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Corporate: Allstate Announces April Catastrophe Loss Estimate

Thu, 16 May 2013 08:27:00 -0500

This release contains: 1 Photo, 1 Related Document

The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of April 2013 of $216 million, pre-tax ($140 million after-tax). Catastrophe losses occurring in April comprised seven events at an estimated cost of $242 million, pre-tax, partially offset by favorable reserve reestimates of prior reported catastrophe losses. Two severe weather events accounted for over 75% of the estimated loss for April events.

Forward-Looking Statements and Risk Factors
This news release contains forward-looking statements about catastrophe losses. These statements are based on our estimates and assumptions that are subject to uncertainty. These statements are made subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Management believes the estimated impact of catastrophe losses, including net loss reserves, are appropriately established and recorded based on available facts, information, laws and regulations. However, actual results may differ materially from those projected in the forward-looking statements in this news release and from the amounts currently recorded for a variety of reasons, including the following:

Our policyholders' ability to report and our ability to adjust claims have been impeded by the extent of the devastation and the number of areas affected.
It is particularly difficult to assess the extent of damage in the initial stages of adjusting residential property losses.
Our estimate for the ultimate costs of repairs may not prove to be correct because of increased demand for services and supplies in the areas affected by the catastrophes.
The number of incurred but not reported (IBNR) claims may be greater or less than currently anticipated.

We assume no obligation to update any forward-looking statements as a result of new information or future events or developments.

# # # #

Contacts:

Maryellen Thielen
Media Relations
(847) 402-5600

Robert Block
Investor Relations
(847) 402-2800

Corporate: Allstate to Present at Sanford Bernstein Investor Conference

Tue, 14 May 2013 10:00:00 -0500

This release contains: 1 Photo, 1 Related Document

The Allstate Corporation (NYSE: ALL) announced that Thomas J. Wilson, its chairman, president and chief executive officer, will present at the Sanford C. Bernstein 29th Annual Strategic Decisions Conference 2013 at 8 a.m. Eastern Time on Wednesday, May 29. The conference is being held at the Waldorf-Astoria in New York.

An audio webcast of the presentation can be accessed at www.allstateinvestors.com. For those unable to hear the live event, a webcast replay will be posted on the investor relations and executive speeches sections of the company's website shortly after the presentation ends.

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Contact:

Maryellen Thielen
(847) 402-5600

Corporate: Business Technology Group Honors Allstate Executive

Thu, 02 May 2013 16:10:00 -0500

CIO Executive Council names SVP Pete Corrigan as one to watch
This release contains: 1 Photo, 1 Related Document

With a record of technical expertise and business vision, Allstate technology executive Pete Corrigan has been awarded a 2013 CIO Ones to Watch Award from IDG's CIO magazine and the CIO Executive Council.

Corrigan, senior vice president, Technology and Operations for Allstate, is among 20 award winners being recognized. He will accept the award during a ceremony scheduled for May 7, 2013, at CIO magazine's Leadership Event.

"At Allstate, we value and reward customer focus, excellence in execution, and creative and innovative thinking," said Suren Gupta, executive vice president. "Pete has excelled in all these areas and is highly respected for his business knowledge and technology expertise. He is a leader that will make change happen and is highly deserving of this award."

Corrigan currently works to develop and execute the technical elements of business strategies. Among his recent successes has been to lead, from a technology perspective, the adoption of the new eAgent software system, which provides agents a comprehensive way to manage their customers. An overwhelming percentage of agents have already opted in for this new tool to strengthen customer relationships and better serve their needs. In 2006, Corrigan consolidated four data centers into two best-in-class centers, with one of them earning Gold-level LEED certification.

Throughout Corrigan's career, he has garnered business results by focusing on the growth and development of talent. He is recognized as the founder of Allstate's Emerging Leader Program which, for over 10 years, has helped create new leaders for Allstate's technology team; the program has been so effective that in 2013 it was expanded to encompass all of Allstate's business areas.

Corrigan's "Good Hands" extend to the community in which he lives and works. He has served as a member of his local school board for four years, leading both the technology and expense committees. The technology committee developed and implemented a strategic plan providing a state-of-the-art computer training center and a computer to every student. In addition, he has led the Allstate Helping Hands committee as it coordinates volunteer efforts to help deserving organizations.

"This year's group of Ones to Watch honorees bring a sharp sense of business savvy and technology leadership to their companies," says Maryfran Johnson, Editor in Chief, CIO magazine & Events. "They've all demonstrated the kind of innovative spirit, focus and determination that future CIOs will need in such abundance."

The Allstate Corporation (NYSE: ALL) is the nation's largest publicly held personal lines insurer, serving approximately 16 million households through its Allstate, Encompass, Esurance and Answer Financial brand names and Allstate Financial business segment. Allstate branded insurance products (auto, home, life and retirement) and services are offered through Allstate agencies, independent agencies, and Allstate exclusive financial representatives, as well as via www.allstate.com, www.allstate.com/financial and 1-800 Allstate®, and are widely known through the slogan "You're In Good Hands With Allstate®." As part of Allstate's commitment to strengthen local communities, The Allstate Foundation, Allstate employees, agency owners and the corporation provided $29 million in 2012 to thousands of nonprofit organizations and important causes across the United States.

About CIO and the CIO Executive Council: CIO is the premier content and community resource for information technology executives and leaders thriving and prospering in this fast-paced era of IT transformation in the enterprise. The award-winning CIO portfolio—CIO.com, CIO magazine (launched in 1987), CIO executive programs, CIO custom solutions, CIO Forum on LinkedIn, CIO Executive Council and CIO primary research—provides business technology leaders with analysis and insight on information technology trends and a keen understanding of IT's role in achieving business goals. Additionally, CIO provides opportunities for IT solution providers to reach this executive IT audience. The CIO Executive Council is a global professional association of CIOs and senior IT leaders from more than 700 organizations that serve as an unbiased peer advisory network. This member-driven organization is also dedicated to leadership development for current and future IT business leaders and to the advancement of the CIO role and IT profession. CIO is published by IDG Enterprise, a subsidiary of International Data Group (IDG), the world's leading media, events, and research company. Company information is available at http://www.idgenterprise.com/.

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Contact:

Kevin Smith
Kevin.smith4@allstate.com
(847) 402-5600

Corporate: Allstate Reports Solid First Quarter 2013 Earnings

Wed, 01 May 2013 15:26:00 -0500

This release contains: 1 Photo, 1 Related Document

The Allstate Corporation (NYSE: ALL) today reported financial results for the first quarter of 2013:

http://www.allstateinvestors.com/phoenix.zhtml?c=93125&p=irol-qii2013

Corporate: Allstate Announces March Catastrophe Loss Estimate

Thu, 18 Apr 2013 08:47:00 -0500

This release contains: 1 Photo, 1 Related Document

The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of March 2013 of $198 million, pre-tax ($129 million after-tax), and an estimated $359 million, pre-tax ($233 million after-tax), for first quarter 2013. Catastrophe losses occurring in the first quarter comprised nine events at an estimated cost of $391 million, pre-tax, partially offset by favorable reserve reestimates of prior year catastrophe losses. One severe weather event accounted for over half of the estimated loss for the quarter.

Our policyholders' ability to report and our ability to adjust claims have been impeded by the extent of the devastation and the number of areas affected.
It is particularly difficult to assess the extent of damage in the initial stages of adjusting residential property losses.
Our estimate for the ultimate costs of repairs may not prove to be correct because of increased demand for services and supplies in the areas affected by the catastrophes.
The number of incurred but not reported (IBNR) claims may be greater or less than currently anticipated.

We assume no obligation to update any forward-looking statements as a result of new information or future events or developments.

# # # #

Contacts:

Maryellen Thielen
Media Relations
(847) 402-5600

Robert Block
Investor Relations
(847) 402-2800

Corporate: Allstate "Reality Rides℠" Tour Merges Virtual Technology and Driving to Combat Distractions on the Road

Mon, 15 Apr 2013 09:00:00 -0500

New 2013 national campaign will visit more than 20 cities across America
This release contains: 4 Videos, 1 Photo, 2 Related Documents

Allstate Insurance Company will build upon its efforts to bring awareness around distraction-free driving with a new national campaign tour, called "Reality Rides℠." Allstate Reality Rides will travel to more than 20 American cities to bring a driving simulator that demonstrates the dangers of distracted driving. From community events to high school assemblies and safe driving advocacy programs, Reality Rides will tour a variety of venues in an effort to reach a wide range of drivers.

"The Allstate Reality Rides tour is an innovative, engaging approach to raising awareness about the importance of distraction-free driving," said Sanjay Gupta, executive vice president of marketing, innovation and corporate relations at Allstate Insurance Company. "We'll be going to communities across the country to gain awareness about the dangers of cell phone use and texting behind the wheel. Advocating for driver safety is an important part of Allstate's legacy and this outreach effort will build on our commitment to keep our kids and all drivers safer on the roads."

Reality Rides consists of a driving simulator that utilizes a real - but stationary - vehicle equipped with virtual reality technology, including a headset that displays an animated environment and reacts to the driver's motions. Using the car's steering wheel, gas and brake pedals, the driver is tasked with driving while also attempting to text and talk on the phone.

These simulations demonstrate the potential consequences distracted drivers could face while on the road. To add impact to the simulations, participants are given traffic "tickets" that reveal potential infractions a driver could receive if the experience happened in real life. Participants will also have the opportunity to take the Allstate X the TXT™ pledge that promises to not text and drive.

Allstate continues to advocate for distracted driving prevention because in 2010 and 2011 more than 3,000 deaths from crashes with a distracted driver occurred each year. Studies have shown drivers who text are 23 times more likely to crash, and texting while driving is the equivalent to driving impaired after drinking four beers.

Car crashes are the number one cause of death for everyone in the U.S. ages 1-34, with teens crashing four times more often than any other age group. Stronger teen driving laws, referred to as Graduated Driver Licensing (GDL), have been shown to reduce traffic fatalities by as much as 40 percent in the states where they have been adopted. Additionally, recent research from The Allstate Foundation's License to Save report found that comprehensive GDL laws could save an estimated 2,000 lives and $13.6 billion annually.

To track the Allstate Reality Rides tour and see photos of participants, visit facebook.com/xthetxt. While there, check out information and resources, engage in the conversation and invite family and friends to take action in support of stronger teen driving laws.

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Contact:

Kari Mather
847-402-5600
kari.mather@allstate.com

Kate Hollcraft
847-402-5600
kate.hollcraft@allstate.com

Corporate: Allstate to Discuss First Quarter 2013 Earnings With Investors

Tue, 09 Apr 2013 10:14:00 -0500

This release contains: 1 Photo, 1 Related Document

The Allstate Corporation (NYSE: ALL) will conduct a conference call and webcast at 9 a.m. Eastern Time (ET) on Thursday, May 2 to discuss first quarter 2013 earnings. The company will issue a news release announcing quarterly results at or after 4:05 p.m. ET on Wednesday, May 1. Shortly thereafter, the company plans to post supplementary financial and statistical information online and file its quarterly 10-Q. These materials will be available on Allstate's website at www.allstateinvestors.com.

The investor webcast also can be accessed at www.allstateinvestors.com. For those unable to participate in the live event, a webcast replay and downloadable MP3 file will be posted on the company's website shortly after the event ends.

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Corporate: Allstate Chairman Thomas J. Wilson to Speak at SABEW Spring Conference

Tue, 26 Mar 2013 10:00:00 -0500

This release contains: 1 Photo, 1 Related Document

Thomas J. Wilson, chairman, president and chief executive officer of The Allstate Corporation, will address the Society of American Business Editors and Writers (SABEW) at its spring conference on Friday, April 5 in Washington, D.C.

