---
schema_version: "secwatch.filing_event.v1"
accession: "0000899051-25-000022"
form_type: "8-K"
ticker: "ALL"
cik: "0000899051"
company_name: "ALLSTATE CORP"
filed_at: "2025-04-01T23:59:59+00:00"
generated_at: "2026-05-24T01:21:13.503110+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Allstate completes $2B sale of Employer Voluntary Benefits to StanCorp

## Summary
- Completed sale to StanCorp Financial Group for $2.0 billion in cash.
- Transaction generated a book gain of approximately $625 million.
- Combined with Group Health sale, expected total proceeds of $3.25 billion in 2025.
- Proceeds to support capital management, including share repurchase program.
- Allstate focuses on increasing personal property-liability market share and expanding protection services.

## SEC filing metadata
- accession: 0000899051-25-000022
- form_type: 8-K
- ticker: ALL
- cik: 0000899051
- company_name: ALLSTATE CORP
- filed_at: 2025-04-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/899051/000089905125000022/0000899051-25-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/899051/000089905125000022/all-20250401.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000899051-25-000022
- JSON: https://secwatch.observer/filing/0000899051-25-000022.json
- Plain text: https://secwatch.observer/filing/0000899051-25-000022.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
