Allstate sold its entire group medical stop-loss book of business and Nationwide completed the acquisition of Direct General.
2 reports, 1 independent
Updated Jul 24
Gone quiet
- Reports
- 2
- Developments
- 2
- Repetition
- 50%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Allstate sold its entire group medical stop-loss book of business and Nationwide completed the acquisition of Direct General.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Nationwide purchased Allstate's stop-loss arm, while Allstate divested voluntary benefits to StanCorp Financial Group.Sub-event
Allstate sold a book of business and Nationwide acquired Direct General.1 source
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The entities involved
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Allstate
American insurance company
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Nationwide Mutual Insurance Company
group of large insurance and financial services companies in the United States
Nothing else this week.
Coverage
Newest first; wire copies grouped- Business WireAM Best Removes From Under Review With Developing Implications and Affirms Credit Ratings of Direct General Life Insurance Company OLDWICK, N.J., July 24, 2025--(BUSINESS WIRE)--AM Best has removed f
- Unknown outlet