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., 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 ...

The Allstate Corporation (NYSE: ALL) today completed the sale of its Employer Voluntary Benefits business to StanCorp Financial Group, Inc., (The Standard) for $2.0 billion. “The sale of the ...

CEO Tom Wilson highlighted that Allstate's Q4 revenues reached $ ... The company announced the sale of its Group Health and ...

The Employer Voluntary Benefits business divestment closed on April 1. Allstate exited the first ... performance in Wealth Solutions and NFP acquisition synergies. Willis Towers Watson Public ...

Closing the sale of the Employer Voluntary Benefits business on April 1 for $2.0 billion further strengthens capital. Allstate has the capabilities, brand, distribution and resources to increase ...

Given that Allstate has been pushing its business toward P&C in recent years, and has concluded at the beginning of last April the sale of its employee voluntary benefits business for $2 billion ...