The Allstate Corp (NYSE:ALL)
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The Company is engaged, principally in the United States, in the property-liability insurance, life insurance, retirement and investment product business. Its primary business is the sale of private passenger auto and homeowner's insurance.
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Corrupt managers, team groomed and picked by Allstate CEO, Ed Liddy before he left for AIG to run it, yes, one of the largest INS..CO.'s in the world...Managed by the biggest crook, the AIG that was first to be bailedout, then they all went to Resort...That Ed Liddy. His winning ways of management are still at Allstate Ins. today. Balance sheets show cash from other companies owned by them, loaned to cover quarterly reports...never a bad day, that way. Experts at paying consulting companies...owned by family and board members. They just don't regulate them like they used to...Stockholders beware.