What retailer created Allstate craftsman and the Discover card?
Jackson Reed
Updated on February 08, 2026
Step 1 : Introduction to the question “Which retailer created Allstate, Craftsman, and the Discover Card?” Sears, Roebuck and Co. created Allstate Insurance Company in 1931 and placed Allstate Insurance representatives in its retail stores in 1934.
Does Sears still own discover?
Discover is a credit card brand issued primarily in the United States. It was introduced by Sears in 1985….Discover Card.
| Type | Subsidiary |
|---|---|
| Parent | Dean Witter Reynolds (1985–1997) Morgan Stanley (1997–2007) Discover Financial (2007–present) |
| Divisions | Discover Bank |
| Website |
When did Sears sell Allstate?
June 1993
In June 1993, Sears sold the public 19.9 percent of Allstate, which it began in 1931 when it began selling car insurance through its catalogue and stores, for $2.12 billion in a stock offering.
In what year did Allstate go public when Sears sells 19.8 percent of the company?
1993
1993. Allstate went public when Sears sold 19.8 percent of the company, making Allstate’s initial public offering the largest to date in U.S. history.
What bank is discover affiliated with?
Discover Financial Services
Editorial and user-generated content is not provided, reviewed or endorsed by any company. Discover cards are associated with Discover Bank, a division of Discover Financial Services.
Is Kenmore owned by Sears?
The Kenmore Appliances brand is owned by Sears but manufactured by various appliance makers. The brand has a long history of over 100 years, having launched in 1913 originally on sewing machines. Appliances include washers, dryers, vacuum cleaners, refrigerators, and freezers.
When was the first Allstate Insurance Company founded?
Since it was founded in 1931, Allstate has been a pioneer of the insurance industry. Americans have trusted Allstate to help protect their families and their belongings for over 80 years. Based in Northbrook, Illinois, Allstate is the nation’s largest publicly held personal lines insurer.
Who is the spokesperson for Allstate Life Insurance?
Ed Reimers, an actor, became the Allstate television spokesperson for 22 years. On September 3, the Allstate Life Insurance Company sold policy #000001, a mortgage cancellation policy, to Dale and Norma Jean Huddlestun of West Liberty, Illinois.
When did Allstate win the patent for keep the drive?
The Allstate Foundation launched “Keep the Drive,” a national teen-to-teen smart driving movement that addresses the number one killer of teens—car crashes. Allstate was awarded U.S. Patent 7,080,032 on July 18, 2006, for the innovative methods behind the deferred fixed annuity products.
Who was the first salaried claim adjuster for Allstate?
Allstate hired its first full-time salaried claim adjuster. Allstate startled the insurance industry by tailoring auto rates by age, mileage and use of car. The plan was so popular, the industry followed suit. Allstate had 113,472 policyholders, 529 employees and received 25,461 claims for the year.
