Allstate Insurance Company was founded in 1931 as part of Sears, Roebuck & Co., and turned into a publicly traded company in 1993. During that time, the first public offering of Allstate was the largest in U.S. history. On June 30, 1995, it happens to be a completely independent company subsequently when Sears strip its remaining shares to Sears’s stockholders. Based in Northbrook, Illinois, Allstate is the nation's major publicly held personal lines insurer and one of the nation's top insurers in urban regions.
For over 75 years, Allstate leaders, employees and agency owners have been fervent about leading optimistic change in this country. Serving as a consumer advocate and a supporter for the American economy are essential part of Allstate's legacy. In the 1930s, Allstate was one of the earliest companies to produce a refined rate classification system, providing better rates to safe drivers. In the 1950s Allstate unlocked its first drive-in claim office, modernizing the method automobile claims are managed.

