Allstate Corporation is a leading provider of property and casualty insurance in the United States and Canada, offering a wide range of protection solutions for autos, homes, and personal property . The company is structured into several segments, with Allstate Protection being the largest contributor to its revenue . Allstate's offerings include auto and homeowners insurance, consumer product protection plans, roadside assistance, identity protection, and health and benefits products . The company's strategy focuses on expanding its market share in personal property-liability and enhancing its protection offerings through various distribution channels .
- Allstate Protection - Offers private passenger auto and homeowners insurance, serving as the primary revenue driver for the company.
- Protection Services - Provides consumer product protection plans, roadside assistance, and identity protection through services like Allstate Protection Plans, Allstate Dealer Services, Allstate Roadside, Arity, and Allstate Identity Protection.
- Allstate Health and Benefits - Delivers employer voluntary benefits, group health, and individual health products, including life, accident, and critical illness insurance.
- Corporate and Other - Encompasses various corporate functions and other business activities not included in the main segments.
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| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Thomas J. Wilson ExecutiveBoard | Chairman of the Board, President, and CEO | None | Thomas J. Wilson has been with Allstate for 29 years, serving as CEO since January 2007 and Chairman since May 2008. He has led transformative growth strategies and digital innovation initiatives. | View Report → |
Christine M. DeBiase Executive | EVP, Chief Legal Officer, General Counsel, and Corporate Secretary | None | Christine M. DeBiase joined Allstate in January 2023, bringing extensive legal and corporate governance experience from her previous role at Brighthouse Financial. | |
Elizabeth A. Brady Executive | EVP, Chief Marketing, Customer, and Communications Officer | None | Elizabeth A. Brady joined Allstate in 2018 and oversees marketing, customer engagement, and communications strategies. She has held her current role since January 2020. | |
Eric K. Ferren Executive | SVP, Controller, and Chief Accounting Officer | None | Eric K. Ferren rejoined Allstate in May 2024 as Chief Accounting Officer, having previously served in various financial leadership roles at the company. | |
Jesse E. Merten Executive | EVP, Chief Financial Officer | None | Jesse E. Merten has been with Allstate since 2012, serving in various financial leadership roles. He became CFO in September 2022, overseeing financial strategy and operations. | |
John C. Pintozzi Executive | SVP, Controller, and Chief Accounting Officer | None | John C. Pintozzi has been with Allstate since 2012 and has served as Chief Accounting Officer since September 2019, overseeing financial reporting and compliance. | |
John E. Dugenske Executive | President, Investments and Corporate Strategy | None | John E. Dugenske joined Allstate in 2017 and has held several senior roles. He currently oversees investments and corporate strategy, focusing on risk management and long-term planning. | |
Mario Rizzo Executive | President, Property-Liability | None | Mario Rizzo has been with Allstate for over 33 years. He became President, Property-Liability in September 2022, overseeing a business that constitutes 90% of Allstate's insurance premiums. | |
Mark Q. Prindiville Executive | EVP, Chief Risk Officer | None | Mark Q. Prindiville joined Allstate in 2016 and became Chief Risk Officer in May 2020. He focuses on enterprise risk management and optimizing risk-adjusted returns. | |
Robert Toohey Executive | EVP, Chief Human Resources Officer | None | Robert Toohey joined Allstate in March 2022 as CHRO, focusing on talent development, diversity, and organizational effectiveness. | |
Suren Gupta Executive | President, Protection Products and Enterprise Services | None | Suren Gupta joined Allstate in 2011 and has led technology and enterprise services. He transitioned to his current role in 2023, focusing on protection products and operational efficiency. | |
Zulfikar Jeevanjee Executive | EVP, Chief Information Officer | None | Zulfikar Jeevanjee joined Allstate in 2018 and became CIO in October 2022. He oversees technology strategy and enterprise architecture. |
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Given the DOJ lawsuit related to National General's lender-placed auto insurance program and the potential for SEC involvement, can you elaborate on the possible financial and operational impacts this litigation may have on Allstate's ongoing business and how you are preparing for potential outcomes?
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With the improvement in the auto underlying combined ratio largely driven by lower frequency, can you quantify any unsustainable benefits from frequency reductions this quarter, and how confident are you that these improvements are sustainable moving forward?
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You've increased advertising investment by approximately $300 million to support growth efforts in certain states; how are you measuring the effectiveness of this spend across different channels, and what metrics ensure that this substantial investment translates into profitable growth?
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In states like New York and New Jersey, where you're managing new business volumes due to challenges in achieving rate adequacy, how do you balance the need for profitability with the desire to grow market share, and what strategies are you implementing to achieve acceptable returns in these difficult markets?
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Although Allstate Protection Plans have shown a 20% revenue growth and expansion into Europe and Asia, what risks or challenges do you foresee that could impact maintaining this growth trajectory and profitability levels in this segment?
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Recent press releases and 8-K filings for ALL.
- Allstate posted Q3 2025 revenues of $17.3 billion, a 3.8% increase year-over-year.
- Net income applicable to common shareholders was $3.7 billion (NM), with adjusted net income at $3.0 billion, up 184%, driving adjusted EPS of $11.17, up 185.7%.
- Property-Liability insurance premiums rose 6.1% to $14.5 billion, and policies in force reached 209.5 million, up 3.8%.
- Adjusted return on equity was 34.7%, an improvement of 8.6 pts, underscoring strong capital generation.
