Fortune Magazine Names Allstate One of the Best Companies for Minorities

Northbrook, IL. June 25, 2002 — For the fifth consecutive year, Fortune Magazine named Allstate Insurance Company to its Top 50 List of Best Companies for Minorities. This is also the fifth year that the magazine has published this report. Allstate is the only property & casualty insurer to receive this honor.

Allstate was recognized for its commitment to diversity and its many programs that support a diverse workforce including leadership accountability, education, measurement, and an inclusive work environment.

“Leaders are measured on achieving results and creating an effective and inclusive work environment where all employees feel they can reach their full potential and are treated with dignity and respect,” said Joan M. Crockett, Senior Vice President, Human Resources, Allstate Insurance Company. “To reflect the communities we serve, Allstate has positioned itself to take advantage of the increasingly diverse workplace and marketplace by recruiting, hiring and promoting diverse candidates and by leveraging the diversity in our existing workforce.”

Minorities make up 28.6% of the workforce at Allstate and comprise approximately 15% of Allstate’s leadership group in the bonus, manager, director and officer levels combined.

Allstate has also been recognized as one of the best places to work by Careers & the disAbled, Chicago, Computerworld, Hispanic, Latina Style, Money, Working Mother, Working Woman and Training Magazines.

The Allstate Corporation (NYSE: ALL) is the nation’s largest publicly held personal lines insurer. Widely known through the “You’re In Good Hands With AllstateР’В®” slogan, Allstate provides insurance products to more than 14 million households and has approximately 13,000 exclusive agents in the U.S. and Canada. Customers can access Allstate products and services through Allstate agents, or in select states at allstate.com and 1-800-Allstate. EncompassSM and DeerbrookР’В® Insurance brand property and casualty products are sold exclusively through independent agents. Allstate Financial Group includes the businesses that provide life insurance, retirement and investment products, through Allstate agents, workplace marketing, independent agents, banks and securities firms.

FOR MORE INFORMATION:

Marissa Quiles
Allstate Media Relations
847-402-5600