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0 0.00814613675635648 0.00814613675635648 0.00903480622068617 0.00809676623056029 0.00809676623056029 0.0218711429276722 0.0161194766724265
Stock impact report

Blue Cross Life Insurance Company of Canada to Acquire The Standard's Canadian Voluntary Benefits Business [Yahoo! Finance]

Allstate Corporation (The) (ALL) 
Last allstate corporation (the) earnings: 2/4 06:08 pm Check Earnings Report
US:NYSE Investor Relations: allstateinvestors.com
Company Research Source: Yahoo! Finance
MONCTON, NB March 19, 2026 /CNW/ - Blue Cross Life Insurance Company of Canada ("Blue Cross Life") announced today that it has entered into a definitive agreement to acquire the Canadian voluntary benefits business of StanCorp Financial Group, Inc. ("The Standard") (the "Transaction"). The Standard acquired this Canadian block of business from Allstate Corporation in 2025 as part of its broader acquisition of the Allstate voluntary benefits business. The Canadian voluntary benefits business continues to be marketed under the Allstate brand. Since 2015, the business has provided critical illness insurance and accident insurance products in Canada and currently covers approximately 170,000 employees and their families. Blue Cross Life Insurance Company of Canada (CNW Group/Blue Cross Life Insurance) The Transaction, which is expected to close later in 2026, will strengthen Blue Cross Life's presence in the voluntary benefits market through the addition of a well-established Canadia Show less Read more
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