Did Allstate sell their life insurance business?

Did Allstate sell their life insurance business?

Allstate Corporation has closed the sale of its life and annuity business – Allstate Life Insurance Company (ALIC) – as well as certain other subsidiaries to entities operated by investment management company Blackstone. The transaction was first announced earlier this year. Nov 2, 2021

See also  Can I be 2 weeks late on a car payment?