ALL Allstate Corporation

Allstate announced today that it reached an agreement with the Louisiana Department of Insurance concerning its 2006 reinspection programs and wind and hail coverage. �We are pleased to work together with the commissioner and the department to resolve this situation,� said Ron Corbin, field vice president at Allstate. �This agreement is the result of our desire to find a solution that meets the needs of the customers and the agents who serve them.� Under the agreement, Allstate will offer wind and hail coverage to a limited number of customers who had it removed as long as, on the date coverage was removed, the customer had continuously maintained homeowner�s coverage on the same property for more than three years with the Allstate companies. A few hundred customers are included in this group, or far less than one percent of the total number of Louisiana Allstate homeowners� customers. As part of the agreement related to the reinspection program, Allstate has agreed to pay the sum of $250,000 to the Louisiana Department of Insurance to avoid expenses associated with a hearing on this matter. �We are confident that we properly implemented the reinspection program. However, we decided it was in the best interest of all parties involved to reach an amicable resolution,� said Corbin. 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 Allstate�� slogan, Allstate helps individuals in approximately 17 million households protect what they have today and better prepare for tomorrow through approximately 14,900 exclusive agencies and financial representatives in the U.S. and Canada. Customers can access Allstate products and services such as auto insurance and homeowners insurance through Allstate agencies, or in select states at allstate.com and 1-800 Allstate�. Encompass� and Deerbrook� Insurance brand property and casualty products are sold exclusively through independent agents. The Allstate Financial Group provides life insurance, supplemental accident and health insurance, annuity, banking and retirement products designed for individual, institutional and worksite customers that are distributed through Allstate agencies, independent agencies, financial institutions and broker-dealers.