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The acquisition cost a reported $1.4 billion from a group of shareholders. [23] In July 2020, Allstate announced it was acquiring National General for $4 billion. The deal closed in January 2021. [24] [25] In 2021 Allstate completed sale of its life insurance and annuity businesses. [26]
Edward "Ed" Liddy (born January 28, 1946) is an American businessman who was chairman of the Allstate Corporation from 1999 to 2008. [1] [2] [3]In September 2008, at the request of the secretary of the U.S. Department of the Treasury, Liddy agreed to serve as interim chairman and chief executive officer of American International Group, Inc. (AIG).
Wilson serves as chairman of the U.S. Chamber of Commerce Foundation [9] and is a past chairman of the U.S. Chamber of Commerce board of directors. He is involved with numerous civic organizations including P33, [10] an initiative focused on accelerating Chicago's leadership in the digital economy; OneTen, [11] a corporate initiative to upskill, hire and promote one million people into family ...
The U.S. Supreme Court sidestepped on Friday a decision on whether to allow shareholders to proceed with a securities fraud lawsuit accusing Meta's Facebook of misleading investors about the ...
AOL may send you emails from time to time about products or features we think you'd be interested in. If you're ever concerned about the legitimacy of these emails, just check to see if there's a green "AOL Certified Mail" icon beside the sender name.
In fact, 32% of employment fraud victims came across the scam job posting on LinkedIn, one of the most popular job search tools. Now one tricky thing is that it is common practice to have to share ...
Many affinity scams involve Ponzi schemes or pyramid schemes, where newly received investor money is used by the fraudster to make payments to earlier investors to give the illusion that the investment is successful. This ploy is used to trick new investors to invest in the scheme and to lull existing investors into believing their investments ...
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