Allstate CORP 8-K filings
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Allstate Corporation has reached a definitive agreement to sell its Group Health business to Nationwide for $1.25 billion in cash.
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Allstate announced estimated catastrophe losses of $286 million for October 2024, primarily due to Hurricane Milton and unfavorable reserve re-estimates related to Hurricane Helene.
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Allstate's third quarter 2024 results show a significant turnaround with strong financial returns despite higher catastrophe losses, driven by improved underwriting and strategic growth initiatives.
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Allstate announced substantial catastrophe losses for September and the third quarter of 2024, alongside a run-off reserve review and implemented rate increases.
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Allstate announced estimated catastrophe losses of $272 million for August 2024, including a significant hail event in Calgary, Canada.
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Allstate announced estimated catastrophe losses of $542 million for July 2024, including a significant impact from Hurricane Beryl.
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Allstate has agreed to sell its Employer Voluntary Benefits business to StanCorp Financial Group, Inc. for $2 billion in cash, marking a strategic move to focus on core businesses.
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Allstate's second quarter 2024 results show significant improvement with increased revenues and a return to profitability, driven by strong operational execution and strategic initiatives.
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Allstate announced estimated catastrophe losses of $230 million for June and $2.12 billion for the second quarter of 2024, primarily due to widespread wind and hail events.
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The Allstate Corporation has successfully completed a public offering of $500 million in senior notes due in 2029, bearing a fixed interest rate of 5.050%.
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Allstate announced estimated catastrophe losses of $1.4 billion for May 2024, with a significant portion stemming from wind and hail events.
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Allstate Corporation held its annual stockholders meeting on May 14, 2024, electing thirteen directors, approving executive compensation, and ratifying the appointment of Deloitte & Touche LLP as its independent auditor.
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Allstate announced estimated catastrophe losses of $494 million for April 2024, primarily driven by wind, hail, and tornadic events.
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8-K: Allstate Appoints Eric K. Ferren as Senior Vice President, Controller and Chief Accounting Officer
Allstate Corporation has appointed Eric K. Ferren as Senior Vice President, Controller and Chief Accounting Officer, effective May 20, 2024, succeeding John C. Pintozzi who will transition to Senior Vice President, Accounting Special Projects.
NYSE
Allstate's first quarter of 2024 saw a significant turnaround with broad-based profit improvements, driven by strong operating capabilities, decisive actions to improve shareholder value, and lower catastrophe losses.
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Allstate announced estimated catastrophe losses of $328 million for March and implemented rate increases for both auto and homeowners insurance.
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Allstate's February 2024 catastrophe losses were below the reporting threshold, while implemented rate increases impacted premiums for both auto and homeowners insurance.
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Allstate announced $276 million in estimated catastrophe losses for January 2024, alongside implemented rate increases for auto and homeowners insurance.
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8-K: Allstate Reports Strong Fourth Quarter 2023 Results Driven by Profit Improvement and Mild Weather
Allstate's fourth quarter 2023 results show significant profit improvement with a net income of $1.5 billion, driven by improved auto profitability and mild weather.
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Allstate reported fourth quarter catastrophe losses of $68 million, unfavorable prior year reserve reestimates of $199 million, and implemented auto rate increases of 16.5% in 15 locations during December.