The Allstate Corporation
- Industry
- Insurance
- Exchange
- US
- Country
- USA
- IPO date
- Jun 2, 1993
- Employees
- 53,000
- Website
- www.allstate.com
Composite valuation range · conservative $170–$195 / fair $205–$240 / optimistic $250–$290. At $261.27, Within the optimistic intrinsic-value range · much expectation priced in.
At publication $216.6 (May 23, 2026)
Data from EODHD, shown in the reporting currency; for reference only, not investment advice.
The Allstate Corporation, together with its subsidiaries, provides property and casualty, and other insurance products in the United States and Canada. It operates in four segments: Allstate Protection; Run-off Property-Liability; Protection Services; and Corporate and Other. The company offers private passenger auto, homeowners, other personal lines and commercial insurance through exclusive agents, independent agents, contact centers and online under the Allstate, National General, Direct Auto and Answer Financial brands. It also provides consumer product protection plans, device and mobile data collection services, and analytic solutions using automotive telematics information, roadside assistance, and protection plans; and insurance products, such as identity protection and restoration. In addition, the company offers property and casualty insurance, as well as engages in company activities and certain non-insurance operations, including expenses associated with strategic initiatives. Further, it offers automotive protection; vehicle service contracts, guaranteed asset protection, road hazard tires and wheels, and paintless dent repair protection; and roadside assistance, mobility data collection services, and analytic solutions using automotive telematics information, identity theft protection, and remediation services. The Allstate Corporation was founded in 1931 and is headquartered in Northbrook, Illinois.
History
The Allstate Corporation was founded in 1931 and is headquartered in Northbrook, Illinois. The company completed its IPO on June 2, 1993. It has built out a multi-brand, multi-product platform operating under the Allstate, National General, Direct Auto and Answer Financial brands. In 2025 it sold its Employer Voluntary Benefits and Group Health businesses for total consideration of 3.1 billion USD, reflecting a focus on its core personal property-casualty and protection operations.
Industry position
Allstate is one of the largest U.S. personal property and casualty insurers, reporting in 2025 that it was the third-largest U.S. personal P&C company, with 211 million policies in force, about 53,000 employees and an investment portfolio of 83.24 billion USD. Based on 2024 direct premiums, it ranked #4 in private passenger auto with a 10.2% share and #2 in homeowners with a 9.0% share. It operates four segments—Allstate Protection, Run-off Property-Liability, Protection Services and Corporate and Other—and competes with State Farm, Progressive, Berkshire/GEICO, USAA, Travelers and Chubb. Its Protection Services unit (including Protection Plans, Roadside, Dealer Services, Identity Protection and Arity) generated over 3.5 billion USD of revenue in 2025, and Arity provides collision detection and analytics to over 50 million drivers.