Allstate - You're in good hands

History
Allstate was founded in 1931 as part of Sears, Roebuck & Co., and became a publicly traded company in 1993. At the time, the initial public offering of Allstate was the largest in U.S. history. On June 30, 1995, it became a totally independent company after Sears divested its remaining shares to Sears stockholders.

On April 17, 2006 Allstate celebrated its 75th Anniversary. Download the PDF to view the 75th Anniversary advertisement.

Allstate, based in Northbrook, Illinois, is one of the nation's leading insurers in urban areas and has supported auto and highway safety reforms including seat belts, air bags, and teen driver education. The company has won numerous awards over the years for its philanthropic and employee volunteerism efforts.

On a fall morning in 1930, as the 7:28 commuter train headed for downtown Chicago, a suggestion was made to Sears, Roebuck & Co. President and Board Chairman General Robert E. Wood that Sears should start an auto insurance company and sell insurance by mail. It was the beginning of something big…

Allstate Timeline
1930s
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