“We are in discussions with the City of Chicago about potential uses for the building, which could become an investment property, a space to consolidate our existing downtown offices or our new headquarters,” Allstate said in an emailed statement.
Good they work for an insurance company so they might get a good deal on life insurance.
Ex Illini
4 years ago
They must want to get rid of staff without paying separation agreements. In the current environment no one wants to go downtown. Jobs are plentiful if you want to work.
Fed Up Taxpayer
4 years ago
They have their chance to leave the state – take it to WI or IN where they appreciate business.
Illinois is a major insurance state because the insurance industry has effectively captured the Dept of Ins. Insurance laws are extremely friendly in IL and there is significant infrastructure supporting the insurance industry here. State Farm, CNA, Allstate, Aon, Zurich, many, many substandards, along with support from companies like Gallagher and other major brokers are all based in Illinois. When Illinois these businesses to other states, then you know the state is totally F’d because its one of the strongest, most stable industries we have remaining in the state.
Freddy
4 years ago
Why? Their slogan is “Your in good hands with Allstate” because their hands will be in you wallet.
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Good they work for an insurance company so they might get a good deal on life insurance.
They must want to get rid of staff without paying separation agreements. In the current environment no one wants to go downtown. Jobs are plentiful if you want to work.
They have their chance to leave the state – take it to WI or IN where they appreciate business.
Illinois is a major insurance state because the insurance industry has effectively captured the Dept of Ins. Insurance laws are extremely friendly in IL and there is significant infrastructure supporting the insurance industry here. State Farm, CNA, Allstate, Aon, Zurich, many, many substandards, along with support from companies like Gallagher and other major brokers are all based in Illinois. When Illinois these businesses to other states, then you know the state is totally F’d because its one of the strongest, most stable industries we have remaining in the state.
Why? Their slogan is “Your in good hands with Allstate” because their hands will be in you wallet.