Is Allstate still owned by Sears?

Is Allstate still owned by Sears?

In 1993, Sears took 19.8 percent of the company public and, two years later, Allstate became a fully publicly-owned company. Oct 15, 2018

Did Allstate buy another company?

Allstate has agreed to acquire Ohio-based SafeAuto, which offers car insurance that meets the minimum legal requirements in 28 states. The acquisition will be through Allstate subsidiary National General and SafeAuto will be integrated into National General’s direct-to-consumer non-standard auto insurance operations. Jun 2, 2021

Is Allstate losing customers?

Things are not looking good with Allstate, which has posted its worst auto insurance customer retention numbers in two decades. In 2020, the company’s auto policy renewals were 87.5%, down from 88% in 2019. It was Allstate’s worst policy renewal rate since at least 2001, investor disclosures noted. Feb 5, 2021