mobile device warranty News

– Allstate Corp. said that the mobile-device insurer that it acquired for $1.4 billion had posted five years of losses before the deal. SquareTrade Holding Co.’s annual loss narrowed to $26.5 million in 2015 from $37.4 million in 2014, Northbrook, …

The Allstate Corp. agreed to acquire SquareTrade, a consumer electronics and appliance protection plan provider that distributes through many of America’s major retailers. Allstate said it will acquire the privately-held company for approximately $1.4 billion from a group of shareholders, …