NEW YORK (Standard&Poor's CreditWire) Dec. 5, 2000--Standard&Poor's today affirmed its ratings on Allstate Corp. and its property/casualty and life insurance subsidiaries (collectively referred to as Allstate). The outlook is stable. At the same time, Standard&Poor's withdrew its single-'A'-minus preferred stock rating on American Heritage Life Investment Corp. (AHLIC), which is a subsidiary of Allstate Corp. The rating on AHLIC was withdrawn at the company's request, and there are no pertinent outstanding issues on it. Major Rating Factors: -- Market position. Through its wholly owned subsidiary, Allstate Insurance Co. (AIC), and AIC's affiliated property/casualty insurers (AIC group), Allstate writes the second largest volume of personal lines property/casualty premium and the second largest volume of general
