The Allstate Insurance Company (Allstate Corporation NYSE: ALL ) is the second-largest personal lines insurer in the United States after State Farm and the largest that is publicly held. AllStates major insurance competitors include State Farm, Farmers Insurance Group, Nationwide, Progressive, GEICO, Liberty Mutual and USAA.
Type – Public (NYSE: ALL)
Industry – Insurance & Finance
Founded – 1931
Headquarters- Northbrook, Illinois, U.S.
Key people- Thomas J. Wilson, CEO
Products – Auto, Home, Life, and Business Insurance. Retirement and Investment products, and Banking services.
Revenue – $29.4 billion USD (2007)
Net income – $4.636 billion USD (2007)
Total assets – US$ 156.4 billion (2008) operating_income =$3.863 billion USD (2007)
Website - www.allstate.com
Allstate Insurance Company owns and operates 15 companies around the United States and Canada. Allstate sells 13 major lines of insurance, including auto insurance, home insurance, life insurance, and commercial insurance. Allstate also offers retirement and investment products, and banking services. Its advertising campaign is centered around its “Your Choice Auto” product, which offers accident forgiveness and lower deductibles and higher limits.
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