Allstate Divests Employer Voluntary Benefits Business for $2 Billion: Impact on Investors and Policyholders In a strategic move that sent ripples through the insurance sector, Allstate has sold its Employer Voluntary Benefits business to StanCorp Financial Group, known as The Standard, for $2 billion. This transaction marks the beginning of Allstate’s plan to divest its Allstate Health & Benefits units, including Employee Voluntary Benefits, Individual Health, and Group Health, in a bid to unlock their growth potential by merging them with companies having complementary strengths. The announcement has been met…
Read MoreTag: Accident Insurance
Pattern Insurance and Upper Hand launch partnership to provide parents with access to accident and registration insurance
Pattern Insurance and Upper Hand have launched a new partnership to give parents and athletes effortless access to accident and registration insurance. Pattern Insurance and Upper Hand announce a new partnership which provides parents and athletes effortless access to accident and registration cancellation insurance, designed to protect children while participating in sports activities, using Upper Hand’s booking platform. The partnership sees Pattern and Upper Hand leading the industry, offering protections to end-customers during the registration process. The offering not only provides peace of mind for parents when signing their child…
Read MoreThe benefits of securing holiday travel insurance early
Even the most seasoned traveler will tell you that it’s always best to plan your trips ahead of time. Not only do you get ahead of all the stress and chaos that comes with holiday planning during the holiday season, but you also get impressive discounts at some of your favorite places. That’s why it’s best to plan your end-of-year holidays earlier in the year. The same mindset should be practiced with your travel insurance. Most people think they can hold off getting travel insurance, which can lead to a…
Read MoreWhat Auto Insurance Coverage Do You Need for Your Small Business?
If you are a small business owner and you use vehicles for company purposes, then you need car insurance coverage for company cars. For companies that own cars, vans, or trucks, protecting these vehicles needs to be a priority because accidents can happen when you least expect them. Business car insurance will provide coverage for legal expenses, medical costs, and any property damage incurred. Should one of your company vehicles be involved in an accident, and you do not have business car insurance, you and your company may face any…
Read MoreHow To File A Personal Injury Claim
Personal injury law, which attorneys refer to as tort law, allows you to make a claim for compensation when injured in an accident caused by the negligent, careless, reckless, or intentional conduct of another party. State laws control the process for filing a personal injury claim, including setting limits on how long you have from the date of an accident to assert the claim or lose the right to recover damages. You generally must follow the law of the state in which an accident occurred, so the smart thing is…
Read More