secwatch.observer — SEC 8-K summary
======================================

Issuer:     ALLSTATE CORP (ALL)
CIK:        0000899051
Form:       8-K
Filed at:   2024-10-17T23:59:59+00:00
Accession:  0000899051-24-000075
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Allstate reports Q3 2024 cat losses of $1.70B pre-tax; Helene $630M; reserve review unfavorable $58M
--------------------------------------------------------------------------------

- September catastrophe losses $889M pre-tax ($702M after-tax); $630M from Hurricane Helene.
- Q3 2024 total catastrophe losses $1.70B pre-tax ($1.35B after-tax); YTD through Sep $4.55B pre-tax.
- Annual run-off reserve review: unfavorable reestimates of $58M pre-tax ($46M after-tax).
- Allstate brand auto insurance rate increases: 2.9% premium impact in Q3, 6.3% YTD; approvals in NY, NJ, TX.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/899051/000089905124000075/0000899051-24-000075-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/899051/000089905124000075/all-20241017.htm
  HTML page:      https://secwatch.observer/filing/0000899051-24-000075

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer