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In 1999, Illinois-based Allstate Insurance Company purchased the personal lines insurance business from CNA Financial when CNA moved toward commercial lines. Allstate then introduced the Encompass name to its subsidiary in 2000. Encompass distributes its products through 6,500 independent agency locations in 42 states. [3]
Allstate's slogan "You're in good hands" was created in the 1950s by Allstate Insurance Company's sales executive, Davis W. Ellis, based on a similar phrase he used to reassure his wife about a doctor caring for their child. It has been the slogan ever since 1950. [7] Allstate also refer to themselves as the "Good Hands People".
The company claims to be one of the first insurers to have offered such packages to same-sex couples. [ 4 ] In May 2011, Allstate announced that it was purchasing Esurance and rate-comparison site Answer Financial for approximately $1 billion. [ 5 ]
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Allstate advertises the highest potential discount at 40 percent. “We think that’s the maximum statistic,” DeLong says — so don’t expect your premium to be cut in half by telematics.
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From January 1996 to September 2000, vehicle insurance losses from natural disaster claims amounted to $3.4 billion on 1.7 million claims and averaged 10% of total annual disaster-related property insurance losses, while the National Highway Traffic Safety Administration estimated in 1999 that 16% of vehicle collisions were attributable to ...
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