Allstate
Allstate (The Allstate Corporation) sells auto, homeowners, and life insurance in the U.S. and Canada. It is the number two personal insurance company in the U.S. after State Farm. Subsidiaries are Allstate Life, American Heritage Life, and Lincoln Benefit Life. It also has investment products for middle-income and affluent customers. It provides emergency road service and recently launched Allstate Bank. [1]
Political contributions
Allstate gave $195,300 to federal candidates in the 2006 election through its political action committee - 31% to Democrats, 67% to Republicans, and %2 ($3,000) to independent Joseph Lieberman (I-CT). [2]
Lobbying
Allstate spent $4,080,000 for lobbying in 2006. $60,000 went to the lobbying firm James Lee Witt Associates with the remainder being spent using in-house lobbyists. [3]
Personnel
| Key executives and 2006 pay: [4] | Options exercised |
|||
| Thomas J. Wilson, Chief Executive Officer | $3,480,000 | $301,000 | ||
| Casey J. Sylla, President of Allstate Life Insurance Company | $2,700,000 | $5,600,000 | ||
| Danny L. Hale, Chief Financial Officer | $2,170,000 | $0 | ||
| Eric Allen Simonson, Chief Investment Officer | $1,960,000 | $0 |
Selected board members: [5]
- W. James Farrell, Director of Abbott Laboratories, Kraft Foods Inc., 3M Company and UAL Corporation (United Airlines).
- Jack M. Greenberg, Former Chairman and Chief Executive Officer of McDonald's
- Ronald T. LeMay, Former President and Chief Operating Officer of Sprint (now Sprint Nextel)
Contact details
2775 Sanders Rd.
Northbrook, IL 60062-6127
Phone: 847-402-5000
Fax: 847-326-7519
Web: http://www.allstate.com
References
- ↑ Allstate Profile, Hoovers, accessed July 2007.
- ↑ 2006 PAC Summary Data, Open Secrets, accessed October 2007.
- ↑ Allstate lobbying expenses, Open Secrets, accessed October 2007.
- ↑ Allstate Key Executives, Yahoo Finance, accessed October 2007.
- ↑ Board of Directors, Allstate, accessed July 2007.
