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(Redirected from Allstate Corporation)

The Allstate Corporation NYSE: ALL is the largest publicly held personal lines insurer in the United States. Allstate was founded in 1931 as part of Sears, Roebuck & Co.

In 1952, Sears also used the name Allstate for a line of Allstate automobiles sold through some of its southern department stores which were rebadged products of Kaiser Motors; the cars were withdrawn following the 1953 model year. (Also see Henry J. )

The company slogan is "You're in good hands. Get sound advice from a licensed Drive Insurance independent insurance agent who can take the time You have many choices in how you shop for, buy and own insurance. " The current advertising campaign, in use since 2004, asks, "Are you in good hands?" Their current spokesperson is Dennis Haysbert.

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History

Allstate was founded in 1931 as part of Sears, Roebuck & Co. , and became a publicly traded company in 1993. At the time, the initial public offering of Allstate was the largest in U. Saving Californians money on high quality
insurance for over 35 years. S. history. On June 30, 1995, it became a totally independent company after Sears divested its remaining shares to Sears stockholders.

On April 17, 2006 Allstate celebrated its 75th Anniversary.

Allstate, based in Northbrook, Illinois, is one of the nation's leading insurers in urban areas and has supported auto and highway safety reforms including seat belts, air bags, and teen driver education. Vehicle purchases represent a very large expense for both large expense for both businesses and individuals in today's market. The company has won numerous awards over the years for its philanthropic and employee volunteerism efforts.

On a fall morning in 1930, as the 7:28 commuter train headed for downtown Chicago, a suggestion was made to Sears, Roebuck & Co. President and Board Chairman General Robert E. Wood that Sears should start an auto insurance company and sell insurance by mail.

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