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Allstate (ALL) is a turnaround story. As described in my comparison with Chubb (CB), Allstate is a U.S. insurer, focused on the U.S. market, which suffered in the past from a lack of underwriting discipline, while
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Analyst’s Disclosure: I/we have a beneficial long position in the shares of CNA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
I currently have no position in Allstate, but I may consider initiating one through shares or options in the future.
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