- Business
- The Allstate Corporation The Allstate Corporation provides property and casualty insurance products and services to consumers and businesses primarily in the United States and Canada. The company offers private passenger auto insurance, homeowners insurance, renters insurance, personal umbrella insurance, and other personal lines; commercial insurance products including business owners, contractors, and farm/ranch coverage; life insurance, retirement and investment plans, and voluntary benefits; as well as protection plans for devices, identity protection, roadside assistance, extended vehicle care, and digital footprint monitoring through brands such as Allstate Protection Plans, Allstate Roadside Services, Arity for mobility analytics, and National General for personal and commercial lines sold via independent agents. Subsidiaries include Allstate Insurance Company, Allstate Fire and Casualty Insurance Company, Encompass Insurance Company, and Allstate Life Insurance Company, among others, with products distributed through exclusive agents, independent agents, contact centers, and online channels. Founded in 1931 as a Sears, Roebuck and Co. unit and fully independent since 1995, The Allstate Corporation maintains headquarters in Northbrook, Illinois. In 2025, the company 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 a $625 million gain and supporting a $1.5 billion share repurchase program, as part of ongoing capital management to focus on core protection offerings.