Allstate (ALL) on Track to Shed Its Life and Annuity Business - NewsBreak
By Vivian in Business
Updated 3 years ago
ALL - Free Report) has inched a step closer in the process to sell its Allstate Life Insurance Company of New York (ALNY) to Wilton Re for approximately $400 million with the receipt of regulatory approval. The sale of ALNY is in sync with the company's long-term strategy to move...