Allstate is an American insurance company established in 1931 as a subsidiary of Sears, Roebuck and Co. Headquartered in Glenview, Illinois since 2022, it became fully independent in June 1995 after being spun off in 1993, though Sears retained partial ownership for a time. Allstate also provides personal line insurance services in Canada.
In 1925, Sears held a national contest to decide the name of a new brand of car tires, ultimately choosing "Allstate".
On April 19, 1927, the Allstate trademark was officially registered, and the new tires' name debuted in the Sears catalog in spring 1927.
On April 17, 1931, Allstate Insurance Company started its operations, offering auto insurance by direct mail and through the Sears catalog, named after Sears' tire line.
In 1931, Allstate was founded as part of Sears, Roebuck and Co., marking its entry into the insurance industry.
In 1941, the state of New York passed a law establishing financial responsibility for drivers, inspiring similar legislation in other states.
In 1950, Allstate's long-running advertising campaign, "Are you in good hands?", was launched.
In 1950, Allstate's slogan "You're in Good Hands with Allstate" was created by general sales manager Davis W. Ellis.
The Allstate slogan "You're in good hands" was created in the 1950s by sales executive, Davis W. Ellis, based on a phrase he used to reassure his wife, and it has been the slogan ever since 1950.
In 1952, an Allstate car was produced, but it was considered a flop.
By 1953, the Allstate car was pulled from stores due to poor sales.
In 1953, Allstate began selling insurance to Canadians.
In 1954, Allstate added fire insurance to its product offerings.
In 1957, Allstate expanded its offerings to include homeowners and life insurance.
In 1964, Allstate Insurance Company of Canada was incorporated.
In 1964, Allstate began selling worker's-compensation insurance.
In 1966, Allstate began selling surety bonds.
In 1967, Allstate moved its home office from Skokie to Northbrook, Illinois and started selling inland-marine coverage.
In 1969, Allstate began offering a business package policy.
In 1975, a commercial showed an egg roll falling down and being saved by a hand.
In 1991, Allstate went public.
The character Mr. White from the 1992 film Reservoir Dogs played by Harvey Keitel, was the inspiration for Allstate's Mayhem character.
In June 1993, 19.8% of Allstate became public through a stock offering.
In 1993, Allstate was partially spun off from Sears, Roebuck and Co., beginning its transition to becoming an independent company.
Since its IPO in 1993, Allstate has grown to be a major insurance provider.
In June 1995, Allstate achieved complete independence as Sears spun off its remaining stake.
In 1999, Allstate expanded by purchasing the personal-lines division of CNA Financial, later renaming it Encompass Insurance Company.
In 2000, a study found that Allstate's slogan "You're in good hands" ranked as the most recognizable in America.
Beginning in 2003, Allstate's television commercials used Dennis Haysbert as the spokesman.
In 2003, Dennis Haysbert became the Allstate spokesman, known for the tagline "That’s Allstate’s stand."
In 2005, Allstate began its sponsorship of the Allstate 400 at the Brickyard, an annual NASCAR Sprint Cup Series race held at Indianapolis Motor Speedway.
In November 2006, Allstate did not renew 120,000 policies in Florida, leading to a 90-day emergency order by Governor Charlie Crist to temporarily prevent insurance companies from not renewing policies.
In 2006, Business Week magazine published a review of the book "From Good Hands to Boxing Gloves" which relates profit-boosting strategies that consulting firm McKinsey & Company presented to Allstate to maximize profits and diminish the amount of money sent to clients who put in a claim.
In February 2007, a CNN investigative report revealed that major car insurance companies, including Allstate, were increasingly disputing auto insurance claims.
On February 20, 2007, Florida Insurance Commissioner Kevin McCarty clarified the order regarding policy non-renewals, stating that insurance companies can nonrenew policies if they meet certain conditions, including filing new, lower rates and giving customers 100 days’ notice.
In 2007, Allstate became a sponsor of the Mexico National Team.
Since 2007, Allstate has been the title sponsor of the Sugar Bowl, one of the Bowl Championship Series games, and also sponsors the New Orleans Saints.
In July 2008, the American Association for Justice ranked Allstate No. 1 among the nation's worst insurers, citing a 'boxing gloves' strategy against policyholders. Allstate disputed the report.
In 2009, Allstate successfully fought for federal government TARP fund eligibility but declined it once eligibility was obtained.
In 2009, Allstate's sponsorship of the Allstate 400 at the Brickyard ended.
Since the launch of the Mayhem campaign in April 2010, the character has been played by Dean Winters.
In mid-June 2010, Allstate launched the "Mayhem" campaign to target younger customers and compete with other insurance advertising characters.
On November 20, 2010, the Northwestern Wildcats and the Illinois Fighting Illini played a collegiate football game at Wrigley Field, title sponsored by Allstate. This was the first football game at Wrigley Field since 1970.
In 2010, Allstate commanded 18% of the auto insurance market in the United States.
In 2010, Allstate paid a $10 million fine to settle a lawsuit brought by 41 states concerning inconsistencies in the manner in which the "Colossus" software was used. It also agreed to standardize its use of the software.
In January 2011, Allstate released The Lines, a web series aimed at promoting responsible teen driving.
In February 2011, Advertising Age reported that Mayhem rose to third as most-recognized insurance advertising character.
In May 2011, Allstate announced the purchase of Esurance and Answer Financial, a rate-comparison site, for approximately $1 billion.
By 2011, Allstate had won approximately 80 industry awards for the "Mayhem" campaign.
In 2011, Allstate partnered with Major League Soccer and the United States Soccer Federation.
On January 9, 2012, the Allstate BCS National Championship Game was played and broadcast on ESPN.
In 2012, Allstate Solutions Private Limited (Allstate India) was inaugurated in Bangalore as a technology and operations center.
As of 2013, the Allstate Headquarters Building was vacant and in danger of demolition.
A 2015 Mayhem commercial features the character playing a portable grill hastily loaded into a car before being fully extinguished, which leads to an explosion when the still-burning embers ignite an enormous bottle of lighter fluid, warning viewers that certain "cut-rate" policies lack coverage for the situation he has caused.
In 2016, Dennis Haysbert's tenure as Allstate's spokesman ended, having appeared in over 250 commercials since 2003.
In January 2017, Allstate acquired SquareTrade, a consumer electronics and appliance protection plan provider, for a reported $1.4 billion.
In 2018, Allstate had revenues of $39.8 billion.
In early 2018, Allstate featured ads with Mayhem having a New Year's resolution to help keep people and property safe, before returning to his chaotic habits.
In 2019, Allstate ranked 79th in the Fortune 500 list of the largest United States corporations by total revenue.
In July 2020, Allstate announced its plan to acquire National General for $4 billion.
In January 2021, Allstate completed the acquisition of National General.
In 2021, Allstate finalized the sale of its life insurance and annuity businesses to Wilton Reassurance Life Company of New York and Everlake Holdings.
Since 2022, Allstate has been headquartered in Glenview, Illinois (with a Northbrook, Illinois address).
In 2025, it was reported that Allstate was using AI to generate less confusing and more empathetic emails to customers, reducing insurance jargon. Claims agents would still check them for accuracy. After Futurism reported on this, Allstate requested it be taken down.
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