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Allstate Corp. Chief Executive Officer Tom Wilson said the insurer’s $506 million windfall from the U.S. tax overhaul will be used to invest in growth.
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Allstate CEO Says Tax Overhaul Frees Up Half-Billion in Profit
published Feb 7, 2018 5:40:35 PM, by Sonali Basak (Bloomberg) — Allstate Corp. Chief Executive Officer Tom Wilson said the insurer’s $506 million windfall from the U.S. tax overhaul will be used to invest in growth. “First we’re going to put more money into marketing, second we’re going to expand