- Business
- The Allstate Corporation (NYSE: ALL) provides property and casualty insurance products and services to consumers, businesses and other insurers in the United States and Canada. The company offers private passenger auto insurance; homeowners insurance; renters insurance; personal umbrella insurance; motorcycle, boat, off-road vehicle, classic car and condo insurance; life insurance and annuities; identity protection; roadside assistance; extended vehicle care; protection plans for consumer electronics; retirement and investment plans; and commercial insurance products including business owners, general liability, professional liability and workers' compensation coverage, sold through captive agents, independent agents, online platforms, contact centers and employer-sponsored programs. Subsidiaries include National General for personal and commercial lines sold via independent agents; Esurance for direct-to-consumer digital insurance; Encompass Insurance; Arity for mobility data and analytics; and Allstate Insurance Company of Canada. Founded in 1931 as a Sears, Roebuck and Co. venture and headquartered in Northbrook, Illinois, Allstate operates primarily in North America with technology centers in India and additional presence in the United Kingdom. In 2025, Allstate completed the $1.25 billion sale of its group health business to Nationwide, generating approximately $500 million in book gain, and the $2 billion divestiture of its employer voluntary benefits business to The Standard, yielding about $625 million in book gain and enabling a future distribution partnership for select Standard products to Allstate customers; these transactions, totaling $3.25 billion, support capital management initiatives including share repurchases while streamlining focus on core protection and casualty lines.