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Allstate business model | How does Allstate make money?

The Allstate Corporation, incorporated on November 5, 1992, is a holding company for Allstate Insurance Company. The company and its subsidiaries, including Allstate Insurance Company, Allstate Life Insurance Company and other subsidiaries (collectively, Allstate) are engaged in the property-liability insurance and life insurance business. It offers its products in the United States and Canada. Allstate operates in four business Segments: Allstate Protection, Discontinued Lines and Coverages, Allstate Financial, and Corporate and Other. The company's principal geographic markets for auto, homeowners, other personal property, and casualty products are in the United States. Through its subsidiaries, it sells a range of personal property and casualty insurance products in approximately 50 states, the District of Columbia and Puerto Rico. It also sells personal property and casualty insurance products in Canada.

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