Is Allstate Stock Underperforming the Dow?

Northbrook, Illinois-based The Allstate Corporation (ALL) provides property and casualty, and other insurance products in the United States and Canada. With a market cap of $55 billion, Allstate operates through Allstate Protection, Protection Services, Health and Benefits, Run-off Property-Liability, and Corporate and Other segments.

Companies worth $10 billion or more are generally described as "large-cap stocks." Allstate fits right into that category. Given that Allstate is the fourth-largest P&C insurer and the second-largest home insurance company in the United States, its valuation above this mark is not surprising.