Allstate Corporation profile

The Allstate Corporation operates as the holding company for Allstate Insurance Company. The company, through Allstate Insurance Company, and Allstate Life Insurance Company and affiliates, provides personal property and casualty insurance products and services primarily in the United States. It operates in two segments, Allstate Protection and Allstate Financial. Allstate Protection segment sells private passenger auto and homeowner's insurance. It also sells various personal property and casualty insurance products, including landlords, personal umbrella, renters, condominium, residential fire, manufactured housing, boat owners, and selected commercial property and casualty. Allstate Financial segment provides life insurance, retirement, and investment products to individual and institutional customers. Its products include traditional life, interest-sensitive life, variable life, and single premium life; fixed annuities, including traditional deferred annuities, market value adjusted annuities, equity-indexed annuities, and immediate annuities; variable annuities; other protection products, such as long-term care, accidental death, hospital indemnity, structured settlement annuities, and disability income insurance; and institutional products, such as funding agreements sold to investors. In addition, it offers various bank products, such as certificates of deposit, money market accounts, savings accounts, checking accounts, first mortgage loans, and home equity loans. The company distributes its products through independent agents, Allstate exclusive agencies, financial institutions, and broker dealers. The Allstate Corporation was incorporated in 1992 and is headquartered in Northbrook, Illinois.