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Article: S&P Affrms Allstate Corp Rtgs; Allstate Life Otlk Neg.
- Article from:
- Business Wire
- Article date:
- February 11, 2002
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Business Editors
NEW YORK--(BUSINESS WIRE)--Standard & Poor's
Feb. 11, 2002-- Standard & Poor's today affirmed its ratings on Allstate Corp. (Allstate) and related subsidiaries (see list). The outlook on Allstate Life Insurance Co. and related life subsidiaries, commonly referred to as Allstate Financial, has been revised to negative from stable. The outlook on Allstate Insurance Co. and related companies and the parent, Allstate Corp. remains stable.
Today's decision to affirm the ratings on Allstate reflects the diversity and strength of the company's franchise in the U.S. personal auto, homeowners, life and asset accumulation businesses, its ...