As the world's oldest and largest association of business and economic journalists, SABEW brings together business journalists, business leaders and top government officials to discuss major issues of the day.

WHO:	Thomas J. Wilson, chairman, president and chief executive officer of The Allstate Corporation.
WHAT:	Post-Great Recession, Opportunity and Risk Presentation and Q&A session
WHEN:	Friday, April 5, 2013 11-11:30 a.m. ET
WHERE:	Grand Ballroom, Marvin Center George Washington University, Washington, D.C.
RESOURCES:	Wilson biography Wilson photograph
CONTACT:	Brian Faith (847) 402-5600

Corporate: FEMA Exercise Puts Northfield Township First Responders to the Test

Tue, 05 Mar 2013 11:37:00 -0600

Allstate Insurance hosts national training initiative
This release contains: 1 Photo, 1 Related Document

The Northfield Township Road District brought together first responders from the villages of Northbrook, Northfield and Glenview, along with the Cook County Department of Homeland Security and Emergency Management, to participate jointly in a Federal Emergency Management Agency (FEMA) Virtual Tabletop Exercise.

The exercise was hosted by Allstate Insurance Company as part of its ongoing efforts to establish and strengthen collaborative public-private partnerships in disaster response and recovery. The simulation allowed Northfield Township's local jurisdictions to gather together and discuss collectively how they would manage the emergency as presented.

"Allstate was pleased to partner with first responders in our community and host this event," said Brandi Landreth, director of facilities, security and BCP for Allstate. "Planning and preparation before a crisis strikes can have a substantial effect in improving response and mitigating damage during an event."

Northfield Township Road District's application on behalf of the participating local jurisdictions was part of a competitive selection process by FEMA's training arm, the Emergency Management Institute. The Road District's application was one of just 10 sites selected from more than 60 applications nationally to participate in today's exercise. Northfield Township's combined application was selected as a host site "due in large part to the multi-jurisdictional approach," said training specialist Todd Wheeler of the Emergency Management Institute.

"Communication, coordination, and collaboration are the keys to a successful response and recovery from a disaster situation," Wheeler said. "Participation across boundaries as well as up the ladder at the county level and reaching across to the private sector demonstrates that the response organizations in local government in this area already have a big head start. We don't always see that."

The table top exercise focused on a weather disaster, the scenario being that a tornado struck portions of Northfield Township, Glenview, Northfield and Northbrook. Teams were charged with initiating their responses to injuries, power outages, damaged homes and businesses, blocked streets, and media inquiries, all while coordinating their efforts with other agencies and non-governmental bodies like the American Red Cross.

The event gave participants an opportunity to assess and improve their preparedness, response and recovery plans, which is the core intent of Emergency Management Institute exercises. By allowing first responders to match their plans against a detailed exercise scenario, participants were able to evaluate the key challenges posed by the scenario, and they could then share their outcomes and observations with EMI facilitators who would bring that new information back to the Institute.

Cook County Department of Homeland Security and Emergency Management Executive Director Michael Masters said, "Under the leadership of President Toni Preckwinkle, Cook County is working to ensure that we are prepared for all incidents, whether man-made or natural. Failing to prepare is preparing to fail. Events such as this – which bring together stakeholders from the public and private sectors, at all levels – place us in a better position to ensure that we do not fail. We commend this effort, and appreciate the opportunity to participate."

The exercise was just one step in an ongoing process for Northfield Township's jurisdictions to work collectively together to raise the area's level of preparedness and improve its capabilities to respond and recover from a local or regional catastrophic event.
The Allstate Corporation (NYSE: ALL) is the nation's largest publicly held personal lines insurer, serving approximately 16 million households through its Allstate, Encompass, Esurance and Answer Financial brand names and Allstate Financial business segment. Allstate branded insurance products (auto, home, life and retirement) and services are offered through Allstate agencies, independent agencies, and Allstate exclusive financial representatives, as well as via www.allstate.com, www.allstate.com/financial and 1-800 Allstate®, and are widely known through the slogan "You're In Good Hands With Allstate®." As part of Allstate's commitment to strengthen local communities, The Allstate Foundation, Allstate employees, agency owners and the corporation provided $29 million in 2012 to thousands of nonprofit organizations and important causes across the United States.

# # #

Contact:

Laura Strykowski, Allstate
laura.strykowski@allstate.com
(847) 402-5600

Robert E. Dunne, Northfield Township Road District
rdunne@northfieldtownship.com
(847) 724-7055

Corporate: Allstate to Present at Raymond James 34th Annual Institutional Investors Conference

Tue, 26 Feb 2013 10:16:00 -0600

This release contains: 1 Photo, 1 Related Document

The Allstate Corporation (NYSE: ALL), the nation's largest publicly held personal lines insurer, announced that Robert Block, Allstate's senior vice president of investor relations, will present at the Raymond James 34th Annual Institutional Investors Conference at 10:25 a.m. Eastern Time on Tuesday, March 5. The conference is being held at JW Marriott Grande Lakes in Orlando, Fla.

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Corporate: Allstate Recognizes Retiring Directors

Wed, 20 Feb 2013 10:11:00 -0600

This release contains: 1 Photo, 1 Related Document

The Allstate Corporation (NYSE: ALL) announced that Joshua I. Smith, 71, and W. James Farrell, 70, will not stand for re-election to its board of directors at Allstate's annual stockholders meeting scheduled for May 21, 2013. Smith is reaching the retirement age set by Allstate's board policy, and Farrell has decided for personal reasons not to stand for re-election one year before reaching retirement age. With their retirements, the Allstate board will have 12 members.

Joshua Smith has served on the Allstate board since 1997, currently as a member of the compensation and succession and the nominating and governance committees. With more than a decade of experience leading The Coaching Group, a management consulting firm, Smith contributed extensive executive leadership and management experience to the Allstate board. His considerable expertise with entrepreneurial enterprises, specifically with small, minority- and women-owned businesses, provided the board with valuable insights on managing Allstate's relationships with its agencies. In addition, Smith's service on the boards of Caterpillar, Comprehensive Care Corporation and Federal Express enhanced the board's insights into corporate governance and executive compensation practices.

W. James Farrell has been an Allstate director since 1999, currently serves as chair of the compensation and succession committee and is a member of the nominating and governance committee, where he also served as chair from 2006 until 2012. In addition, he has been a member of the executive committee since 2010. As chairman of Illinois Tool Works from 1996 until his retirement in 2006, Farrell lent his management expertise and keen understanding of the interrelationship between long-term and short-term business strategies to his varied roles on Allstate's board. In addition, Farrell's service on the boards of 3M, Abbott and United Continental gave him an in-depth understanding of compensation programs and executive talent that were integral to Allstate board decisions in these areas.

"Allstate's board is composed of directors possessing strong expertise and experience in strategic oversight, corporate governance, stockholder advocacy and leadership," said Thomas J. Wilson, chairman, president and chief executive officer. "In particular, our directors have taken an active role in enhancing our company's best practices as we actively solicited and acted upon investor feedback on compensation and other corporate governance matters.

"We thank Josh and Jim for their many years of outstanding service as Allstate directors and wish them all the best in their retirements," Wilson said.

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Contact:

Maryellen Thielen
(847) 402-5600

Corporate: Allstate Elects Herbert L. Henkel to Board

Mon, 18 Feb 2013 12:32:00 -0600

This release contains: 1 Photo, 1 Related Document

The Allstate Corporation (NYSE: ALL) announced that Herbert L. Henkel, 64, retired chairman of Ingersoll-Rand Company, has been elected to its board of directors, effective March 1, 2013. Henkel will stand for election with all other board members at Allstate's shareholder meeting in May.

"We are thrilled to have Herb join the board, as his experience in leading a complex global company and in corporate governance will enable us to continue providing the expertise and oversight necessary to create shareholder value," said Thomas J. Wilson, chairman, president and chief executive officer. "He will further expand our board's strong capabilities in strategic oversight, corporate governance and shareholder advocacy."

"Allstate is a highly regarded company with its strategy to serve distinct consumer segments," Henkel said. "I look forward to contributing to Allstate's future success."

Henkel was Ingersoll-Rand's chief executive officer from 1999 until his retirement in February 2010, and served as the company's chairman from 2000 until June 2010. He joined Ingersoll-Rand, a manufacturer of commercial and industrial products, as president and chief operating officer in 1999. Earlier in his career, Henkel held senior leadership roles at Textron, Inc., Southern Fastening Systems and Unifast Industries. Henkel currently serves on the boards of 3M Company and C.R. Bard, Inc.

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Contact:

Maryellen Thielen
(847) 402-5600

Corporate: Allstate Reports Strong 2012 Earnings and Increases Cash Returns to Shareholders

Wed, 06 Feb 2013 15:43:00 -0600

This release contains: 1 Photo, 1 Related Document

The Allstate Corporation (NYSE: ALL) today reported financial results for the fourth quarter and full year 2012:

http://www.allstateinvestors.com/phoenix.zhtml?c=93125&p=irol-qii2012

Corporate: Allstate to Present at Bank of America/Merrill Lynch2013 Insurance Conference

Tue, 05 Feb 2013 07:00:00 -0600

This release contains: 1 Photo, 1 Related Document

The Allstate Corporation (NYSE: ALL), the nation's largest publicly held personal lines insurer, announced that Thomas J. Wilson, its chairman, president and chief executive officer, will present at the Bank of America/Merrill Lynch Insurance Conference at 1:10 p.m. Eastern Time on Wednesday, Feb. 13. The conference is being held at the New York Palace Hotel in New York.

A webcast of the presentation can be accessed at www.allstateinvestors.com. For those unable to hear the live event, a replay will be posted on the investor relations and executive speeches sections of the company's website shortly after the presentation ends.

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Contact:

Maryellen Thielen
(847) 402-5600

Corporate: Allstate Executive Vice President Joan Walker to Retire

Mon, 14 Jan 2013 13:00:00 -0600

This release contains: 1 Photo, 1 Related Document

The Allstate Corporation (NYSE:ALL) announced today that Joan Walker, executive vice president, Corporate Relations, will retire from Allstate after seven years of dedicated service. Since joining Allstate in 2005, Walker has been a member of the company's Senior Leadership Team and served as Allstate's chief communication officer. She also served as the company's interim chief marketing officer from 2007 to 2009.

"Joan has had tremendous success leading the company's communication and corporate reputation efforts during a time of significant external change," said Thomas J. Wilson, chairman, president and chief executive officer. "She has been a great partner and strategic counselor and we're particularly proud of her leadership in directing Allstate's philanthropic initiatives. We thank her for her service and wish her all the best."

"My time at Allstate has been very rewarding and I'll always value the opportunity I've had to contribute to a company with such strong commitment to its customers and the communities it serves across the country," said Walker. "I'm confident the company's best days are ahead under the strong leadership of Allstate's executive team. I'll miss the terrific group of individuals who make up Allstate's Corporate Relations department."

Before joining Allstate in 2005, Walker was executive vice president of marketing and communications for Qwest Communications International. Previously, she was senior vice president, global public affairs for Pharmacia and earlier served as a partner in the Bozell Sawyer Miller group and in governmental and educational roles.

