StanCorp Financial Group, Inc. (The Standard) completed its $2 billion acquisition of Allstate ’s employer voluntary benefits ...

US primary insurer Allstate has closed the previously announced sale of its Employer Voluntary Benefits business to StanCorp ...

The acquisition includes American Heritage Life Insurance Company, which will eventually operate under The Standard brand.

The agreement includes a future distribution partnership through which certain of The Standard’s products and services will be made available to Allstate customers.

Allstate (ALL) announced it has completed the sale of its Employer Voluntary Benefits business to StanCorp Financial for $2.0B. “The sale of ...

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