ALLSTATE CORP
For the period ended Dec 31, 2025. Filed Feb 20, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 20, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Protection Services
2025 Form 10-KProtection Services
Protection Services Segment
Protection Services is comprised of Protection Plans, Roadside, Dealer Services, Identity Protection and Arity. In 2025, Protection Services represented 81.6% of total PIF and 4.8% of premiums written. We offer consumer product protection plans, automotive protection and insurance products (including vehicle service contracts, guaranteed asset protection, road hazard tire and wheel and paintless dent repair protection), roadside assistance, mobility intelligence services and analytic solutions using automotive telematics information and identity theft protection and remediation services. For additional information on our strategy and outlook, see Part I, Item 1. Business - Strategy and Segment Information.
| Summarized financial information | |||
|---|---|---|---|
| For the years ended December 31, | |||
| ($ in millions) | 2025 | 2024 | 2023 |
| Premiums written | $3,006 | $2,797 | $2,663 |
| Revenues | |||
| Premiums | $2,821 | $2,522 | $2,243 |
| Other revenue | 489 | 441 | 319 |
| Intersegment insurance premiums and service fees (1) | 137 | 180 | 138 |
| Net investment income | 99 | 94 | 73 |
| Costs and expenses | |||
| Claims and claims expense | (699) | (641) | (632) |
| Amortization of DAC | (1,328) | (1,217) | (1,058) |
| Operating costs and expenses | (1,233) | (1,090) | (889) |
| Restructuring and related charges | (4) | (2) | (6) |
| Income tax expense on operations | (65) | (71) | (83) |
| Less: noncontrolling interest | (1) | (1) | (1) |
| Adjusted net income | $218 | $217 | $106 |
| Protection Plans | $179 | $157 | $117 |
| Roadside | 46 | 39 | 24 |
| Dealer Services | 21 | 21 | (15) |
| Identity Protection | 6 | 8 | (2) |
| Arity | (34) | (8) | (18) |
| Adjusted net income | $218 | $217 | $106 |
| Policies in force | |||
| Protection Plans | 164,650 | 159,761 | 145,292 |
| Roadside | 1,244 | 758 | 553 |
| Dealer Services | 3,663 | 3,710 | 3,776 |
| Identity Protection | 2,626 | 2,511 | 2,884 |
| Policies in force as of December 31 (in thousands) | 172,183 | 166,740 | 152,505 |
(1)Primarily related to Arity and Roadside and are eliminated in our consolidated financial statements.
Premiums written increased 7.5% or $209 million in 2025 compared to 2024, primarily due to international growth at Protection Plans.
Adjusted net income increased 0.5% or $1 million in 2025 compared to 2024, primarily due to premium growth at Protection Plans, partially offset by increased claims and higher expenses at Arity.
PIF increased 3.3% or 5 million in 2025 compared to 2024 due to growth at Protection Plans.
Other revenue increased 10.9% or $48 million in 2025 compared to 2024, primarily driven by international growth at Protection Plans and higher lead generation revenue at Arity.
Intersegment premiums and service fees decreased 23.9% to $137 million in 2025 compared to 2024, primarily driven by Arity.
Claims and claims expense increased 9.0% or $58 million in 2025 compared to 2024, primarily driven by growth at Protection Plans.
Amortization of DAC increased 9.1% or $111 million in 2025 compared to 2024, driven by growth at Protection Plans.
Operating costs and expenses increased 13.1% or $143 million in 2025 compared to 2024, primarily due to expenses related to growth at Protection Plans.
The Allstate Corporation 49
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.