Walker currently serves as a member of many civic and cultural organizations, including as a board member of WTTW-11 and the Peggy Notebaert Nature Museum, as well as a member of the Arthur W. Page Society, the Chicago Network and the Clinton Global Initiative, including serving on its Planning Committee. She previously served on the boards of numerous Chicago community organizations, including the Art Institute of Chicago, Brookfield Zoo, the Chicago Children's Museum, Prentice Women's Hospital Northwestern Memorial and the Medill School of Journalism at Northwestern University.

She received a bachelor's degree in sociology from Douglass College at Rutgers University and a master's degree in sociology from Rutgers University.

The Allstate Corporation (NYSE: ALL) is the nation's largest publicly held personal lines insurer, serving approximately 16 million households through its Allstate, Encompass, Esurance and Answer Financial brand names. Widely known by its slogan "You're In Good Hands With Allstate®," Allstate offers insurance products (auto, home, life and retirement) and services through Allstate agencies, independent agencies, and Allstate exclusive financial representatives, as well as via www.allstate.com and 1-800 Allstate®. As part of Allstate's commitment to strengthen local communities, The Allstate Foundation, Allstate employees, agency owners and the corporation provided $28 million in 2011 to thousands of nonprofit organizations and important causes across the United States.

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Contact:

Brian Faith
(847) 402-5600

Corporate: Allstate to Discuss Fourth Quarter 2012 Earnings With Investors

Wed, 09 Jan 2013 10:26:00 -0600

This release contains: 1 Photo, 1 Related Document

The Allstate Corporation (NYSE: ALL) will conduct a conference call and webcast at 9 a.m. Eastern Time (ET) on Thursday, February 7 to discuss fourth quarter 2012 earnings. The company will issue a news release announcing quarterly results at or after 4:05 p.m. ET on Wednesday, February 6. Shortly thereafter, the company plans to post supplementary financial and statistical information online. These materials will be available on Allstate's website at www.allstateinvestors.com.

The company's 2012 Annual Report on Form 10-K will be filed by its due date of March 1.

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Corporate: Allstate Announces New Share Repurchase Program

Mon, 17 Dec 2012 15:17:00 -0600

This release contains: 1 Related Document

The Allstate Corporation (NYSE: ALL) today announced that its board of directors has approved a share repurchase program of up to $1 billion to be funded by issuing a like amount of subordinated debentures.

"Allstate has consistently provided cash returns to shareholders with a total of $19.3 billion paid out in dividends and share repurchases over the last 10 years, including the recent conclusion of a $1 billion program. Repurchasing stock at today's low multiples by issuing securities with equity-like terms takes advantage of historically low yields in the market and reduces our cost of capital," said Thomas J. Wilson, Allstate's chairman, president and chief executive officer. "We remain financially strong, with all insurance subsidiaries appropriately capitalized and $2.3 billion of deployable assets at the holding company level as of September 30, 2012, which can be utilized to further increase shareholder value," concluded Wilson.

The hybrid securities are expected to be issued over the year and the share repurchase program will begin immediately. Shares will be acquired through open market purchases and may include an accelerated repurchase program. The program is expected to be completed by December 31, 2013. While these capital management actions are being executed, the company may choose to initiate additional share repurchase programs.

This news release contains "forward-looking statements" that anticipate results based on our estimates, assumptions and plans that are subject to uncertainty. We believe that these statements are based on reasonable estimates, assumptions and plans. However, if the estimates, assumptions or plans underlying the forward-looking statements prove inaccurate or if other risks or uncertainties arise, actual results could differ materially from those communicated in these forward-looking statements. These statements are made subject to the safe-harbor provision of the Private Securities Litigation Reform Act of 1995. We assume no obligation to update any forward-looking statements as a result of new information or future events or developments.

Allstate has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents Allstate has filed with the SEC for more complete information about Allstate and this offering. You may obtain these documents free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, Allstate will arrange to send you the prospectus if you call 1-800-416-8803 toll-free to request it.

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Corporate: Allstate Elects Kermit R. Crawford to Board

Mon, 17 Dec 2012 09:56:00 -0600

Board Increased to 13 Directors
This release contains: 1 Related Document

The Allstate Corporation (NYSE: ALL) announced that Kermit R. Crawford, 53, Walgreen Co. president of pharmacy, health and wellness, has been elected to its board of directors, effective January 30, 2013. Crawford's election will increase the number of Allstate board members to 13. Crawford will stand for election at Allstate's shareholder meeting in May, as the company's board members are elected annually.

Crawford has been Walgreens president of pharmacy, health and wellness since 2010. He joined the company in 1983 as a pharmacist and successfully took on increasing operating responsibilities, becoming senior vice president of pharmacy services in 2007.

"Kermit's operating experience at a trusted national brand dedicated to providing an excellent customer experience will complement the strong capabilities of the Allstate board," said Thomas J. Wilson, chairman, president and chief executive officer. "His expertise is highly relevant to our strategy of providing unique products to different customer segments, the largest of which is served by local Allstate agencies."

"I am thrilled to be joining such a talented and respected board that helps keep Allstate at the forefront of change," said Crawford.

Crawford serves on the boards of the National Association of Chain Drug Stores, Northwestern Lake Forest Hospital, the American Diabetes Association (Northern Illinois and Indiana Region) and the Commercial Club of Chicago. He is also a member of the board of councilors at the University of Southern California School of Pharmacy and the apothecary board of advisors at Florida A&M University College of Pharmacy and Pharmaceutical Sciences. Crawford received his bachelor's degree from Texas Southern University College of Pharmacy and Health Sciences in 1983. Among other recognition, Crawford was honored by Chain Drug Review in 2009 as Pharmacy Executive of the Year.

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Contact:

Maryellen Thielen
(847) 402-5600

Corporate: NEW POLL: Addressing the Debt and Budget Deficit Tops Americans' "To Do" List for Lawmakers

Fri, 07 Dec 2012 06:30:00 -0600

15th Allstate-National Journal Heartland Monitor Poll Shows Americans Are Focused on Solutions, with Renewed Belief in the Importance of Long-Term Investments
This release contains: 1 Video, 1 Photo, 1 Related Document

After a campaign season of unprecedented expense and duration, taming the federal budget and avoiding the fiscal cliff top America's to-do list for President Obama and Congress, according to poll results announced today by The Allstate Corporation (NYSE: ALL) and National Journal. But in contrast to Washington's near exclusive focus on the budgetary standoff, the public expresses nearly equal concern about an array of other economic challenges, including the availability of jobs, Medicare and Social Security; quality of education; and rising costs of college and health care.

[Watch a live briefing on the latest Heartland Monitor Poll TODAY at 8:30 a.m., ET at http://www.nationaljournal.com/events.]

The 15th quarterly Allstate-National Journal Heartland Monitor Poll explores the public's economic priorities and concerns in the election's aftermath and their attitudes toward competing approaches to address these problems. The survey also finds that Americans are more positive about the direction of the country than they have been in quite some time; however, they remain skeptical of Washington's ability to effectively work together and address the nation's current challenges.

For the fourth Heartland Monitor poll in a row, the "Right Direction" metric increased and it is now at its highest level since the series' first poll in April 2009 (41% believe the country is heading in the right direction, compared to 50% who believe it's on the wrong track). However, Americans are less optimistic about their personal financial situation, led largely by Republicans who are likely unhappy about the election result.

Looking ahead to the next four years, Americans expect both sides to make compromises to get more done, though they are not sold on the reality of this happening. Less than half (43%) of respondents think it's likely that, over the next four years, the President and Congress will work together more than they did in the previous four, and there's considerable doubt about the budget situation improving.

"Fully aware of the challenges ahead, Americans want their leaders to compromise on a range of issues from the deficit and stabilizing Social Security to creating jobs and improving education. Americans consider the budget deficit and national debt to be top priorities for elected officials in Washington, and we know from our research that more than half of Romney voters and nearly six-in-ten Obama voters support compromise across party lines to address our current challenges," said Joan Walker, executive vice president of corporate relations for Allstate. "The country wants the leadership in Washington to move past the partisan gridlock and come together, even if it means bending or breaking some hardline stances."

Americans say that the most important issue for policymakers should be addressing the debt and the budget deficit, but they balk at the idea of cutting the debt through a combination of tax increases and spending cuts. Ultimately, Americans want solutions to the country's budget woes, but they are highly protective of entitlement programs and they endorse continued public investment in infrastructure.

These results speak to the significant challenges faced by policymakers as they address not only the immediate task of avoiding the fiscal cliff, but also a long "to do" list over the next two to four years. And despite the significant challenges facing the country, the poll once again finds enduring signs of optimism.

"As from the beginning, the latest Heartland Monitor poll reveals that the strains of the Great Recession and its grueling aftermath have not cracked the public's bedrock optimism that America can meet the complex political and economic challenges confronting it," said Ronald Brownstein, editorial director of National Journal Group. "Exactly two-thirds of those polled say they believe the nation will eventually overcome these challenges—just as we've done with other major challenges throughout our history. Yet also like earlier surveys, this poll finds that optimism tempered by the fear that the hard times of recent years represent a new normal of diminished opportunity, particularly for young people, and widening insecurity."

Key findings from the 15th Allstate-National Journal Heartland Monitor Poll (PDF) include:

1) The highest priority on America's to-do list is to address the budget deficit and national debt. However, Americans are also highly protective of Social Security and Medicare, another high priority issue that can be at odds with debt reduction efforts.

A vast majority of Americans (83%) believes the budget deficit and national debt should be the top priorities for elected officials in Washington, followed by the status of Social Security and Medicare (82%) and the availability of good-paying jobs (79%).
Issues of lowest priority to Americans include the status of illegal immigrants (53%) and the state of the housing market (49%).
Consistent with previous Heartland Monitor polls, Americans are split roughly in thirds on the proper role of the federal government in the economy. 37% believe that government is not the solution, but the problem; 28% would like to see an active role for government in the economy but lack trust in their ability to do so effectively; 31% believe the government must play an active role in ensuring the economy works for "people like me."
When considering the most pressing economic issue facing the United States today, jobs and unemployment top the list with 30%, followed by spending (19%) and the deficit (15%) and wages not keeping up with prices (11%). 9% chose the "fiscal cliff" as the most pressing issue. Just 6% chose taxes as the most pressing issue.
51% of Democrats are concerned about jobs or wages while 54% of Republicans worry more about spending or the deficit.

2) While Americans are focused on near-term solutions to address the debt and deficit, a plurality of Americans (43%) believe investments in education, training, infrastructure, and research, would do the most to help the country improve in the long-term, even if it means continued deficits and tax increases.

In terms of longer-term efforts to improve the country, the top priority for Americans is a broad improvement in the education system to make it more affordable, accessible and relevant to today's job market.
When it comes to protecting our country's global competitiveness, Americans believe there should be renewed focus on improving early education in America, ensuring that more children learn fundamentals and graduate from high school.
Interestingly, when given the choice between two possible approaches for governing, 55% think that President Obama should take a visionary approach, focusing on long-term goals for the future. 40% believe he should focus on a practical approach to addressing our near-term challenges.
Republicans are alone in favoring a near-term practical approach (52%), while majorities of Independents (52%) and Democrats (65%) prefer a more long-term visionary approach.

3) Americans are more positive about the direction of the country and about President Obama than they have been in quite some time. However, they're still conflicted about the impact of Obama's policies.

