secwatch.observer — SEC 8-K summary
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Issuer:     ALLSTATE CORP (ALL)
CIK:        0000899051
Form:       8-K
Filed at:   2024-06-20T23:59:59+00:00
Accession:  0000899051-24-000041
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Allstate May 2024 cat losses $1.40B pre-tax ($1.10B after-tax); 5 wind/hail events in TX, CO, IL drive ~70%
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- Pre-tax catastrophe losses for May 2024: $1.40B; after-tax $1.10B.
- 14 catastrophe events estimated at $1.48B; ~70% from five wind/hail events in Texas, Colorado, Illinois.
- Combined April+May 2024 pre-tax losses: $1.89B; year-to-date through May: $2.62B pre-tax.
- Losses stem from severe convective storms; impact on earnings to be reported in quarterly results.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/899051/000089905124000041/0000899051-24-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/899051/000089905124000041/all-20240620.htm
  HTML page:      https://secwatch.observer/filing/0000899051-24-000041

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