Allstate to Sell Employer Voluntary Benefits Business to StanCorp for $2 Billion

Insurer Allstate has agreed to sell its subsidiaries that provide employer voluntary benefits to StanCorp Financial Group (The Standard) in a $2 billion cash deal, the company said in a regulatory filing on Tuesday. The deal comes at a time …

from News Archives - Insurance Journal https://ift.tt/fYXhg93