The Allstate Corporation

The Allstate Corporation, traded under the ticker ALL-PH, is a major provider of property and casualty insurance and other insurance products in the United States and Canada. Its primary segment, Allstate Protection, offers private passenger auto, homeowners, and other personal lines and commercial insurance. These products are sold through exclusive agents, independent agents, contact centers, and online under well-known brands such as Allstate, National General, Direct Auto, and Answer Financial. Additionally, the company provides consumer product protection plans, roadside assistance, identity protection and restoration services, and analytic solutions using automotive telematics data. Its portfolio also includes vehicle service contracts, guaranteed asset protection, and road hazard tire and wheel protection.

The Allstate Corporation is listed on the New York Stock Exchange (NYSE) under the ticker symbol ALL-PH. The company's financial reporting and trading are conducted in US Dollars (USD). As a US-based corporation, its shares are traded in the primary US equity market, providing investors with exposure to the insurance sector within the Financial Services industry.

The Allstate Corporation operates in the Financial Services sector, specifically within the Insurance - Property & Casualty industry. This means the company primarily focuses on providing insurance coverage for property (such as homes and vehicles) and liability protection against legal claims. As a property and casualty insurer, Allstate collects premiums from policyholders and pays out claims for covered losses, managing risk through underwriting and investment activities. Its industry classification reflects its core business of protecting individuals and businesses from financial losses due to accidents, theft, natural disasters, and other perils.

The Allstate Corporation is headquartered in Northbrook, Illinois, United States. Founded in 1931, the company serves customers primarily in the United States and Canada. It offers a wide range of insurance products across these two countries, leveraging a multi-channel distribution network that includes exclusive agents, independent agents, contact centers, and online platforms. The company's geographic focus on North America allows it to tailor its products to regional regulations and customer needs, while its brand portfolio—including Allstate, National General, Direct Auto, and Answer Financial—enables it to reach diverse customer segments within these markets.

The Allstate Corporation generates revenue primarily through the collection of insurance premiums from policyholders for property and casualty coverage, including auto, homeowners, and commercial lines. It also earns income from its Protection Services segment, which offers consumer product protection plans, roadside assistance, identity protection, and analytic solutions using automotive telematics data. Additionally, the company has a Run-off Property-Liability segment that manages legacy policies, and a Corporate and Other segment that handles strategic initiatives and non-insurance operations. Investment income from the company's large portfolio of bonds, equities, and other assets also contributes to earnings. By carefully underwriting risks and managing claims, Allstate aims to achieve underwriting profitability while generating investment returns on premiums collected.