ALLSTATE CORP
ALL
Financials
3
exclusion reasons
2 themes
This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.
Allstate, through its subsidiary Arity, covertly collected driving behavior data from over 45 million Americans by paying app developers to embed Arity tracking software into consumer apps including Life360, GasBuddy, Routely, and Fuel Rewards. The collected data — trillions of miles of geolocation tracking — was used to build what Arity called the "world's largest driving behavior database," which Allstate and other insurers used to justify premium increases on individual policyholders.
Texas Attorney General Ken Paxton filed suit in January 2025 under the Texas Data Privacy and Security Act, the first enforcement action under that statute. The complaint alleges Allstate failed to provide clear notice or obtain informed consent before collecting and selling sensitive geolocation data. Separately, New York Attorney General Letitia James sued Allstate and subsidiary National General in 2025 over back-to-back data breaches in 2020 and 2021 that exposed driver's license numbers of more than 165,000 New Yorkers, after National General's websites displayed full driver's license numbers in plain text with minimal input.
Texas Attorney General's investigation revealed that Allstate and Arity paid mobile apps millions of dollars to install Allstate's tracking software.
Allstate agreed to a $25 million class action settlement in a lawsuit alleging it improperly used price optimization to set auto insurance premiums for over 1.2 million California policyholders.
Research Sources
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Related Exclusions
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Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.
This information is provided for educational and transparency purposes only and should not be relied upon as investment advice. Data is drawn from independent watchdogs, NGOs, government registries, and Ethical Capital's ongoing research — see Research Sources for the full list.
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