secwatch.observer — SEC 8-K summary
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Issuer:     ALLSTATE CORP (ALL)
CIK:        0000899051
Form:       8-K
Filed at:   2024-04-18T23:59:59+00:00
Accession:  0000899051-24-000018
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Allstate reports Q1 2024 catastrophe losses of $731M; March cat losses $328M
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- March catastrophe losses $328M pre-tax ($259M after-tax) from six events; ~80% from one hail event.
- Q1 2024 total catastrophe losses $731M pre-tax.
- Allstate brand auto rate increases: 0.9% premium impact in March, 2.4% YTD.
- Allstate brand homeowners rate increases: 0.7% March, 3.4% YTD; avg gross written premium up 11.9% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/899051/000089905124000018/0000899051-24-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/899051/000089905124000018/all-20240418.htm
  HTML page:      https://secwatch.observer/filing/0000899051-24-000018

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