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updated: 2/24/2010 11:06 AM

Allstate CEO: There's never been a better time to buy our stock

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Allstate Corp. Chief Executive Officer Tom Wilson said there's "not been a more attractive time" to buy the insurer's stock.

Allstate's share price is near all-time lows when evaluated against the insurer's book value, or assets minus liabilities, Wilson said at a conference in New York today. Allstate, the largest publicly traded home and auto insurer in the U.S., is based in Northbrook.