NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL), one of the nation's largest publicly held personal lines insurers, announced that Jess Merten, Chief Financial Officer, will...

Including insurance stocks in an investment portfolio can be advantageous. The insurance industry offers enduring potential returns in various economic climates.

Allstate (ALL) reports estimated catastrophe losses of $247 million after taxes in July.