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 most recent trading session ended with Allstate (ALL) standing at $207.50, reflecting a +0.21% shift from the previouse trading day's closing. This move lagged the S&P 500's daily gain of 0.38%.
The agreement includes a future distribution partnership through which certain of The Standard’s products and services will be made available to Allstate customers.
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