41% believe the country is heading in the right direction, while 50% believe things are off on the wrong track. This is the highest right direction number since the first Heartland Monitor poll in April 2009.
Right Direction has now improved four surveys in a row, indicating that the positive swing may be about more than just post-election enthusiasm.
Democrats are the most optimistic, with 77% believing the country is headed in the right direction, up from 71% in December. Independents increased modestly from 26% to 32%, while Republicans only inched from 7% to 9%.
At 54%, President Obama's job approval is up five points from September (49%) and at its high point since the second Heartland Monitor in July 2009 (56%).
However, the President is still a very polarizing figure. 93% of Democrats approve of the job he's doing, while 87% of Republicans disapprove. Independents are nearly evenly split (48%-46%).
A majority of whites (54%) disapprove of the job he's doing, while African-Americans (84%) and Hispanics (78%) give him a strong endorsement.
Americans are in wide agreement on their dislike of Congress. 72% disapprove of the job Congress is doing, while only one-in-five (21%) approve. This is consistent across party lines.
When it comes to developing solutions to the country's economic problems, the President has his biggest advantage over Republicans in Congress since September 2009. 48% trust President Obama, while 32% trust Republicans in Congress.

4) Americans are generally optimistic about the direction of the economy and their personal finances. However, looking ahead over the next four years, there are some doubts about whether the country's fiscal challenges will improve. And, there is strong evidence to suggest that the Presidential election results have caused some to worry about their financial future.

44% expect the economy to improve over the next 12 months, while 31% believe it will become worse and 22% expect it to stay about the same as it is.
There is undoubtedly a political aspect to this opinion. 75% of Democrats and 74% of Obama voters believe the economy will improve over the next year while 63% of Republicans and 66% of Romney voters think it will get worse.
Looking ahead to the end of Obama's second term, by that point, 51% believe the country's economy will improve and just 27% believe it will become worse.
Regarding their personal financial situation, Americans are the least confident they've been in more than a year. This is notable because it contradicts the improving Right Direction sentiment and flies in the face of many positive economic indicators.
39% believe their personal financial situation will improve over the next year, while 36% think it will stay the same and 22% think it will become worse. The 22% "worse" number is up from 13% in September and the highest we've measured since 23% in March 2011.
The increase in personal financial concern is being driven largely by Republicans. In September, 30% believed their finances would improve over the next year and 21% thought they would become worse. In this poll, just 15% think their finances will improve while 44% believe they will become worse.

5) Looking ahead to the next four years, Americans expect both sides to make compromises to get more done though they are not sold on the reality of this happening. Regardless of the actions of policymakers, they ultimately believe that the country's problems can be overcome as Americans have always done in the past.

Regardless of who they supported in the recent election, Americans expect both parties in Washington to work together and make compromises to get more done, even if it means bending on some policies and preferences.
59% of Obama voters think that he should compromise with Republicans in Congress as opposed to remaining firm in his views.
54% of Romney voters want Republicans in Congress to compromise with President Obama and Congressional Democrats.
Less than half (43%) think it's likely that over the next four years the President and Congress will work together more than they did in the previous four. 45% believe things will be about the same between the President and Congress and 10% think there will be less cooperation.
Still, considering the challenges facing the country, including the deficit and debt, the slow recovery, high unemployment and deep political divide, a strong majority of Americans believe the country will overcome these challenges as it has in the past with other problems.
67% believe that "Americans will overcome these challenges in the foreseeable future, just like we've done with other major challenges throughout our history."
31% think that "Americans are facing a unique set of challenges that are so serious that we might not be able to overcome them."
This belief in Americans' ability to overcome challenges crosses party lines, with 54% of Republicans joining 62% of Independents and 85% of Democrats.

Notes to Editors

Survey Methodology
National Sample of 1,000 ADULTS AGE 18+
(Margin of Error is +/-3.1% in 95 out of 100 cases)
Conducted November 25-December 1, 2012 Via Landline and Cell Phone

About Allstate
The Allstate Corporation (NYSE: ALL) is the nation's largest publicly held personal lines insurer known for its "You're In Good Hands With Allstate®" slogan. Now celebrating its 80th anniversary as an insurer, Allstate is reinventing protection and retirement to help nearly 16 million households insure what they have today and better prepare for tomorrow. Consumers access Allstate insurance products (auto, home, life and retirement) and services through Allstate agencies, independent agencies, and Allstate exclusive financial representatives in the U.S. and Canada, as well as via www.allstate.com and 1-800 Allstate®. For an overview of the other Allstate-National Journal Heartland Monitor Polls, visit http://www.allstate.com/heartland-monitor. Additional information is available at www.storiesfromtheheartland.com.

About National Journal Group
National Journal is Washington's premier source for 360-degree insight on politics and policy. With up-to-the-minute breaking news and analysis at NationalJournal.com, the essential intelligence of National Journal Daily, the knowledge and depth of National Journal magazine, and the comprehensive campaign coverage of National Journal Hotline, National Journal delivers everything you need to know to stay ahead of the curve in Washington.

About FTI Consulting
FTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations protect and enhance enterprise value in an increasingly complex legal, regulatory and economic environment. With more than 3,800 employees located in 24 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges in areas such as investigations, litigation, mergers and acquisitions, regulatory issues, reputation management, strategic communications and restructuring. The company generated $1.56 billion in revenues during fiscal year 2011. More information can be found at www.fticonsulting.com.

###

Media Inquiries:
Kate Hollcraft, Allstate
kate.hollcraft@allstate.com
847-402-5600

Matthew Clark, FTI Consulting
matthew.clark@fticonsulting.com
202-728-8766

Natalie Raabe, The Atlantic
nraabe@theatlantic.com
202-266-7533

Corporate: Allstate Announces October Catastrophe Loss Estimate

Wed, 28 Nov 2012 08:18:00 -0600

This release contains: 1 Related Document

The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of October 2012 of $1.08 billion, pre-tax and net of reinsurance. Sandy was the largest of five October catastrophe events.

Pre-tax estimates of Sandy catastrophe losses are shown in the following table.

($ in millions)	Allstate brand	Encompass brand	Esurance brand	Total
Total, gross of reinsurance	$1,160	$110	$5	$1,275
Reinsurance recoverable	185	15	--	200
Total, net of reinsurance	$975	$95	$5	$1,075

The total gross loss estimate by state is 66% in New York, 20% in New Jersey and 14% in other states. Approximately $340 million of claim payments have been made as of November 26, 2012. Autos represent approximately 40% of the total gross losses, with 78% in New York, 19% in New Jersey and 3% in other states.

Loss estimates are generally based on claim adjuster inspections and the application of historical loss development factors to the extent we have been able to complete inspections in areas impacted by Sandy. Our loss estimates for Sandy are calculated in accordance with the coverage provided by our policies. Our homeowners policies specifically exclude coverage for losses caused by flood, but generally provide for coverage for physical damage caused by wind or wind-driven rain. Therefore, our homeowners estimates do not include estimates for losses caused by flood. Auto policyholders generally have coverage for physical damage due to flood if they have purchased optional auto comprehensive coverage.

Our catastrophe reinsurance program comprises several agreements. For a first event, our nationwide reinsurance agreement (which excludes New Jersey and Florida) effectively covers 95% of personal lines property and auto catastrophe losses up to $4.225 billion with Allstate retaining the first $750 million in qualifying losses. Our New Jersey agreement comprises three contracts with two contracts effectively covering 63% of personal lines property catastrophe losses up to $550 million with Allstate New Jersey retaining the first $150 million in qualifying losses, and the third contract effectively covering 32% of losses up to $465 million and 42% of losses between $465 million and $665 million with Allstate New Jersey retaining the first $165 million in qualifying losses. New Jersey auto losses are not covered by any of our reinsurance agreements. Our Pennsylvania agreement covers 95% of personal lines property catastrophe losses in excess of $100 million up to $200 million. We expect losses from Sandy will be contained within the first layer of the nationwide reinsurance agreement. We currently expect minimal recovery under the New Jersey reinsurance agreement and do not expect any recovery under the Pennsylvania reinsurance agreement. For detailed specifics of our catastrophe reinsurance program, please see our 2011 Form 10-K or the Reinsurance Update on the Quarterly Investor Info page of www.allstateinvestors.com.

Our policyholders' ability to report and our ability to adjust claims have been impeded by the extent of the devastation and the number of areas affected.
It is particularly difficult to assess the extent of damage in the initial stages of adjusting residential property losses.
Our estimate for the ultimate costs of repairs may prove to be incorrect because of increased demand for services and supplies in the areas affected by the catastrophes.
The number of incurred but not reported (IBNR) claims may be greater or less than currently anticipated.

We assume no obligation to update any forward-looking statements as a result of new information or future events or developments.

# # # #

Contacts:

Maryellen Thielen
Media Relations
(847) 402-5600

Robert Block
Investor Relations
(847) 402-2800

Corporate: Allstate to Present at Goldman Sachs Financial Services Conference

Tue, 27 Nov 2012 10:03:00 -0600

This release contains: 1 Related Document

The Allstate Corporation (NYSE: ALL), the nation's largest publicly held personal lines insurer, announced that Thomas J. Wilson, its chairman, president and chief executive officer, will present at the Goldman Sachs Financial Services Conference at 8:10 a.m. Eastern Time on Tuesday, Dec. 4. The conference is being held at the Conrad New York Hotel in New York.

# # #

Contact:

Maryellen Thielen
(847) 402-5600

Corporate: Allstate Provides Update on Pending October Catastrophe Loss Estimate

Thu, 15 Nov 2012 08:23:00 -0600

This release contains: 1 Related Document

The Allstate Corporation (NYSE: ALL) today announced that estimated catastrophe losses for the month of October 2012 will exceed $150 million, but an estimate cannot be made at this time. The company's practice is to release an estimate of monthly catastrophe losses on the third Thursday following month-end when the amount exceeds $150 million. Allstate will issue a catastrophe loss estimate for October when losses from Sandy can be estimated.

Our policyholders' ability to report and our ability to adjust claims have been impeded by the extent of the devastation and the number of areas affected; restrictions on access to the affected areas; gasoline shortages; and large areas of electricity outages.
It is particularly difficult to assess the extent of damage in the initial stages of adjusting residential property losses.
Our estimate for costs of repairs may prove to be incorrect because of increased demand for services and supplies in the areas affected by the catastrophes.
The number of incurred but not reported (IBNR) claims may be greater or less than currently anticipated.

We assume no obligation to update any forward-looking statements as a result of new information or future events or developments.

# # # #

Contacts:

Maryellen Thielen
Media Relations
(847) 402-5600

Robert Block
Investor Relations
(847) 402-2800

Corporate: Allstate Announces Quarterly Dividend

Tue, 06 Nov 2012 12:53:00 -0600

This release contains: 1 Related Document

The Allstate Corporation (NYSE: ALL) today announced a quarterly dividend of 22 cents on each outstanding share of the corporation's common stock, payable in cash on December 31, 2012 to stockholders of record at the close of business on November 30, 2012.

# # #

Contact:

Maryellen Thielen
(847) 402-5600

Corporate: Allstate Reports Strong Third Quarter 2012 Earnings

Wed, 31 Oct 2012 15:14:00 -0500

This release contains: 1 Related Document

The Allstate Corporation (NYSE: ALL) today reported financial results for the third quarter of 2012:

http://www.allstateinvestors.com/phoenix.zhtml?c=93125&p=irol-qii2012

Corporate: NEW POLL: Americans Stay Optimistic About 'Getting Ahead,' But With Lower Expectations

Wed, 03 Oct 2012 06:25:00 -0500

14th Allstate-National Journal Heartland Monitor Poll Shows a Continued Belief in the American Dream, Tempered by the Growing Income Gap
This release contains: 1 Video, 1 Related Document

Americans remain optimistic about their ability to "get ahead," even through a challenging economic recovery, but many have lowered their expectations about what that means in the face of rising college costs, jobs going overseas, and a growing income gap, according to poll results announced today by The Allstate Corporation (NYSE: ALL) and National Journal.

