Allstate Names A. Darryl Page Field Vice President.BOTHELL, Wash.--(BUSINESS WIRE)--Nov. 17, 1999-- Allstate (NYSE NYSE See: New York Stock Exchange :ALL) has announced that A. Darryl Page has been elected Field Vice President (FVP FVP First Vice President FVP Field Vice President FVP Full Value Procurement FVP Formal Verification Platform FVP Functional Verification Plan FVP Functional Virtual Prototype ) of its property and casualty operations in the Northwest region
The Northwest Region . The appointment is part of the recently announced nationwide realignment re·a·lign tr.v. re·a·ligned, re·a·lign·ing, re·a·ligns 1. To put back into proper order or alignment. 2. To make new groupings of or working arrangements between. of the Company's property and casualty operations to enhance its efficiency and ability to respond quickly to rapidly changing market conditions. Page oversees the five-state Northwest region that generates more than $900 million in annual premium and includes Alaska, Hawaii, Idaho, Oregon and Washington. Allstate's regional office is located in Bothell, Wash., with claim service centers and agent offices conveniently located throughout all five states. Originally from the West Coast, Page began his career with Allstate in 1981 as an underwriting Underwriting 1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt). 2. The process of issuing insurance policies. trainee in Menlo Park Menlo Park. 1 Residential city (1990 pop. 28,040), San Mateo co., W Calif.; inc. 1874. Electronic equipment and aerospace products are manufactured in the city. Menlo College and a Stanford Univ. research institute are there. 2 Uninc. , Calif. He quickly worked his way up through the company's ranks in various positions and locations across the U.S. This 18-year veteran of Allstate served as regional vice president in the company's Illinois region just prior to his promotion to FVP and move to the Seattle area. "Serving our customers is our top priority. This realignment strengthens and streamlines our operations, enabling us to respond more quickly to customer needs in this highly competitive marketplace," says Page. The Allstate Corporation is the nation's largest publicly held personal lines insurance company. Its main business units include Allstate Personal Property and Casualty and Allstate Life and Savings. Allstate Personal Property and Casualty provides insurance for more than 14 million households and has approximately 15,500 agents in the U.S. and Canada. Allstate Life and Savings markets a number of life insurance and savings products -- under a variety of brands and through a number of channels -- and is currently the nation's 17th largest life insurance business. |
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