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Thomas J. Wilson

Allstate CEO: Very bullish about moving forward and growing our company

Allstate CEO Thomas Wilson on the state of the insurance industry, regulations, Fed Chair Janet Yellen, the economy and the impact of the tough winter weather.

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  1. Allstate Approves Up to $1 Billion in Share Buybacks

    Allstate Corp. (ALL) said its board has approved the repurchase of as much as $1 billion of the company's shares, as it seeks to boost shareholder returns, while at ...

  2. Chubb Halts Buybacks, Says Can't Estimate Sandy Cost

    Chubb Corp. (CB) said it was halting share repurchases because it hasn't been able to estimate its losses from the recent superstorm Sandy, the latest sign that insu...

  3. Allstate Profit Soars On Lower Catastrophe Losses

    Allstate Corp.'s (ALL) third-quarter profit soared as the insurance company paid out far fewer catastrophe claims due to a dramatic drop in natural disasters.Net inc...

  4. Ally's Gupta to Fill Vacant Marketing Spot at Allstate

    Allstate Corp. (ALL) named Sanjay Gupta as chief marketing officer on Wednesday, filling a senior management position that had been vacant since the abrupt resignati...

  5. Unions, Pension Funds Oppose Pay Hike For Allstate CEO

    Unions and pension funds that hold about 2.6 million shares of Allstate Corp. (ALL) will vote against the company's "say-on-pay" provision for the second straight ye...

  6. Allstate 1Q Profit Jumps 46% On Home-Insurance Results

    Allstate Corp.'s (ALL) first-quarter profit jumped 46% to $766 million as improved results in its home-insurance business and lower catastrophe costs gave a boost to...

  7. Confidential Slides Reveal Allstate's Rapid Decline In 2011

    The number of new customers buying car insurance from Allstate Corp. (ALL) began "rapidly declining" in the second quarter of last year, prompting the company to spe...

  8. EARNINGS PREVIEW: Mild Winter To Boost Returns For Insurers

    TAKING THE PULSE: The mild winter was kind to U.S. property-casualty insurers in the first quarter, giving the sector a respite after a long string of natural catast...

  9. Allstate 4Q Profit Doubles As Weather Cooperates

    Allstate Corp. (ALL), the largest publicly traded home and auto insurer in the U.S., more than doubled its fourth-quarter profit as the company won a rare reprieve f...

  10. Allstate 3Q Beats Street, Profit Falls on Disaster Losses

    Allstate Corp. (NYSE:ALL) delivered better-than-expected third-quarter results on Monday, even as profit fell precipitously on quarterly catastrophe losses that clim...

  11. Allstate CEO on the Challenges Facing the Insurance Industry

    Allstate CEO Tom Wilson on how insurance companies are adjusting to the difficult economy and financial challenges facing their customers.

  12. Disasters Sink Allstate's 2Q; Non-GAAP EPS Beats View

    Slammed by a flurry of calamitous tornadoes and other disasters in the U.S., insurance giant Allstate (NYSE:ALL) posted a steep second quarter loss on Monday amid $2...

  1. Allstate to Retire $3B in Debt

    Allstate (NYSE:ALL) revealed plans on Wednesday to retire $3 billion of its outstanding debt primarily through new securities. The Northbrook, Ill.-based insurer wil...

  2. Allstate to Pay Down $3 Billion in Debt Mainly Through New Securities

    Allstate Corp. (ALL) unveiled plans to use preferred stock, cash and subordinated debt to pay down about $3 billion of outstanding senior and subordinated bonds."The...

  3. Allstate 1st-Quarter Profit Falls 7.4% on Catastrophes

    Allstate Corp.'s (ALL) first-quarter profit dropped 7.4% as the insurance company recorded higher claims costs for natural disasters, but the company still managed t...

  4. Allstate Profit Down 7.4% on Catastrophe Losses

    Allstate Corp.'s (ALL) first-quarter earnings fell 7.4% as the insurance company recorded higher catastrophe losses.However, results topped analysts' expectations.Al...

  5. Allstate First-Quarter Profit Down 7.4% on Catastrophe Losses

    Allstate Corp.'s (ALL) first-quarter earnings fell 7.4% as the insurance company recorded higher catastrophe losses.However, results topped analysts' expectations.Al...

  6. Middle Class Resigned to Stagnation

    No longer does being middle class mean getting ahead. It now means just not falling too far behind.That's according to the 16th quarterly Allstate-National Journal H...

  7. Allstate Surprises Street With Profit, Buyback, Dividend Hike

    Allstate Corp. (ALL) surprised Wall Street with a fourth-quarter profit, a new buyback program and the largest dividend increase since the financial crisis--all desp...

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