[Watch a live briefing on the latest Heartland Monitor Poll TODAY
at 11:30am ET (9:30AM MT) at http://www.nationaljournal.com/events.]

The 14th quarterly Allstate-National Journal Heartland Monitor Poll explores perceptions of upward mobility among Americans and sheds new light on the challenges and obstacles they face in their continued efforts to get ahead. Nearly half (48%) of Americans say they have more opportunity to get ahead than their parents did, and 73% say they expect to reach financial security and comfort in their lifetimes. Today, three in four Americans say getting ahead is harder than in the past, but an equal proportion have been able get ahead in their lifetime.

"Americans continue to hold an aspirational view of their own ability to get ahead in the future and the ability of the country to rebound, but they believe that achieving their life goals is harder than it used to be and the path to those goals is more uncertain," said Joan Walker, executive vice president of corporate relations for Allstate. "At the same time, the economic and psychological impact of the Great Recession clearly continues as Americans are recalibrating the very definition of what getting ahead means and increasingly seeking stability and security over riskier chances for upward mobility. Managing through a protracted period of stagnant job growth and depressed wages, reducing personal debt and grappling with higher education costs are all significant components of the new social and economic paradigm for middle-class families."

Most Americans, as in earlier generations, still believe they control their own destinies. Asked what plays the greatest role in determining whether they will succeed, about two-thirds identified either their own skills and hard work or their educational background; less than one in five said the key factor was the economy's overall state. Only about one in 20 assigned the most responsibility to either government policies or their ethnic and racial background.

But even while 76% of Americans say they've been able to get ahead financially over the course of their lives so far, nearly as many (75%) believe it is harder to do so today than in previous generations. Almost half (48%) say they have more opportunities than their parents did at the same age, but a greater number combined say they either have the same opportunities (28%) or fewer (23%). Minorities (at 61%) are more likely than whites (at 44%) to say they have more opportunities than their parents did.

And slightly more than half of Americans (51%) say the economic downturn has redefined what it means to "get ahead," defining success today as holding a job, paying bills, avoiding debt, and saving a little for the future, rather than bigger success factors, like steady increases in income, buying a home, or saving and investing more each year.

"The results of this poll capture the systemic strain between the bedrock American belief that anyone who works hard enough can succeed and the uneasy sense that persistent, and perplexing, headwinds in a globalized economy are making it harder for workers to get ahead," said Ronald Brownstein, editorial director for National Journal. "From it emerges a picture of a wary but resilient public that is systematically adjusting itself, more by necessity than choice, to an economic order in which nothing is more predictable than uncertainty."

Key findings from the 14th Allstate-National Journal Heartland Monitor Poll (PDF) include:

1) The overwhelming majority of Americans believe they live in the "land of opportunity," and most believe they are living the American Dream. However, they are less certain about the opportunities the next generation will have.

86% agree that America is the "land of opportunity," and 61% say they are living the American Dream.

- 72% of college graduates say they are living the American Dream, but only 46% of those with high school or less feel this way.

- Perceptions of "living the American Dream" increases with each higher income bracket, from 39% of those in households earning under $30k to 81% of those in $100k+ households.
48% of Americans say they have more opportunity to get ahead than their parents did, while 23% say they have less opportunity and 28% believe they have about the same opportunities.

- Consistent with previous Heartland Monitor Polls, African-Americans (75%) are far and away the most likely to believe they have more opportunity than their parents had.

- The biggest reason given by respondents when asked why they have had more opportunity than their parents is an improvement in education. 33% credit better schools, colleges and universities while others cite advances in technology and new opportunities in a changing economy.
32% of Americans believe the next generation will have more opportunities, 32% believe they will have less, and another 31% say they'll have about the same amount of opportunity.

- 63% of African-Americans believe the next generation will have more opportunities, compared to just 25% of whites and 49% of Hispanics.

- Those who worry about today's children having less opportunity cite poor government performance, rising national debt, and jobs going overseas as their biggest concerns. Those who are confident in the next generation's opportunities say they're encouraged by opportunities through better education and advancing technology.

2) Most Americans report having gotten ahead throughout their lives, and they are confident in their ability to do so in the future. But they also believe it is harder now than it has been in previous generations.

76% of Americans say they have been able to get ahead financially over the course of their lives.
66% of Americans, including 92% of African-Americans and 79% of Hispanics, say that they expect to get ahead over the next five-to-ten years.
75% of Americans believe that getting ahead is harder today than it has been in previous generations.

- Those who say that getting ahead is harder tend to attribute this change to "wages and income not keeping up with costs" (35%) and an uncertain economy (28%).

41% of Americans say their own skills and hard work play the biggest role in providing opportunity for them to get ahead and another 23% say their educational background plays the biggest role. These two personal attributes score higher in terms of opportunity potential than external factors like the state of the economy (18%), government policies (5%), income level (6%) and racial background (4%).
More than half of Americans (53%) believe that anyone who works hard still has a chance to succeed and live a comfortable life in America today. A sizeable minority feels otherwise - 43% believe that today's economy mostly rewards the rich and it's difficult for average people to get ahead.

- 56% of those making under $30k per year believe today's economy rewards the rich, but a majority in all higher income brackets takes the other side.
41% of Americans believe that a 4-year college or university provides a better opportunity to get ahead than either a technical/vocational education (27%) or on-the-job experience and training (24%). However, more than half of Americans (54%) believe a college education is an economic burden that is often too expensive and requires taking on debt.

3) More than half of Americans believe that the economic downturn has redefined what it means to "get ahead," and nearly half expect the nation's income gap to continue growing.

51% of Americans believe that the economic downturn has redefined what it means to "get ahead," believing that success today is about holding a job, paying bills, avoiding debt, and saving a little for the future, rather than about steady increases in income, buying a home, or saving and investing more each year.
Americans mostly see economic forces as the major obstacles to getting ahead:

- 79% - Companies sending jobs overseas

- 71% - Rising prices that make it harder to save and make investments

- 70% - The cost of college and graduate school education

- 65% - Competition for work from other countries

- 62% - Too many gains from economic growth are going to big companies and the richest Americans

- 61% - An education system that doesn't provide enough skills

- 58% - Taxes and government regulations

- 44% - Americans don't work as hard today as previous generations did

- 38% - Immigrants coming to this country and competing for jobs

- 34% - Unions aren't as strong as they used to be
47% of Americans believe that the income gap between the wealthiest Americans and average Americans will continue to grow over the next four years. 33% believe it will stay about the same, and just 13% believe it will get smaller.
Regarding government policies related to the economy, 39% believe that policies benefit mostly the wealthiest Americans, 17% believe they benefit the Middle Class, 12% believe they mostly benefit low-income Americans, and 24% believe they benefit all Americans.

4) Americans continue to grow slightly more optimistic about the direction of the country and they have a slightly more positive economic outlook.

35% of Americans now believe the country is headed in the right direction, the highest the Heartland Monitor Poll has tracked since September of 2009, when it hit 38%.

- 45% expect their personal financial situation to improve by this time next year, the highest percentage measured in the history of the Heartland Monitor Poll.

- 57% believe the economy will improve over the next 12 months, a slight dip from the Heartland Monitor Poll's earlier 2012 numbers but 7 points higher than measured in October of 2011.
49% of Americans approve of the job President Obama is doing, while 45% disapprove. These numbers are more positive for the president than the poll measured in May 2012, but his approval rating has still held between 44% and 51% for 11 straight Heartland Monitor polls.
In the race for president, Barack Obama leads Mitt Romney among likely voters by a margin of 50% to 43%. Obama leads by 8 points among Independents and by 14 points among women. Romney leads by 13 among seniors and takes 51% of the white vote.

Notes to Editors

Survey Methodology
National Sample of 1,250 ADULTS AGE 18+ - For Questions 1-19
National Sample of 1,000 ADULTS AGE 18+ - For Questions 20-55
(Margin of Error for a Sample of N = 1,250 is +/-2.77% in 95 out of 100 cases)
(Margin of Error for a Sample of N = 1,000 is +/-3.1% in 95 out of 100 cases)
Conducted September 15-19, 2012 Via Landline and Cell Phone

About Allstate
The Allstate Corporation (NYSE: ALL) is the nation's largest publicly held personal lines insurer. Widely known through the "You're In Good Hands With Allstate®" slogan, Allstate is reinventing protection and retirement to help nearly 16 million households insure what they have today and better prepare for tomorrow. Consumers access Allstate insurance products (auto, home, life and retirement) and services through Allstate agencies, independent agencies, and Allstate exclusive financial representatives in the U.S. and Canada, as well as via www.allstate.com and 1-800 Allstate®. As part of Allstate's commitment to strengthen local communities, The Allstate Foundation, Allstate employees, agency owners and the corporation provided $28 million in 2011 to thousands of nonprofit organizations and important causes across the United States.

For an overview of the other Allstate-National Journal Heartland Monitor Polls, visit http://www.allstate.com/heartland-monitor. Additional information is available at www.storiesfromtheheartland.com.

About FTI Consulting
FTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations protect and enhance enterprise value in an increasingly complex legal, regulatory and economic environment. With more than 3,800 employees located in 24 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges in areas such as investigations, litigation, mergers and acquisitions, regulatory issues, reputation management, strategic communications and restructuring. The company generated $1.56 billion in revenues during fiscal year 2011. More information can be found at www.fticonsulting.com.

# # #

Media Inquiries:

Kate Hollcraft, Allstate
kate.hollcraft@allstate.com
847-402-5600

Matthew Clark, FTI Consulting
matthew.clark@fticonsulting.com
202-728-8766

Taylor West, National Journal Group
twest@nationaljournal.com
202-266-7756

Corporate: Allstate to Discuss Third Quarter 2012 Earnings With Investors

Tue, 02 Oct 2012 14:20:00 -0500

This release contains: 1 Related Document

The Allstate Corporation (NYSE: ALL) will conduct a conference call and webcast at 9 a.m. Eastern Time (ET) on Thursday, Nov. 1 to discuss third quarter 2012 earnings. The company will issue a news release announcing quarterly results at or after 4:05 p.m. ET on Wednesday, Oct. 31. Shortly thereafter, the company plans to post supplementary financial and statistical information online and file its quarterly 10-Q. These materials will be available on Allstate's website at www.allstateinvestors.com.

# # #

Contact:

Maryellen Thielen
(847) 402-5600

Corporate: Heartland Monitor: Growing Optimism Favors Obama

Fri, 21 Sep 2012 09:50:00 -0500

Allstate-National Journal Heartland Monitor Poll Shows a Measurable Lead for Obama but a Statistical Dead Heat Within the Middle Class
This release contains: 1 Video, 1 Related Document

With a growing number of Americans believing the country is headed in the right direction, President Obama has taken a solid lead over Mitt Romney among likely voters, according to new poll results announced today by The Allstate Corporation (NYSE: ALL) and National Journal.

New figures from the quarterly Allstate/National Journal Heartland Monitor Poll, which will be released in full on September 28, 2012, show that 37% of likely voters feel the country is headed in the right direction, the highest percentage recorded in three years. Although a majority of voters (55%) still feel that America is on the wrong track, the poll shows that pessimism about the future of the country has hit its lowest point since April 2010.

