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Allstate added products throughout the 1950s, including fire insurance in 1954 and homeowners and life insurance in 1957. Allstate began selling insurance to Canadians in 1953. Allstate Insurance Company of Canada was incorporated in 1964. [12] (. In 1952 and 1953, Sears also sold an automobile called Allstate.)
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St. Clair Shores, Michigan, U.S. Alma mater. University of Michigan (BBA) Northwestern University (MBA) Occupation (s) (CEO), The Allstate Corporation. Thomas J. Wilson (born 1957) is chairman, chief executive officer, and president of The Allstate Corporation. Wilson is also a member of the corporation 's board of directors. [1][2]
Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in the United States by 1989.
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