Your Source for Up-To-Date News and Research on the Collision Repair Industry 

 

click here to subscribe to the FREE INSIGHT Editor's Desk News Alert Email

SUBSCRIBERS-ONLY
Today's News
INSIGHT This Month
INSIGHT Archives
Survey Center
Letter to the Editor

Business Tools
Subscription Information
CSI Reporting
Financial Analysis
IRS Audit Guide

Management/
Technical Info
Market Watch Rates
INSIGHT Inside this month's issue...

Feedback
Letter to the Editor

Allstate Invites Chicago to Celebrate Its 75th Anniversary

Allstate ensured that commuters were "in Good Hands" on its official birthday when it covered fees for all of the City-metered parking spaces located in Chicago's Loop, bordered by Wabash Avenue on the east, Lake Street on the north, Wells Street on the west and Jackson Boulevard on the south. In addition, Allstate also fed parking meters along Ontario Street, east of Michigan Avenue extending to Lake Michigan.

"Allstate is proud to call Chicagoland home. For decades, Allstate has been a leader in its industry, championing business innovations that ultimately benefit our customers. Likewise, Allstate has been active in social initiatives in the communities in which we live and work with the intention of helping improve the quality of life for people," said Allstate Chairman and CEO Edward M. Liddy. "We are proud of our history and look forward to continuing the tradition for many years to come with our talented employee and agency force."

As Chicago has grown and prospered, Allstate has supported civic and cultural efforts enriching local families and communities. Continuing this tradition, throughout the summer Allstate will partner with the Chicago Department of Cultural Affairs and Chicago Park District to present a lineup of activities, including:

• Chicagoans will be steered to a new outdoor sculpture exhibit designed in collaboration with the Department of Cultural Affairs, "Artists and Automobiles," which features car relics transformed into a variety of impressive works of art. Showcased in Grant Park and Michigan Avenue, "Artists and Automobiles" will be parked in these prominent locations throughout the summer.
• Car fanatics will brake at the Chicago Cultural Center this summer for "Chicago Car Culture," an exhibit that explores Chicago's contributions to automobile culture in America via a mix of history, artifacts, storytelling and art. Free and open to the public, "Chicago Car Culture" will be on display in the Chicago Cultural Center's Chicago Rooms June 9 through Aug. 31.
• A throw back to drive-in movies, the Chicago Park District's popular "Movies in the Park" program will screen twice as many films at parks throughout the city this summer through Allstate's gift.
• Allstate also will serve as a primary sponsor of more than 75 world-class events taking place at Chicago's Millennium Park this summer.
• Celebrating its hometown, Allstate will continue its anniversary festivities in August when more than 2,500 top agents from across the country visit Chicago for Allstate's National Conference.

Sears adopted the Allstate name from a tire sold through its catalogs. Initially funded in 1931 with $700,000, it didn't take long for Allstate insurance to catch on. On May 17, 1931, William Lehnertz of Aurora, Ill., became the first Allstate policyholder. And, a few months later, Allstate paid its first claim when a customer holding a car door handle broken off in a theft attempt walked into Allstate's one-room Chicago office. A successful presence at the Chicago World's Fair in 1933 led Sears to place Allstate agents in Sears stores, where they became mainstays for decades. Ultimately, Sears took Allstate public in 1993, and the company became totally independent of Sears in 1995. At the time, the 1993 stock sale was the largest initial public offering in U.S. history.

©2006 Collision Repair Industry INSIGHT
All Rights Reserved

FEATURED
LINKS:

INSIGHT Supports the NABC!
Do You?