The Allstate Corporation

News and overview for The Allstate Corporation

Lacher Named Allstate Protection President
National Underwriter | 6 days 20 hours 22 minutes ago
Allstate Corporation announced that Joseph P. Lacher Jr., 40, has been named president of Allstate Protection, responsible for all of the insurer's property and casualty offerings.


A.M. Best Affirms Ratings of The Allstate Corporation and Its Subsidiaries [Press Release]
Business Wire | 2 days 21 hours 14 minutes ago
A.M. Best Co. has affirmed the financial strength rating (FSR) of A+ (Superior) and issuer credit ratings (ICR) of “aa-” of Allstate Insurance Group (Allstate) and its members. Additionally, A.M. Best has affirmed the ICR of “a-” and debt ratings of Allstate’s parent, The Allstate Corporation (Allcorp) (Northbrook, IL) (NYSE: ALL). The outlook for these ratings is stable.


Improved Third Quarter 2009 Results Position Allstate for Sustainable Growth [Press Release]
Business Wire | 18 days 16 hours 10 minutes ago
The Allstate Corporation (NYSE: ALL) today reported results for the third quarter of 2009:


Joseph P. Lacher, Jr. to Lead Allstate s Property and Casualty Business [Press Release]
Business Wire | 6 days 23 hours 52 minutes ago
The Allstate Corporation (NYSE:ALL) today announced that Joseph P. Lacher, Jr., 40, has been named president of Allstate Protection. In this role, Lacher will lead all of Allstate’s property and casualty offerings serving over 17 million American households. He will serve as a member of the senior management team and report to Thomas J. Wilson, Allstate’s chairman, president and chief executive officer. Lacher will join Allstate effective November 30, 2009.


Financial Empowerment Grants Aid Survivors of Domestic Violence [Press Release]
PRNewswire | 2 days 19 hours 44 minutes ago
...awarded $80,000 Established in 1952, The Allstate Foundation is an independent, charitable organization made possible by subsidiaries of The Allstate Corporation . Allstate and The Allstate Foundation sponsor community initiatives...


Allstate Selects Mark LaNeve as Chief Marketing Officer [Press Release]
Business Wire | 42 days 52 minutes ago
Allstate (NYSE: ALL) today announced it has selected Mark LaNeve, 50, as chief marketing officer. LaNeve will oversee all marketing initiatives across the corporation, including brand stewardship, marketing and brand strategy, advertising, corporate identity, customer loyalty and field marketing. In addition, he will serve as a member of the corporation's senior management team, reporting to Thomas J. Wilson, Allstate’s chairman, president and chief executive officer. LaNeve will join Allstat...


Jordin Sparks Gives 'Thumbs Up' to National Pledge Against Texting and Driving [Press Release]
PRNewswire | 5 days 18 hours 33 minutes ago
...of tour cities, tour schedule, and to download the family pledge, please visit www.facebook.com/thumbsuppledge The Allstate Corporation is the nation's largest publicly held personal lines insurer...


Allstate Announces George E. Ruebenson, President of Allstate Protection, to Retire [Press Release]
Business Wire | 27 days 23 hours 52 minutes ago
The Allstate Corporation (NYSE:ALL) today announced that George E. Ruebenson, president, Allstate Protection, will retire effective December 31, 2009, after nearly 40 years of service. As the president of Allstate Protection, Ruebenson has maintained its financial performance in this uncertain economic climate, improved customer loyalty and built a foundation for sustainable growth.


Allstate Announces Quarterly Dividend [Press Release]
Business Wire | 13 days 22 minutes ago
The Allstate Corporation (NYSE: ALL) today announced a quarterly dividend of 20 cents on each outstanding share of the Corporation's common stock, payable in cash on January 5, 2010 to stockholders of record at the close of business on November 30, 2009.


Allstate Motor Club Launches Roadside Assistance Mobile App for iPhone and BlackBerry Users [Press Release]
PRNewswire | 26 days 21 hours 44 minutes ago
...death insurance and payment for legal services. The Allstate Corporation is the nation's largest publicly held personal lines...known through the "You're In Good Hands With Allstate((R))" slogan, Allstate is reinventing protection...


Third Allstate-National Journal Heartland Monitor Poll Provides Window on Real-World Impact of the Recession on Middle Class Americans [Press Release]
PRNewswire | 40 days 23 hours 52 minutes ago
...WASHINGTON, Oct. 13 /PRNewswire-FirstCall/ -- The Allstate Corporation and National Journal today announced the results...varied based on the size of the subsample. The Allstate Corporation is the nation's largest publicly held personal lines...


Allstate Seeks Interns During First College Virtual Career Fair [Press Release]
PRNewswire | 39 days 20 hours 22 minutes ago
...DiversityInc magazine; and named Working Mother magazine's 100 Best Companies for Working Mothers for the past 19-years. The Allstate Corporation is the nation's largest publicly held personal lines insurer. Widely known through the "You're...


Texas Pedestrian Accidents Jump 23% During Halloween [Press Release]
PRNewswire | 24 days 23 hours 22 minutes ago
...responsible youth supervise children. Plan and discuss the route trick-or-treaters intend to follow. The Allstate Corporation is the nation's largest publicly held personal lines insurer...


Allstate and the American Football Coaches Association Announce Twenty-Two College Football Players Named to the 2009 Allstate AFCA Good Works Team(R) [Press Release]
PRNewswire | 62 days 1 hour 19 minutes ago
...Jacob Rowe Jr. DL Tarleton St. Alvarado, Texas The Allstate Corporation is the nation's largest publicly held personal lines...known through the "You're In Good Hands With Allstate(R)" slogan, Allstate is reinventing protection...


Allstate Recognized as a Top Company for Working Mothers [Press Release]
PRNewswire | 59 days 20 hours 49 minutes ago
...that monitor diversity and workplace issues. The Allstate Corporation is the nation's largest publicly held personal lines...known through the "You're In Good Hands With Allstate(R)" slogan, Allstate is reinventing protection...





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Company Overview


Company: The Allstate Corporation
Industry: Property & Casualty Insurance
Website: http://www.allstate.com

Ya gotta hand it to Allstate. The "good hands" company is the second-largest US personal lines insurer, behind rival State Farm. The company's Allstate Protection segment sells auto, homeowners, property/casualty, and life insurance products in Canada and the US. Allstate Financial provides life insurance through subsidiaries Allstate Life, American Heritage Life, and Lincoln Benefit Life. It also provides investment products, targeting affluent and middle-income consumers. Allstate Motor Club provides emergency road service and, adding to its repertoire, the company also offers the nationwide online Allstate Bank.


Key Numbers

Sales in U.S. Dollars (mil.) 29,394 (2008)
One-year % Growth in Sales -20.1 (2008)
Net Income in U.S. Dollars (mil.) -1,679 (2008)
One-year % Growth in Net Income 0.0 (2008)
Number of Employees 38,900 (2008)
One-year % Growth in Number of Employees 2.4 (2008)
Fiscal Year-End December