Allstate spent $1.33M lobbying government in 2Q

WASHINGTON

Allstate Corp. spent $1.33 million in the second quarter to lobby the federal government on legislation involving flood insurance regulations, safe-driving laws and financial reforms, according to a recent disclosure report.

The total is down from $1.54 million that Allstate spent in the same quarter a year ago, but up from the $1.08 million that the property and casualty insurer spent in this year's first quarter.

According to a July 20 filing with the House clerk's office, Allstate lobbied the government on issues including flood insurance rate-setting and financial regulatory reforms. Those reforms included a proposal to tighten regulation of derivatives, private bets between two parties on how the value of assets like crops or measures like interest rates will change in the future.

Allstate, based in Northbrook, Ill., also lobbied the House and Senate on legislation aimed at reducing accidents caused by inattentive drivers who send text messages while at the wheel.