(Bloomberg) -- Allstate Corp., the largest publicly traded U.S.car and home insurer, elected former Fidelity Investments moneymanager Jacques Perold to its board.

The insurer now has 11 directors, Northbrook, Illinois- basedAllstate said Tuesday in a statement. Perold, 57, was presidentof Fidelity Management & Research Co., overseeing a groupof mutual funds with about $1.8 trillion under management. Heretired from Fidelity in 2014, Allstate said.

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