Nationwide to acquire Allstate’s employer stop loss segment for $1.25bn
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Nationwide to acquire Allstate’s employer stop loss segment for $1.25bn

The move will expand Nationwide’s stop loss insurance sales to SMEs.

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Nationwide has entered into a definitive agreement to purchase Allstate’s employer stop loss segment for $1.25bn.

Nationwide said in a statement that the acquisition will further strengthen and diversify its portfolio and expand the company's ability to sell stop loss...

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