The 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. Allstate was founded in 1931 as part of Sears, Roebuck and Co., and was spun off in 1993.

In 2008, Allstate’s total revenue was $29.4 Billion, of which $26.8 Billion came from Property Liability, $2.58 Billion from Allstate Financial Services, and $32 Million from Corporate & Other.
Organization

Allstate Corporation owns and operates companies around the United States and Canada:

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

Products available
Allstate sells major lines of insurance that are:

• Auto insurance
• Home insurance
• Life insurance
• Commercial insurance
• Retirement
• Investment products
• Banking services

Its advertising campaign is centered around its “Your Choice Auto” product, which offers accident forgiveness and lower deductibles and higher limits.

Competition
Major insurance competitors include State Farm, Farmers Insurance Group, Nationwide, Progressive, GEICO, Liberty Mutual and USAA.

Website: www.allstate.com