Allstate now has turned out all the lights at its life-insurance business. The Northbrook-based insurance giant today announced a deal with Norwalk, Conn.-based Wilton Re to offload what remains ...

A 32-year Allstate Corp. veteran has sued the Northbrook-based company’s recent decision to stop offering free life insurance for retirees. Montgomery, Ala., resident Garnet Turner, who retired ...

(Reuters) - Allstate Corporation said on Tuesday it had agreed to sell most of its life insurance business to entities managed by buyout firm Blackstone Group Inc for $2.8 billion. The deal comes ...

July 17 (Reuters) - Home and auto insurer Allstate Corp will sell one of its life insurance businesses, Lincoln Benefit Life Co, to Resolution Life Holdings for $600 million, the company said on ...