Further evidence of America’s growing optimism came from 31% of likely voters who said they are better off today than they were at the time of the last presidential election, compared with 23% of all adults who indicated in December 2011 that they were better off today. Thirty-four percent of voters indicated they are worse off today than four years ago and 34% of voters are “about the same.”

Against this very modest lift in voter optimism, the data from the latest Heartland Monitor poll also show that 50% of likely voters would opt for President Obama were the election held today, compared with 43% for Governor Romney. Notably, among the 52% of likely voters who self-identify as Middle Class, the race is considerably tighter, with 48% supporting Obama and 46% supporting Romney.

“Overall the poll shows President Obama reassembling the ‘coalition of the ascendant’ that elected him in 2008 and again posting strong numbers among minorities, young people and college-educated whites, especially women,” said Ronald Brownstein, National Journal Editorial Director. “The silver lining for Republicans is that the president, even at this strong moment, hasn’t pushed past 50 percent support. But there are clear warning signs in this poll for Romney that he is unlikely to beat Obama unless he can cut into the president’s strength among the core groups in his coalition. Today, Romney is relying on too narrow a base of voters-particularly blue-collar and older whites-to win.”

Full results from the fourteenth installment of the Heartland Monitor poll will be released in next week’s National Journal magazine and then discussed on Wednesday, October 3, 2012, at 9 a.m. (local time) in Denver, Colorado at an event entitled “The Opportunity Debate: Upward Mobility and the American Dream.” The event, which takes place at the Sheraton Denver Downtown Hotel in advance of the Presidential Debate at the University of Denver, will explore Middle Class perspectives on economic security, social mobility and outlooks for the future. For more information or to register for the event, please visit: http://coheartland.eventbrite.com/

“What is clear about these initial findings from the fourteenth installment of the Heartland Monitor is that Middle Class Americans are still divided and remain uncertain about a great number of things, including their own personal financial situation and their trust in leadership and institutions. Those conclusions have been consistent in every Heartland Poll since 2009,” said Joan Walker, Executive Vice President, Corporate Relations, Allstate Insurance Company. “But what is especially heartening about these early findings from our upcoming Heartland Monitor aren’t the political implications, but rather the broad-based growth in optimism. The increase in hopefulness is only slight, but we can only be encouraged that it may be an indication of a longer-term trend.”

Since its inception, the Heartland Monitor Poll has focused on a wide range of issues providing important insights on attitudes toward retirement, unemployment, changing demographics, home ownership, education, manufacturing and the financial stability of American families. This research has helped to paint an increasingly complex picture of middle class Americans’ financial situation and political mindset that extends beyond the rhetoric and political discord that dominates public dialogue.

Key Findings Among Likely Voters from Heartland Monitor XIV

1. Right Direction / Wrong Track

37% of voters feel the United States, in general, is headed in the right direction.
55% of voters feel the United States, in general, is off on the wrong track.

2. Presidential Approval Rating

Total Approve 50%
Total Disapprove 46%

3. Presidential ballot: If the election were held today, for whom would you vote:

President Obama – 50%
Governor Romney – 43%

4. Would you say you are better off, worse off, or about the same as you were at the time of the last Presidential election in 2008?

Better Off – 31%
Worse Off – 34%
About the Same – 34%

Survey Methodology
Since April 2009, the Allstate/National Journal Heartland Monitor Polls have explored American attitudes on the changing economy. The 14 polls, conducted by Ed Reilly and Jeremy Ruch of FTI Strategic Communications, a communications-strategy consulting firm, have surveyed between 1,000 and 1,200 adults each time, with a margin of error ranging between 2.8 and 3.1 percentage points. The most recent Heartland Monitor Poll was conducted September 15-19, 2012 via landline and cell phone and includes a national sample of 1,055 likely voters.The margin of error for this likely voter sample is +/-3%

For an overview of the other Allstate-National Journal Heartland Monitor Polls, visit http://www.allstate.com/heartland-monitor. Additional information is available at www.storiesfromtheheartland.com.

About National Journal Group
National Journal is Washington’s premier source for 360-degree insight on politics and policy. With up-to-the-minute breaking news and analysis at NationalJournal.com, the essential intelligence of National Journal Daily, the knowledge and depth of National Journal magazine, and the comprehensive campaign coverage of National Journal Hotline, National Journal delivers everything you need to know to stay ahead of the curve in Washington.

# # #

Media Inquiries:

Matthew Clark, Senior Vice President
FTI Consulting
202-728-8766
matthew.clark@fticonsulting.com

Taylor West, Communications Director
National Journal Group
202-266-7756
twest@nationaljournal.com

Corporate: Sanjay Gupta Named Executive Vice President and Chief Marketing Officer

Wed, 22 Aug 2012 11:05:00 -0500

Marketing and E-commerce Veteran Joins Largest Publicly-held U.S. Personal Lines Insurer
This release contains: 1 Related Document

Allstate (NYSE:ALL) today announced that Sanjay Gupta will join its senior leadership team as executive vice president and chief marketing officer. Gupta will be responsible for Allstate's marketing and consumer-focused initiatives to implement the strategy of offering unique products to different customer segments. Gupta will join Allstate effective September 1 and will report to Thomas J. Wilson, Allstate's chairman, president and chief executive officer.

"Sanjay's strategic and operating skills will further accelerate the implementation of our strategy to serve the four distinct customer segments in our marketplace," Wilson said. "His successful experience in branded consumer financial services, data analytics and electronic commerce will support increased customer loyalty, innovative product offerings and profitable growth in all of our businesses."

Gupta joins Allstate from Ally Financial, where as the chief marketing officer he led the global re-branding efforts and the rapid growth of the consumer deposit business. Prior to Ally, he was the senior vice president, Global Consumer and Small Business Marketing at Bank of America, where he spent seven years in a variety of marketing roles. Gupta has also held key marketing roles at SciQuest.com, Inc. and Federal Express. Gupta earned his bachelor's degree in Electronic Engineering from the University of Mumbai, India and his MBA from the University of Texas at Austin.

"I am excited to join Allstate's talented management team and look forward to leading the marketing programs for one of the strongest brands," Gupta said. "Allstate has a proven track record of introducing award-winning advertising and marketing campaigns, and I plan to continue to leverage those successes."

The Allstate Corporation (NYSE: ALL) is the nation's largest publicly held personal lines insurer. Widely known through the "You're In Good Hands With Allstate®" slogan, Allstate is reinventing protection and retirement to help nearly 16 million households insure what they have today and better prepare for tomorrow. Consumers access Allstate insurance products (auto, home, life and retirement) and services through Allstate agencies, independent agencies, and Allstate exclusive financial representatives in the U.S. and Canada, as well as via www.allstate.com and 1-800 Allstate®. As part of Allstate's commitment to strengthen local communities, The Allstate Foundation, Allstate employees, agency owners and the corporation provided $28 million in 2011 to thousands of nonprofit organizations and important causes across the United States.

# # #

Contact:

Laura Strykowski
847-402-5600
laura.strykowski@allstate.com
On Twitter @AllstateNews

Corporate: Allstate Reports Strong Second Quarter 2012 Earnings

Tue, 31 Jul 2012 15:15:00 -0500

This release contains: 1 Related Document

The Allstate Corporation (NYSE: ALL) today reported financial results for the second quarter of 2012:

http://www.allstateinvestors.com/phoenix.zhtml?c=93125&p=irol-qii2012

Corporate: Allstate Announces Quarterly Dividend

Tue, 24 Jul 2012 10:26:00 -0500

This release contains: 1 Related Document

The Allstate Corporation (NYSE: ALL) today announced a quarterly dividend of 22 cents on each outstanding share of the corporation's common stock, payable in cash on October 1, 2012 to stockholders of record at the close of business on August 31, 2012.

# # #

Contact:

Maryellen Thielen
(847) 402-5600

Corporate: Allstate Announces June Catastrophe Loss Estimate

Thu, 19 Jul 2012 09:54:00 -0500

This release contains: 1 Related Document

The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of June 2012 of $440 million, pre-tax, and an estimated $820 million, pre-tax, for the second quarter 2012. Catastrophe losses occurring in the second quarter comprised 30 events at an estimated cost of $960 million, partially offset by favorable reestimates of prior reported catastrophes. Four events accounted for over half of the estimated loss for the quarter.

This announcement is made as part of Allstate's previously announced plan to release month and quarter-to-date catastrophe losses when a monthly estimate exceeds $150 million. The company plans to release this information no later than the third Thursday of the following month.

Forward-Looking Statements and Risk Factors

This news release contains forward-looking statements about catastrophe losses. These statements are based on our estimates and assumptions that are subject to uncertainty. These statements are made subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Management believes the estimated impact of catastrophe losses, including net loss reserves, are appropriately established and recorded based on available facts, information, laws and regulations. However, actual results may differ materially from those projected in the forward-looking statements in this news release and from the amounts currently recorded for a variety of reasons, including the following:

Our policyholders' ability to report and our ability to adjust claims have been impeded by the extent of the devastation and the number of areas affected.
It is particularly difficult to assess the extent of damage in the initial stages of adjusting residential property losses.
Our estimate for the ultimate costs of repairs may not prove to be correct because of increased demand for services and supplies in the areas affected by the catastrophes.
The number of incurred but not reported (IBNR) claims may be greater or less than currently anticipated.

We assume no obligation to update any forward-looking statements as a result of new information or future events or developments.

# # # #

Contacts:

Maryellen Thielen
Media Relations
(847) 402-5600

Robert Block
Investor Relations
(847) 402-2800

Corporate: Allstate to Discuss Second Quarter 2012 Earnings With Investors

Tue, 10 Jul 2012 10:00:00 -0500

This release contains: 1 Related Document

The Allstate Corporation (NYSE: ALL) will conduct a conference call and webcast at 9 a.m. Eastern Time (ET) on Wednesday, Aug. 1 to discuss second quarter 2012 earnings. The company will issue a news release announcing quarterly results at or after 4:05 p.m. ET on Tuesday, July 31. Shortly thereafter, the company plans to post supplementary financial and statistical information online and file its quarterly 10-Q. These materials will be available on Allstate's website at www.allstateinvestors.com.

The Allstate Corporation (NYSE: ALL) is the nation's largest publicly held personal lines insurer. Widely known through the "You're In Good Hands With Allstate®' slogan, Allstate is reinventing protection and retirement to help nearly 16 million households insure what they have today and better prepare for tomorrow. Consumers access Allstate insurance products (auto, home, life and retirement) and services through Allstate agencies, independent agencies, and Allstate exclusive financial representatives in the U.S. and Canada, as well as via www.allstate.com and 1-800 Allstate®.

# # #

Contact:

Maryellen Thielen
(847) 402-5600

Corporate: Allstate Hails Congressional Action That Will Help Save Thousands of Young Lives

Fri, 29 Jun 2012 15:15:00 -0500

Congress passes Surface Transportation Reauthorization Bill that addresses the epidemic of teen driving deaths
This release contains: 1 Photo, 1 Related Document

Allstate Insurance Company's Chairman, President and Chief Executive Officer Thomas J. Wilson today praised Congress for including incentive grants to encourage states to adopt optimal graduated driver licensing (GDL) laws as part of its just-passed Surface Transportation Reauthorization Bill. Allstate has been a leading and tireless advocate for graduated driver licensing provisions that help protect teen drivers.

"We applaud Congress for taking a major step forward to support efforts to reduce the number of teenagers that die in auto accidents. Our employees and agency owners are proud to be part of a bipartisan coalition of legislators, public safety officials and grieving parents that have led the effort to save thousands of teens who die every year," said Wilson.

