secwatch.observer — SEC 8-K summary
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Issuer:     ALLSTATE CORP (ALL)
CIK:        0000899051
Form:       8-K
Filed at:   2025-04-17T23:59:59+00:00
Accession:  0000899051-25-000026
Event type: other_material
Sentiment:  negative
Materiality: 0.80
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Allstate reports March catastrophe losses of $1.04B, exceeds annual reinsurance retention
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- March estimated catastrophe losses $1.04B pre-tax ($818M after-tax) from 11 events; ~80% from 4 wind/hail events.
- Q1 2025 total catastrophe losses $2.20B pre-tax ($1.74B after-tax).
- Surpassed annual aggregate reinsurance retention for risk period ending March 31, 2025; expected recoveries ~$123M.
- Auto policies in force 25.1M, +0.8% vs Feb; homeowners 7.55M, +2.5% YoY.
- Commercial lines policies 189K, down 30.8% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/899051/000089905125000026/0000899051-25-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/899051/000089905125000026/all-20250417.htm
  HTML page:      https://secwatch.observer/filing/0000899051-25-000026

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