On March 23, 2006, Standard&Poor's Ratings Services assigned its 'A+' senior debt rating to Allstate Corp.'s (NYSE:ALL) recently priced 30-year, $650 million senior debt issue. At the same time, Standard&Poor's affirmed its 'A+' counterparty credit rating on Allstate Corp., 'AA' counterparty credit and financial strength ratings on Allstate Insurance Co. and its property/casualty affiliates, and its 'AA' counterparty credit and financial strength ratings on Allstate Life Insurance Co. and its life insurance affiliates. The outlook on all these companies remains negative. The net proceeds of the debt issuance will be used to retire the existing $550 million senior notes due in December 2006, with the remainder used for general corporate purposes. After the issuance, the debt-to-capital