Graduated driver licensing laws require new young drivers to gain experience under supervised and less risky conditions so they can become responsible and safe drivers. Research has shown these requirements can reduce fatalities by up to 40 percent.

"This legislation will provide incentives to states to ensure this research is fully considered in the establishment of their GDL standards. We will continue to work with state and local leaders to implement appropriate driver licensing laws," concluded Wilson.

For more information about Allstate's support of graduated driver licensing laws, please visit www.Allstate.com/STANDUP.

The Allstate Corporation (NYSE: ALL) is the nation's largest publicly held personal lines insurer, serving approximately 16 million households through its Allstate, Encompass, Esurance and Answer Financial brand names. Widely known by its slogan "You're In Good Hands With Allstate®," Allstate offers insurance products (auto, home, life and retirement) and services through Allstate agencies, independent agencies, and Allstate exclusive financial representatives, as well as via www.allstate.com and 1-800 Allstate®. As part of Allstate's commitment to strengthen local communities, The Allstate Foundation, Allstate employees, agency owners and the corporation provided $28 million in 2011 to thousands of nonprofit organizations and important causes across the United States.

# # #

Contact:
Brian Faith
(847) 402-5600

Corporate: Allstate Names Susie Lees General Counsel

Thu, 07 Jun 2012 14:41:00 -0500

This release contains: 1 Related Document

The Allstate Corporation (NYSE: ALL) today announced that Susie Lees, 54, has been named executive vice president and general counsel. After 30 years in the private sector, Michele Coleman Mayes, 62, executive vice president and general counsel, is retiring from her corporate career to leverage her capabilities in the nonprofit sector.

Lees brings 24 years of experience at Allstate to the position and is currently senior vice president, Allstate Financial law and deputy general counsel. She has held a variety of legal positions within Allstate and has successfully led many key initiatives. She holds an A.B. degree in political science from Brown University and a J.D. from the University of Oklahoma College of Law.

"Susie's breadth of experience, legal expertise and leadership skills will further build on the success of a legal team that rivals major law firms in scope and capabilities," said Thomas J. Wilson, chairman, president and chief executive officer.

During her tenure as general counsel, Mayes guided Allstate on legal and regulatory matters, public policy and corporate governance while championing inclusive diversity and the highest ethical standards.

"Michele has been a great partner over the last five years as we have proactively addressed the challenges from the financial market meltdown, embraced new regulatory requirements and taken action to improve returns in homeowners insurance," Wilson said. "She has also been a fabulous ambassador as we work to help victims of domestic violence."

"My experience at Allstate has been very rewarding and I'm proud of the legal team's accomplishments in advancing the company and supporting the communities we serve across the country," Mayes said. "With Allstate's strategy, leadership team and breadth of talent, I'm confident the company will build on its legacy of success."

"We know Michele's leadership and legal expertise will enable her to make a significant difference in the nonprofit world and we wish her well," Wilson concluded.

The Allstate Corporation (NYSE: ALL) is the nation's largest publicly held personal lines insurer, serving approximately 16 million households through its Allstate, Encompass, Esurance and Answer Financial brand names. Widely known by its slogan "You're In Good Hands With Allstate®," Allstate offers insurance products (auto, home, life and retirement) and services through Allstate agencies, independent agencies, and Allstate exclusive financial representatives, as well as via www.allstate.com and 1-800 Allstate®. As part of Allstate's commitment to strengthen local communities, The Allstate Foundation, Allstate employees, agency owners and the corporation provided $28 million in 2011 to thousands of nonprofit organizations and important causes across the United States.

# # #

Contact:

Brian Faith
(847) 402-5600

Corporate: NEW POLL: Americans Using Social Media Are More Engaged Consumers and Citizens, But Remain Skeptical of Social Media Trustworthiness

Thu, 07 Jun 2012 07:00:00 -0500

13th Allstate-National Journal Heartland Monitor Poll Shows Opportunities for Businesses and Political Leaders, But Authenticity and Openness Are Key
This release contains: 1 Related Document

Americans believe participation in social media makes them more informed and influential as both consumers and citizens, even as they express clear skepticism about the trustworthiness of the information they find there, according to poll results announced today by The Allstate Corporation (NYSE: ALL) and National Journal.

The 13th quarterly Allstate-National Journal Heartland Monitor Poll explored how Americans incorporate social media into their consumer and community behaviors. Its findings reveal important themes about trust and influence, even as leaders in the public and private sectors increasingly use social media to engage consumers and voters.

Nearly two out of three American adults surveyed used social media in the last month. Although social media users are somewhat younger, more educated and more affluent than non-users on average, they closely align with the overall American public in their opinions about politics and the economy, as well as their perceptions of major institutions.

However, social media users report significantly higher levels of political and community activity, including volunteering for a community organization (69% of social media users versus 49% of non-users), signing campaign or community petitions (68% of users versus 50% of non-users), or attending a campaign rally (32% of users versus 22% of non-users). Social media users also are more likely to consult with others about buying a product or service (79% of users versus 60% of non-users) or change their minds about a product or service because of others' opinions (64% of users versus 47% of non-users).

More than two-thirds of social media users, and 60% of all Americans, believe the Internet and social media have made it easier for them to be well-informed consumers. A plurality of Americans (47%) and social media users (55%) say these technologies have made them more well-informed and active as citizens and in the political sphere.

"That the explosion of available information and interconnectivity through social media is changing profoundly and very quickly how we communicate with each other and with business and government is beyond dispute. The greater question is whether these amazing new tools can also help make us more trustworthy in our messaging and in the end reanimate our free press and our free enterprise even as it helps reinvent those endeavors," said Joan Walker, Allstate executive vice president. "This poll shows that the jury is still out on these questions but suggests strongly that in social media there is much potential for good, creating more accessibility while demanding more authenticity to be successful. This is a recipe that I believe in the long run can help strengthen our social fabric."

Despite the positive impact many Americans see from their engagement in online and social media, they remain skeptical about the trustworthiness of the information they find there. More than two-thirds of Americans believe that major corporations and political candidates are active on social media mostly to advertise, collect information on customers or supporters, and increase their own success, either in profits or votes. They rate the trustworthiness of traditional news sources more highly than online information sources, including company or campaign websites, blogs, forums and social media sites. Americans also don't believe that social media engagement has given them more power or influence over corporations or the government, despite the personal benefits of being more well-informed.

Still, 64% of social media users say they'd like to see companies use social media for customer service purposes, and 59% say that corporate use of social media makes them more likely to see a company as "accessible and responsive." Users say the same about candidates and elected officials, but to a lesser extent.

"The results of this poll show that most Americans believe the emergence of constant communication is providing them better tools to make decisions under their immediate control, like choosing between cars or planning trips. But most don't believe these tools are increasing their leverage over the vast public and private institutions that shape the larger currents of American life," said National Journal editorial director Ronald Brownstein. "That dynamic is similar to the attitudes expressed in earlier Heartland Monitor polls about issues from retirement security to lifetime employment: in an economy that now offers individuals both more choices and more risks, most Americans have become reluctant individualists, trusting their own efforts, rather than any institution, to provide them security.""

Key findings from the 13th Allstate-National Journal Heartland Monitor Poll (PDF) include:

1. Nearly two out of three American adults are active on social media, and use is high among all demographic groups.

Social media users make up a large percentage of all demographic groups, including:
- 87% of those ages 18-29, 74% of those ages 30-49, 56% of those ages 50-64 and 34% of those ages 65 and older;
- 72% of college graduates, 69% of those with some college and 52% of those with a high school education;
- 76% of those with household incomes of $75,000+, 65% of those in $30,000 to $75,000 households and 55% of those in households making less than $30,000;
- 63% of whites, 70% of Hispanics and 61% of African-Americans.

More than half of American adults (51%) are on Facebook, 28% are on Google+, 13% are on Twitter, 12% are on LinkedIn, 6% are on Pinterest, and 5% are on MySpace.

2. Social media users report significantly higher levels of political and community activity. They're also more likely to report collaborating with others on making purchases or discussing products and services.

Social media users are considerably more likely than non-users to have:
- Volunteered for a community organization (69% versus 49%);
- Participated in a group related to a community issue (57% versus 43%);
- Donated money to a charitable cause (89% versus 81%);
- Signed a petition for a campaign or community issue (68% versus 50%);
- Attended a campaign rally (32% versus 22%);
- Volunteered for a political campaign (23% versus 15%).

In the consumer space, social media users also are more likely than non-users to:
- Consult with others about buying a product or service (79% versus 60%);
- Change their mind about a product or service because of the opinions of others (64% versus 47%);
- Participate in groups of fans or users of a product or service (31% versus 17%);
- Participate in groups concerned about a product or service (33% versus 18%).

3. Despite skepticism about its trustworthiness, Americans recognize the value of the information they receive from institutions through social media.

60% of Americans and 69% of social media users agree that social media and online information has made it easier for them to be well-informed consumers, because it is now easier to research and compare, and to communicate with companies and other customers.
A plurality of Americans (47%) and social media users (55%) say that social media and online information has made it easier for them to be well-informed citizens, because it's easier to research and compare candidates and also communicate with the government and other Americans.
When asked about what types of content they would like to see more of on social media, 64% say they want to see companies using social media for customer service purposes and 53% say they want to see more discussion among their personal contacts about experiences with a product or service.
59% of social media users say a company's social media activity makes them more likely to see a company as "accessible and responsive" and 49% said it makes them more likely to see a company as "transparent and open."

4. Americans are most likely to trust information when it comes from traditional media sources. In order from most to least positive, Americans place a "great deal" or "some" trust in:

Public TV and radio (75%)
Newspapers (71%)
Cable news (70%)
Network news (64%)
Magazines (57%)
Talk radio (53%)
Company websites (51%)
Advertisements (37%)
Blogs and online forums (34%)
Social media sites (30%)

5. As consumers and as citizens, Americans overwhelmingly view the social media efforts of major corporations and political campaigns/elected officials as a form of advertising instead of communication, and they do not feel they have become more influential in their dealings with corporations and the government.

69% of Americans (and 73% of social media users) believe that major corporations are active on social media mostly so they can more easily advertise, collect information about customers, increase their profits and compete with other companies.
Similarly, 69% of Americans (and 74% of social media users) believe that politicians are active on social media mostly to advertise their campaigns and positions, collect information about supporters and increase their chances of re-election.
23% of Americans (and 29% of social media users) say they have more influence in their dealings with major corporations than in recent years, while 27% (and 25% of social media users) say they have less. With the government, only 14% of Americans (and 14% of social media users) say they have more influence, while 35% (and 34% of social media users) say they have less.

6. Americans have grown slightly more optimistic about the direction of the country and they have a slightly more positive economic outlook.

33% of Americans now believe the country is headed in the right direction, up from 30% in the March 2012 Heartland Monitor survey. However, the optimism is exclusive to Democrats, 64% of whom say "right direction," while 64% of Independents and 84% of Republicans say "wrong track."
- 44% expect their personal financial situation to improve by this time next year, which is tied (with the December 2011 survey) for the highest percentage measured in the Heartland Monitor Poll.
- 62% believe the economy will improve over the next 12 months, the highest percentage the Heartland Monitor Poll has measured in two years.

President Obama's approval rating has slipped to 47%, compared to 51% in March 2012.
In the race for president, Barack Obama leads Mitt Romney among registered voters by a slim margin (44%-41%). Romney leads by 9 points among Independents and by 12 points among white voters. Obama leads by 1 point among men, by 4 points among women, and by wide margins among African-Americans and Hispanics.

