standard) has completed the acquisition of Allstate's employer voluntary benefits business in a transaction valued at approximately $2bn. The deal, initially ...

PORTLAND, Ore.--(BUSINESS WIRE)-- StanCorp Financial Group, Inc. (The Standard) and The Allstate Corporation (ALL) announced earlier today a definitive agreement under which The Standard will ...

PORTLAND, Ore., April 01, 2025--StanCorp Financial Group, Inc. (The Standard) today announced the closing of the acquisition of Allstate’s Employer Voluntary Benefits business in accordance with ...

Additionally, Allstate faces a lawsuit filed by New York Attorney General Letitia James, concerning data breaches in 2020 and 2021 that exposed the driver’s license numbers of over 165,000 New ...

Until all standard closing conditions are met, including regulatory approvals, the health business will still be under Allstate and will continue weighing in on its balance sheet. There is also ...