First Trade Date for Allstate Corporation (The)
| Company Name | First Trade Date (yyyy-mm-dd) |
| Allstate Corporation (The) | 1993-06-03 |
| Company Name | Symbol |
| Allstate Corporation (The) | ALL |
| History and Business of Company (this information may include date of incorporation) | |
|
The Allstate Corporation was incorporated under the laws of the State of Delaware on November 5, 1992 to serve as the holding company for Allstate Insurance Company. Its business is conducted principally through Allstate Insurance Company, Allstate Life Insurance Company and their affiliates (collectively, including The Allstate Corporation, "Allstate"). Allstate is engaged in the personal property and casualty insurance business and the life insurance, retirement and investment products business. It conducts its business in the United States and Canada. The Allstate Corporation is the largest publicly held personal lines insurer in the United States. Widely known through the "You're In Good Hands With Allstate (r)" slogan, Allstate provides insurance products to more than 16 million households and has approximately 12,300 exclusive agents and exclusive financial specialists in the United States and Canada. Allstate is the second-largest personal property and casualty insurer in the United States on the basis of 2001 statutory premiums earned and the nation's tenth-largest life insurance business on the basis of 2001 ordinary life insurance in force and 19th on the basis of 2001 statutory admitted assets. Allstate has four business segments: Allstate Protection (our personal property and casualty business); Allstate Financial (our life insurance, retirement and investment products business); Discontinued Lines and Coverages; and Corporate and Other. In this annual report on Form 10-K, we occasionally refer to statutory financial information that has been prepared in accordance with the National Association of Insurance Commissioners ("NAIC") Accounting Practices and Procedure Manual. All domestic U.S. insurance companies are required to prepare statutory-basis financial statements in accordance with the Manual. As a result, industry data is available on a widespread basis that enables comparisons between insurance companies, including competitors that are not subject to the requirement to publish financial statements on the basis of accounting principles generally accepted in the U.S. ("GAAP.") We frequently use industry publications containing statutory financial information to assess our competitive position. | |
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