- Revenues rose to $17.3 billion, with net income of $3.7 billion and adjusted net income of $3.0 billion (or $11.17 per share); LTM ROE was 34.7%
- Policies in force reached 209.5 million, up 3.8%, with property liability premiums +6.1% and protection services premiums +12.7% year-over-year
- Transformative growth cut the expense ratio by 6.7 points, broadened auto new business equally across Allstate agents, independents and direct channels, and the SAVE program lowered rates for over 5 million customers
- Investment portfolio book value is up 39% since Q1 2021; Q3 net investment income grew 21.2%, shareholders’ equity rose from $21.4 billion to $27.5 billion, and $1.8 billion was returned to shareholders over the last 12 months
- Revenues reached $17.3 billion, net income $3.7 billion, and adjusted net income $3.0 billion or $11.17 per share, with a 34.7% LTM ROE in Q3 2025.
- YTD revenues of $50.3 billion (+5.8%), property-liability premiums up 6.1% in Q3 and 7.4% YTD, protection-services premiums +12.7%, and policies in force grew to 209.5 million.
- Phase 4 of the Transformative Growth initiative cut expense ratio by 6.7 pts and launched the ALLI AI ecosystem, leveraging generative and agentic AI to enhance operations and customer engagement.
- Net investment income was $949 million (+21.2% YoY) in Q3; portfolio book value has risen 39% since Q1 2021 and GAAP shareholders’ equity increased to $27.5 billion with $1.8 billion returned to investors (3.5% of average equity LTM).
- Allstate delivered Q3 revenues of $17.3 billion, net income of $3.7 billion, and adjusted net income of $3.0 billion ($11.17 per share), driving a 34.7% LTM return on equity.
- Policies in force grew 3.8% year-over-year to 209.5 million, supported by transformative growth that cut the expense ratio by 6.7 points.
- Net investment income rose 21.2% to $949 million in Q3, while the investment portfolio’s book value climbed 39% since Q1 2021, yielding $10 per share of income LTM.
- GAAP shareholders’ equity increased from $21.4 billion at YE 2024 to $27.5 billion; Allstate returned $1.6 billion YTD and $1.8 billion LTM to shareholders via dividends and share repurchases.
- Allstate reported Q3 revenues of $17.3 billion, net income of $3.7 billion, and adjusted net income of $3.0 billion, or $11.17 per share.
- Through the first nine months, revenues rose 5.8% to $50.3 billion, with property liability premiums up 6.1% in Q3 and 7.4% YTD; policies in force reached 209.5 million (up 3.8% YoY).
- Return on equity for the last twelve months was 34.7%.
- Net investment income was $949 million in Q3 (+21.2% YoY); GAAP shareholders’ equity increased to $27.5 billion (from $21.4 billion at YE 2024); Allstate returned $1.6 billion to shareholders YTD.
- The company is in phase 4 of its Transformative Growth initiative—having reduced the expense ratio by 6.7 points—and is rolling out AI-driven tools to boost operational efficiency.
- Allstate’s Q3 2025 revenue increased to $17.3 billion, up 3.8% year-over-year.
- Net income applicable to common shareholders was $3.7 billion versus $1.2 billion a year ago; adjusted net income reached $3.0 billion, or $11.17 per diluted share.
- Property-Liability premiums earned totaled $14.5 billion, a 6.1% increase, with the combined ratio improving by 16.3 points to 80.1, driven by lower catastrophes and favorable reserve releases.
- Allstate returned $624 million to shareholders in the quarter via $360 million of share repurchases and $264 million of dividends; statutory surplus rose to $22.5 billion.
- Allstate posted $17.3 billion in revenues for the third quarter of 2025, a 3.8% year-over-year increase.
- Net income applicable to common shareholders was $3.7 billion (versus $1.2 billion in Q3 2024); adjusted net income was $3.0 billion, or $11.17 per diluted share.
- Property-Liability combined ratio improved to 80.1 from 96.4 in the prior year quarter; the underlying combined ratio was 78.7.
- Total policies in force reached 209.5 million, up 3.8%, driven by growth in Protection Plans and auto and homeowners policies.
- September 2025 catastrophes resulted in estimated pre-tax losses of $161 million (after-tax $128 million) from eight wind and hail events.
- Third-quarter 2025 catastrophe losses totaled $558 million pre-tax ($441 million after-tax).
- Policies in force as of September 30, 2025: Auto 25.332 million; Homeowners 7.642 million; Other personal lines 4.908 million; Commercial 0.174 million; Total 38.056 million.
- September 2025 estimated catastrophe losses of $161 million pre-tax and $128 million after-tax from eight wind and hail events.
- Q3 2025 total catastrophe losses of $558 million pre-tax and $441 million after-tax.
- Policies in force as of September 30, 2025: 25.332 million auto, 7.642 million homeowners, 4.908 million other personal lines, and 174 thousand commercial lines, driving a 1.2 % year-over-year increase in total items.
- The September monthly release was furnished as Exhibit 99 to the Form 8-K filed October 16, 2025.
- Effective October 1, 2025, Mario Rizzo is promoted to COO, Jess Merten becomes President of Property-Liability, and John Dugenske is named Interim CFO as part of the Transformative Growth initiative.
- In Q2 2025, property-liability premiums rose to $14.35 billion (from $13.34 billion) and underwriting income reached $1.3 billion (vs. a $145 million loss a year earlier).
- Allstate maintains a 27.21% ROE, 8.87% net margin, a $55.52 billion market cap, and 13.4% three-year revenue growth.
- The company plans to leverage AI and enhanced senior leadership to expand market share and improve customer protection services.