CSR Press Release

Working Woman magazine has named Allstate Insurance Company a “Top 25” company for “Executive Women”. This is the magazine’s third year recognizing the nation’s best companies for promoting women into leadership positions. Allstate was the only Illinois-based company recognized with the honor.

“Talking the talk doesn’t land a company on the annual Top 25 companies. The “Top 25” is a numbers game; it’s about how many women are advancing through a company’s management ranks all they way up to the executive suite,” says Lisa Lee Freeman, Working Woman features editor.

Approximately 54% of Allstate’s total workforce are women and 40% of Allstate’s officials and managers are women as reported in Allstate’s 1999 Annual Report.

“Allstate’s diverse and balanced workforce is instrumental in supporting our diverse customer base,” says Joan M. Crockett, Senior Vice President of Allstate Human Resources. “Allstate’s support of women in the workplace is more a bottom-line issue than a social one. The payoff is high.”

Working Woman noted Allstate for its management development efforts such as the on-site executive M.B.A. programs as well as the talent review process used to identify and track high-potential female managers.

Allstate was also recognized this year for being a great place to work by Working Mother, Latina Style, Fortune Best Companies for Asians Blacks and Hispanics, Minority MBA, Careers & the disABLED and Chicago Magazine.

The Allstate Corporation (NYSE: ALL) is the nation's largest publicly held personal lines insurance company. The company’s personal property and casualty business provides insurance for more than 14 million households and has approximately 13,000 Allstate agents in the U.S. and Canada. The company also provides personal lines insurance products and services, such as Allstate and Encompass Insurance, through independent agents. Allstate Financial Group is comprised of the nation’s 17th largest life insurance business as well as businesses that market annuities, savings, and financial services products through licensed financial professionals. Allstate maintains a web site at www.allstate.com.

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