Notes to Editors

Survey Methodology
A nationally representative survey of American adults conducted May 19-23, 2012, among 1,000 American adults age 18+. Respondents were reached via landline and cell phone. The survey has a margin of error of +/-3.1% in 95 out of 100 cases.

About FTI Consulting
FTI Consulting, Inc. is a global business advisory firm dedicated to helping organisations protect and enhance enterprise value in an increasingly complex legal, regulatory and economic environment. With more than 3,800 employees located in 24 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges in areas such as investigations, litigation, mergers and acquisitions, regulatory issues, reputation management, strategic communications and restructuring. The company generated $1.56 billion in revenues during fiscal year 2011. More information can be found at www.fticonsulting.com.

Media Inquiries:

Matthew Clark, Senior Vice President
FTI Consulting
202-728-8766
matthew.clark@fticonsulting.com
Taylor West, Communications Director
National Journal Group
202-266-7756
twest@nationaljournal.com

Corporate: Allstate Announces Quarterly Dividend

Mon, 21 May 2012 15:53:00 -0500

This release contains: 1 Related Document

The Allstate Corporation (NYSE: ALL) today announced a quarterly dividend of 22 cents on each outstanding share of the corporation's common stock, payable in cash on July 2, 2012 to stockholders of record at the close of business on June 1, 2012.

The Allstate Corporation (NYSE: ALL) is the nation's largest publicly held personal lines insurer, serving approximately 16 million households through its Allstate, Allstate Financial, Encompass, Esurance and Answer Financial brand names. Widely known by its slogan "You're In Good Hands With Allstate®," Allstate offers insurance products (auto, home, life and retirement) and services through Allstate agencies, independent agencies, and Allstate exclusive financial representatives, as well as via www.allstate.com and 1-800 Allstate®.

# # #

Contact:

Maryellen Thielen
(847) 402-5600

Corporate: Allstate Announces April Catastrophe Loss Estimate

Thu, 17 May 2012 08:18:00 -0500

This release contains: 1 Related Document

The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of April 2012 of $280 million, pre-tax. April catastrophe losses comprised 10 events.

Forward-Looking Statements and Risk Factors
This news release contains forward-looking statements about catastrophe losses. These statements are based on our estimates and assumptions that are subject to uncertainty. These statements are made subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Management believes the estimated impact of catastrophe losses, including net loss reserves, are appropriately established and recorded based on available facts, information, laws and regulations. However, actual results may differ materially from those projected in the forward-looking statements in this news release and from the amounts currently recorded for a variety of reasons, including the following:

- Our policyholders' ability to report and our ability to adjust claims have been impeded by the extent of the devastation and the number of areas affected.
- It is particularly difficult to assess the extent of damage in the initial stages of adjusting residential property losses.
- Our estimate for the ultimate costs of repairs may not prove to be correct because of increased demand for services and supplies in the areas affected by the catastrophes.
- The number of incurred but not reported (IBNR) claims may be greater or less than current anticipated.

We assume no obligation to update any forward-looking statements as a result of new information or future events or developments.

# # # #

Corporate: Allstate Reports Strong First Quarter 2012 Earnings

Wed, 02 May 2012 15:11:00 -0500

This release contains: 1 Related Document

The Allstate Corporation (NYSE: ALL) today reported financial results for the first quarter of 2012:

http://www.allstateinvestors.com/phoenix.zhtml?c=93125&p=irol-qii2012

Corporate: Allstate Announces March Catastrophe Loss Estimate

Thu, 19 Apr 2012 08:25:00 -0500

This release contains: 1 Related Document

The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of March 2012 of $190 million, pre-tax, and an estimated $260 million, pre-tax, for the first quarter of 2012. The first quarter catastrophe losses comprised 15 events at an estimated cost of $420 million, a result similar to first quarter 2011, partially offset by favorable reserve reestimates of prior year catastrophe losses.

Our policyholders' ability to report and our ability to adjust claims have been impeded by the extent of the devastation and the number of areas affected.
It is particularly difficult to assess the extent of damage in the initial stages of adjusting residential property losses.
Our estimate for the ultimate costs of repairs may not prove to be correct because of increased demand for services and supplies in the areas affected by the catastrophes.
The number of incurred but not reported (IBNR) claims may be greater or less than current anticipated.

We assume no obligation to update any forward-looking statements as a result of new information or future events or developments.

# # # #

Corporate: NEW POLL: Americans See Progress in a Closing Gender Gap; Women and Men Willingly Make Trade-Offs to Balance Work and Family Life

Fri, 16 Mar 2012 06:40:00 -0500

12th Allstate-National Journal Heartland Monitor Poll Explores Americans' Opinions on Changing Gender Roles in the Economy, the Workplace and the Family
This release contains: 1 Related Document

Most Americans say that having a majority of women in the workforce is an encouraging trend for the country, despite the trade-offs that both women and men must make to balance work and family life, according to poll results announced today by The Allstate Corporation (NYSE: ALL) and National Journal.

The 12th quarterly Allstate-National Journal Heartland Monitor Poll explored the attitudes and experiences of men and women in their home, family and professional lives. More than half (56%) of American men and women consider gender diversity to have a positive impact on the economic health of the country, and 36% of men and 39% of women cite "a flexible work schedule to pursue outside interests and spend time with your family" as their first or second most important reason for working.

While full-time working women earn an average of 77 cents for every dollar earned by a man working full-time, the genders place different weights on the "best explanation" for the disparity. A total of 49% of women and 39% of men say the wage gap is caused by the fact that many women leave jobs, scale back their hours and/or dedicate more time than men to family care responsibilities. Only 27% of Americans cite gender discrimination as the best explanation for the wage gap. Overall, 79% of Americans (including 75% of women) who have held a job believe they can advance in the workplace regardless of gender.

“This poll shows that belief in the American dream remains strong notwithstanding our economic challenges,” said Thomas J. Wilson, chairman, chief executive officer and president of Allstate. “Americans once again show their ability to have a sophisticated conversation around complicated issues such as gender, economics or race. Americans understand, as does Allstate, that diversity is a part of the American dream. They acknowledge that gains have been made in creating opportunity for women but that more can be done.”

Fewer than half (48%) of all Americans-- and only 40% of women believe that men and women have equal opportunity to advance in the workplace. Conversely, more than two-thirds of women say they have more opportunity than their mothers did to get ahead in society, while only 45% of men say they have more opportunity than their fathers.

"Despite the persistence of the wage gap and some continued doubts about equal opportunity, the most powerful sentiment among women in this poll is a sense of doors opening, especially when compared with previous generations," said National Journal editorial director Ronald Brownstein. "Even as both men and women wrestle with balancing their home and work responsibilities, the poll found that the era of 'mommy wars' between working and stay-at-home mothers is being replaced by women who are comfortable shifting between the two roles, at a pace and proportion that they control."

Key findings from the 12th Allstate-National Journal Heartland Monitor Poll (PDF) include:

1) Americans generally believe that the change to a majority-female workforce is encouraging and will have a positive impact on the country, but there are wide differences between age groups.

A total of 56% of Americans believe the changing gender makeup of American workers is "encouraging and it will have a positive impact on the country because the economy will benefit from a workforce that represents more of the unique talents and skills offered by women."
Conversely, 32% believe the change is "troubling and it will have a negative impact on the country because it reflects a shift away from the traditional family structure where women could devote more time to raising children and running the household."
Opinions dramatically differ by age group, with 74% of those aged 18-29 saying the change is encouraging, but only 41% of those age 65+ agreeing.

2) Americans are confident in their abilities to succeed at work regardless of gender, despite a sense that gender inequity in opportunity still exists.

A total of 79% of Americans, including 83% of men and 75% of women, who have held a job in their lives believe they can advance in the workplace regardless of gender.
Only 48% of Americans, and only 40% of women, believe that women and men have equal opportunity to get ahead in American workplaces.
While 68% of women say that they have more opportunity to get ahead in society than their mothers had, only 45% of men see more opportunity than their fathers.

3) Both men and women preferred more flexible work schedules and would choose more family time over higher income.

A total of 36% of men and 39% of women say "a flexible work schedule to pursue outside interests and spend time with your family" is the first or second most important reason for working. Fifty-three percent of working moms choose a flexible work schedule as their first or second most important reason for working.
Given the choice between more income (requiring longer hours and less time for family and personal life) versus more time for family and personal life (shorter hours and less income), Americans in working households choose more family and personal time by a 56%-35% margin.

4) Men and women report primary family roles quite differently.

Men: 12% say they are or were more actively involved in the care of children, 35% name their spouse, while 52% cite equally shared responsibilities. Women: 63% say they were primarily responsible for children, only 1% name their spouse, and 33% say responsibilities were equally shared.
A total of 38% of men say they are primarily responsible for family finances, while 24% name their spouse or partner and 37% say responsibilities are shared equally. A total of 51% of women say that they are primarily responsible for finances, 17% name their spouse or partner and 32% cite equally shared responsibilities.

5) Financial experiences and economic outlook vary greatly across genders and socioeconomic factors.

A total of 48% of men rate their financial situation "excellent" or "good" versus 42% of women.
Men: 70% of working men with a college degree believe their financial situation will improve, compared to 53% of working men without a college degree.
Women: 66% of working women with a college degree believe their financial situation will improve, compared to 49% of working women without a college degree. Non-married mothers are the least positive about their financial situation.

6) Economic and political metrics demonstrate an uptick in support for President Obama and an improvement in perceptions of the direction of the country and of the economy.

A total of 60% of Americans now believe the economy will improve over the next 12 months, compared to 56% who said the same in December 2011 and 50% who said so in October 2011.
Thirty percent of Americans now believe the country is headed in the right direction. The last two Heartland Monitor surveys measured this sentiment at 20%.
- The improvement is largely due to a surge in optimism among Democrats, with 55% now saying the country is headed in the right direction, up from 33% in December 2011.
President Obama's approval rating now stands at 51%, compared to 44% in October and December of 2011, the lowest ratings in the Heartland Monitor Poll's history.
- The president's numbers among independents are now positive (49%-47%), an improvement since December 2011 (38%-52%)
Only 44% of Americans say they would vote to re-elect President Obama, while 48% say they would vote for someone else. Still, this is an improvement from December 2011, when 38% said they would re-elect and 53% would vote for someone else.

Notes to Editors

Survey Methodology
A nationally representative survey of American adults conducted March 3 - 6, 2012, among 1,000 American adults age 18+. Respondents were reached via landline and cell phone. The survey has a margin of error of +/-3.1% in 95 out of 100 cases.

About National Journal Group
National Journal is Washington's premier source for 360-degree insight on politics and policy. With up-to-the-minute breaking news and analysis at NationalJournal.com, the essential intelligence of National Journal Daily, the knowledge and depth of National Journal magazine, and the comprehensive campaign coverage of National Journal Hotline, National Journal delivers everything you need to know to stay ahead of the curve in Washington.
About FTI Consulting
FTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations protect and enhance enterprise value in an increasingly complex legal, regulatory and economic environment. With more than 3,800 employees located in 24 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges in areas such as investigations, litigation, mergers and acquisitions, regulatory issues, reputation management, strategic communications and restructuring. The company generated $1.56 billion in revenues during fiscal year 2011. More information can be found at www.fticonsulting.com.

Contacts:
Matthew Clark
Senior Vice President
FTI Consulting
202-728-8766
matthew.clark@fticonsulting.com

Matthew Clark
Senior Vice President
FTI Consulting
202-728-8766
matthew.clark@fticonsulting.com