This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Allstate Announces $5 Million Contribution To Help Stem Violence In Chicago

NORTHBROOK, Ill., Feb. 20, 2013 /PRNewswire/ -- The Allstate Corporation (NYSE:ALL) announced today that it will provide $5 million in funding over five years to support Chicago's efforts to reduce violent crime and improve the safety and vitality of neighborhoods throughout the city.

"The level of violence in our city is simply unacceptable and we need to come together to take a stand and improve our neighborhoods," said Thomas J. Wilson, chairman, president and chief executive officer. "Safety is a basic right that all children should enjoy. This is an opportunity for businesses, nonprofits, foundations and individuals to make a difference and save lives. We know other corporations, foundations and individuals also want to support these efforts and we will create a way for them to join us. United together, we will make Chicago safer and more vibrant, so our children will prosper and build a brighter future for all of us."

The city's new initiative and private sector coalition builds on the work of the Community Anti-violence and Restoration Effort (CARE) and other city anti-violence initiatives to:
  • Identify proven programs to prevent violence and expand them rapidly;
  • Support community-based efforts to sustain these programs and other programs;
  • Monitor program performance and the ability of organizations to implement them effectively; and
  • Enable all stakeholders in Chicago to get involved, both as donors and volunteers.

"This effort will rely on local ownership and empowerment so that residents and local leaders will determine the best solutions for their own neighborhoods," Wilson said. "Allstate's commitment reflects our long-time legacy of promoting safety, protecting people and addressing urgent needs in the communities we serve across the country."

The Allstate Corporation (NYSE: ALL) is the nation's largest publicly held personal lines insurer, serving approximately 16 million households through its Allstate, Encompass, Esurance and Answer Financial brand names and Allstate Financial business segment. Allstate branded insurance products (auto, home, life and retirement) and services are offered through Allstate agencies, independent agencies, and Allstate exclusive financial representatives, as well as via, and 1-800 Allstate ®, and are widely known through the slogan "You're In Good Hands With Allstate ®." As part of Allstate's commitment to strengthen local communities, The Allstate Foundation, Allstate employees, agency owners and the corporation provided $29 million in 2012 to thousands of nonprofit organizations and important causes across the United States.

SOURCE Allstate Corporation

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 16,776.43 +304.06 1.85%
S&P 500 1,987.05 +35.69 1.83%
NASDAQ 4,781.2640 +73.4890 1.56%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs