NORTHBROOK, Ill., Jan. 29, 2011 /PRNewswire/ -- The Allstate
Corporation today issued the following statement:
We recently issued a press release on Zodiac signs and accident
rates, which led to some confusion around whether astrological
signs are part of the underwriting process.
Astrological signs have absolutely no role in how we base
coverage and set rates. Rating by astrology would not be
actuarially sound. We realize that our hard working customers
view their insurance expense very seriously. So do we.
We deeply apologize for any confusion this may have caused.
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 is
reinventing protection and retirement to help nearly 16 million
households insure what they have today and better prepare for
tomorrow. Consumers access Allstate insurance products (auto, home,
life and retirement) and services through Allstate agencies,
independent agencies, and Allstate exclusive financial
representatives in the U.S. and Canada, as well as via www.allstate.com and
1-800 Allstate®.
SOURCE The Allstate Corporation