Allstate

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Allstate Corporation is an American insurance company, headquartered in Northfield Township, Illinois, near Northbrook, Illinois. It was founded in 1931 as part of Sears, Roebuck and Co., and was spun off in 1993. Allstate is a large corporation, providing a wide range of insurance products, including auto, home, life, and business insurance.

History[edit]

Allstate was founded in 1931 by Sears, Roebuck and Co. as a division to sell auto insurance by mail. The name "Allstate" was taken from a tire brand sold in the Sears catalog. In 1952, Allstate began selling insurance through its own agents. The company went public in 1993, becoming independent from Sears.

Products and Services[edit]

Allstate offers a variety of insurance products, including:

Corporate Structure[edit]

Allstate operates through several subsidiaries, including:

  • Allstate Fire and Casualty Insurance Company
  • Allstate Life Insurance Company
  • Allstate Property and Casualty Insurance Company
  • Allstate Indemnity Company

Marketing and Advertising[edit]

Allstate is known for its advertising campaigns, including the "You're in Good Hands with Allstate" slogan, which was introduced in 1950. The company has also used notable spokespersons, such as Dennis Haysbert and the character "Mayhem," portrayed by Dean Winters.

Community Involvement[edit]

Allstate is involved in various community initiatives, including the Allstate Foundation, which focuses on issues such as domestic violence prevention, youth empowerment, and disaster preparedness.

See Also[edit]

References[edit]

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External Links[edit]

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Major insurance and reinsurance companies
Insurance
Americas
EMEA
APAC
Reinsurance
Methodology: SWFI ranking by Total Assets
List of largest insurance companies


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