Skip to Content
Allstate rebounded well in 2019 after the challenges of the previous year, when Hurricane Michael and the historic California wildfires resulted in higher payouts and a 29% decline in profit. Fewer catastrophe claims helped the Northfield Township, Ill., insurer climb 10 spots in the 500 rankings this year. Revenues rose 12% year-over-year, to $44.7 billion, while net income, aided by increased premiums, grew a substantial 133%, to $4.7 billion. CEO Tom Wilson has also attributed the profit surge to cost-cutting measures and increased investment in technology. One example of the latter, a new identity-theft protection product called Digital Footprint, allows customers to view all websites with accounts that have their personal information, and helps them track data breaches that might affect them.
Lists ranking Allstate
RANK263
Global 500 - 2020This year's Global 500 generated $TKTK trillion in...READ MOREview in list
RANK
Fortune 500 - 2020This year's Fortune 500 marks the 66th running of ...READ MOREview in list
World’s Most Admired Companies - 2020For an astounding 13th straight year, Apple claims...READ MOREview in list