NU Online News Service, April 17, 1:11 p.m. – The Allstate Corp., Northbrook, Ill., is reporting $426 million in net income for the first quarter on $7.3 billion in revenue, compared with $500 million in net income on $7.1 billion in revenue for the first quarter of 2001.
The company's Allstate Financial unit generated $91 million in net income for the quarter on $2.7 billion in premiums and deposits, compared with $69 million in net income on $2.9 billion in revenue for the comparable period in 2001.