
“Streamlining Operations: ALL to Sell Group Health Unit and Refocus on Core Business – A Strategic Move for Growth and Success”
Allstate to Sell Group Health Business to Nationwide Boosting Capital Despite Impact on ROE Recently, Allstate made headlines with its decision to divest its Group Health business to Nationwide for a whopping $1.25 billion. This strategic move is expected to not only boost Allstate’s deployable capital by $0.9 billion, but also have an adverse impact…