{"schema_version":"secwatch.filing_event.v1","accession":"0000899051-24-000058","form_type":"8-K","ticker":"ALL","cik":"0000899051","company_name":"ALLSTATE CORP","filed_at":"2024-08-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.239858+00:00","generated_at":"2026-05-31T09:55:28.009438+00:00","sec_items":["8.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Allstate to sell Employer Voluntary Benefits to The Standard for $2B cash; expects gain of ~$600M","bullets":["Sale includes American Heritage Life Insurance and American Heritage Service Company; expected close first half 2025.","Allstate sees gain of about $600M and increase in deployable capital by $1.6B; Adjusted net income ROE to decline ~100 bps.","Sold business had H1 2024 revenues of $535M, Adjusted Net Income of $45M, statutory capital and surplus of $255M.","Five-year exclusive distribution arrangement allows Allstate agents to offer broader options to customers.","Discussions on sale of Individual and Group Health businesses continuing; J.P. Morgan and Ardea Partners advising Allstate."],"urls":{"canonical":"https://secwatch.observer/filing/0000899051-24-000058","json":"https://secwatch.observer/filing/0000899051-24-000058.json","markdown":"https://secwatch.observer/filing/0000899051-24-000058.md","text":"https://secwatch.observer/filing/0000899051-24-000058.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/899051/000089905124000058/0000899051-24-000058-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/899051/000089905124000058/all-20240813.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T09:55:28.009438+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}