SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
PURSUANT TO SECTION 13 OR 15 (d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): June 17, 2021
THE ALLSTATE CORPORATION
(Exact name of registrant as specified in its charter)
|Delaware|| ||1-11840|| ||36-3871531|
|(State or other|
jurisdiction of incorporation)
| ||(IRS Employer|
2775 Sanders Road, Northbrook, Illinois 60062
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code (847) 402-5000
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
|Title of each class||Trading Symbols||Name of each exchange on which registered|
|Common Stock, par value $0.01 per share||ALL||New York Stock Exchange|
Chicago Stock Exchange
|5.100% Fixed-to-Floating Rate Subordinated Debentures due 2053||ALL.PR.B||New York Stock Exchange|
|Depositary Shares represent 1/1,000th of a share of 5.625% Noncumulative Preferred Stock, Series G||ALL PR G||New York Stock Exchange|
|Depositary Shares represent 1/1,000th of a share of 5.100% Noncumulative Preferred Stock, Series H||ALL PR H||New York Stock Exchange|
|Depositary Shares represent 1/1,000th of a share of 4.750% Noncumulative Preferred Stock, Series I||ALL PR I||New York Stock Exchange|
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ____
Section 7 – Regulation FD
Item 7.01. Regulation FD Disclosure.
The Registrant’s press release dated June 17, 2021, announcing its estimated catastrophe losses for May 2021, is attached hereto as Exhibit 99 and is incorporated herein by reference. The press release is furnished and not filed, pursuant to Instruction B.2 of Form 8-K.
Section 9 – Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| ||THE ALLSTATE CORPORATION|
| || |
| || |
| ||By:||/s/ Daniel G. Gordon|| |
| ||Name:||Daniel G. Gordon|
| ||Title:||Vice President, Assistant General|
| || ||Counsel and Assistant Secretary|
| || || |
|Date:||June 17, 2021|| || |
FOR IMMEDIATE RELEASE
|Greg Burns||Mark Nogal|
|Media Relations||Investor Relations|
|(847) 402-5600||(847) 402-2800|
Allstate Announces May 2021 Catastrophe Losses
NORTHBROOK, Ill., June 17, 2021 – The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of May of $213 million pre-tax, or $168 million, after-tax. Catastrophe losses for April and May totaled $598 million, after-tax.
Catastrophe losses in May comprised seven events at an estimated cost of $193 million plus unfavorable prior period reserve estimates. Two large hail events, primarily impacting Texas, accounted for approximately 60% of May estimated catastrophe losses.
Financial information, including material announcements about The Allstate Corporation, is routinely posted on www.allstateinvestors.com.
This news release contains “forward-looking statements” that anticipate results based on our estimates, assumptions and plans that are subject to uncertainty. These statements are made subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements do not relate strictly to historical or current facts and may be identified by their use of words like “plans,” “seeks,” “expects,” “will,” “should,” “anticipates,” “estimates,” “intends,” “believes,” “likely,” “targets” and other words with similar meanings. We believe these statements are based on reasonable estimates, assumptions and plans. However, if the estimates, assumptions or plans underlying the forward-looking statements prove inaccurate or if other risks or uncertainties arise, actual results could differ materially from those communicated in these forward-looking statements. Factors that could cause actual results to differ materially from those expressed in, or implied by, the forward-looking statements may be found in our filings with the U.S. Securities and Exchange Commission, including the “Risk Factors” section in our most recent annual report on Form 10-K. Forward-looking statements are as of the date on which they are made, and we assume no obligation to update or revise any forward-looking statement.
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