Nationwide’s $1.25 Billion Deal to Acquire Allstate’s Stop-Loss Segment Nationwide, a Columbus-based insurance company, has announced its plan to acquire the employer stop-loss segment of Allstate Corporation for a staggering $1.25 billion. The deal is set to finalize in the second half of 2025, marking a significant move for both companies. But what exactly does this mean, and why does it matter? Let’s break it down. What Is Stop-Loss Insurance? First, let’s cover the basics. Stop-loss insurance is a type of coverage designed to protect companies that fund their employees’…
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FSL Makes List of Top Performers for 7th Time
Fidelity Security Life Insurance Company (FSL) has been named to the 2019 list of Top 50 life-health insurance companies selected for “outstanding financial results in areas of safety, consistency and performance over a five-year period.” The list, known as the Ward’s 50, was released by Aon plc, a leading global professional services firm that operates the Ward’s 50 benchmark group. The group analyzes more than 700 U.S.-based life-health insurers. To make the list, each company must pass minimum thresholds for safety and consistency as well as excel in financial performance…
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