The Allstate Corporation Announces Quarterly Dividend
November 10, 2009 |
| The Allstate Corporation announced a quarterly dividend of $0.20 on each outstanding share of the Company's common stock, payable in cash on January 5, 2010 to stockholders of record at the close of business on November 30, 2009. |
The Allstate Corporation Settles Class Action
August 16, 2009 |
| The Allstate Corporation (Allstate) announced that it has entered into a settlement of a nationwide class action lawsuit, Strasen v. Allstate, which has been pending in the Circuit Court of Madison County, Illinois for almost 10 years. This settlement includes all Allstate and Encompass entities. The Court preliminarily approved the settlement on July 16, 2009. Plaintiffs alleged that Allstate utilized a computerized medical bill review system provided by ADP which failed to correctly calculate medical expenses from automobile and homeowner's claims. Allstate continues to believe its medical bill review practices were and are appropriate and fully comply with the law, but agreed to resolve the case on terms Allstate considered fair and appropriate to avoid the burden and expense of continued litigation. |
The Allstate Corporation Announces Quarterly Dividend
July 21, 2009 |
| The Allstate Corporation announced a quarterly dividend of $0.20 on each outstanding share of the Company's common stock, payable in cash on October 1, 2009 to stockholders of record at the close of business on August 31, 2009. |
The Allstate Corporation Rejects TARP-WSJ
May 20, 2009 |
| The Wall Street Journal reported that The Allstate Corporation said that it will not participate in the government's Troubled Asset Relief Program, becoming the second life insurer to back away from aid just days after six firms were given preliminary approval for billions in federal funds. On Thursday, the Treasury said that it would make bailout funds available to life insurers, acting on the sector's effort to get government help. But Ameriprise Financial Group Inc., one of the six life insurers to win preliminary approval, said Friday that it would not take the money. Prudential Financial Inc. also responded tepidly and is expected to reject the aid. |
The Allstate Corporation Announces Quarterly Dividend
May 19, 2009 |
| The Allstate Corporation announced a quarterly dividend of $0.20 on each outstanding share of the Corporation's common stock, payable in cash on July 1, 2009 to stockholders of record at the close of business on May 29, 2009. |
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