Allstate to sell its employer voluntary benefits business to StanCorp for $2 bln-December 2024-www.financetom.com

Allstate to sell its employer voluntary benefits business to StanCorp for $2 bln

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Allstate to sell its employer voluntary benefits business to StanCorp for $2 bln

Aug 13, 2024 2:59 PM

Aug 13 (Reuters) - Insurer Allstate has agreed

to sell its employer voluntary benefits business to StanCorp

Financial Group (The Standard) in a $2 billion cash deal, the

company said in a regulatory filing on Tuesday.

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