CEO Tom Wilson, who has served as U.S. Chamber of Commerce chairman since June, encourages business leaders to focus on more than just profits, but certainly hasn’t neglected the numbers at Allstate. The company increased profits by 70% last year, bouncing back from particularly costly insurance claims in 2016. It brought in nearly $3.2 billion in 2017. Revenues rose more than 5% for the 87-year-old company in 2017, topping $38.5 billion.
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News about Allstate
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