The Allstate Corporation
News and overview for The Allstate Corporation
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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 |