SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) September 14, 2001
The Allstate Corporation
(Exact Name of Registrant as Specified in Charter)
Delaware |
1-11840 |
36-3871531 |
||
| (State or Other Jurisdiction of Incorporation) |
(Commission File Number) | (I.R.S. Employer Identification Number) | ||
2775 Sanders Road, Northbrook, Illinois |
60062 |
|||
| (Address of Principal Executive Offices) | (Zip Code) | |||
Registrant's telephone number, including area code (847) 402-5000
Page
1 of 6
Exhibit Index at page 4
Item 7. Financial Statements and Exhibits
(c) Exhibits
| Exhibit No. |
Description |
|
|---|---|---|
| 99.1 | Registrant's press release dated September 14, 2001 | |
| 99.2 | Registrant's press release dated September 17, 2001 |
Item 9. Regulation FD Disclosure
On September 14, 2001, the Registrant issued the press release attached hereto as Exhibit 99.1. On September 17, 2001, the Registrant issued the press release attached hereto as Exhibit 99.2.
Page 2 of 6
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, thereunto duly authorized.
| THE ALLSTATE CORPORATION | |||
By: |
/s/ EMMA M. KALAIDJIAN Name: Emma M. Kalaidjian Title: Assistant Secretary |
||
September 17, 2001 |
|||
Page 3 of 6
| Number |
Description |
Sequential Page Number |
||
|---|---|---|---|---|
| 99.1 | Registrant's press release dated September 14, 2001 | 5 | ||
| 99.2 | Registrant's press release dated September 17, 2001 | 6 |
Page 4 of 6
FOR IMMEDIATE RELEASE
| Contact: | Michael Trevino Media Relations (847) 402-5600 |
|
Robert Block Phil Dorn Investor Relations (847) 402-2800 |
Allstate Explains Its Insurance Exposure in Lower Manhattan
NORTHBROOK, Ill., September 14, 2001—The Allstate Corporation (NYSE: ALL) reported today that while it expects to pay auto, property, commercial and life insurance claims from the Sept. 11, 2001 tragedy, based on what is known today, this should not be a major financial event for Allstate. Nonetheless, it is a major event for each and every customer affected.
"Stepping in after tragedy has struck and helping people deal with loss is our business. This tragedy is particularly painful for its effect on us all as Americans. We are prepared to do our job to the very best of our ability paying the automobile, property and life insurance claims of our policyholders in the hopes that at least some part of those affected lives will be cared for," said chairman, president, and CEO Edward M. Liddy.
"The news reports about damages 'in the billions of dollars' for the insurance industry refer mainly to the heavy commercial losses anticipated for insurers of the physical structures of and near the World Trade Center, the businesses within them, and the airplanes involved. Allstate does not write large-risk commercial insurance. We write only small commercial policies, primarily associated with commercial automobiles and fleets."
The Allstate Corporation (NYSE: ALL) is the nation's largest publicly held personal lines insurer. Widely known through the "You're In Good Hands With Allstate®" slogan, Allstate provides insurance products to more than 14 million households and has approximately 13,000 exclusive agents in the U.S. and Canada. Customers can access Allstate products and services through Allstate agents, or in select states at allstate.com and 1-800-Allstate. EncompassSM and DeerbrookSM Insurance brand property and casualty products are sold exclusively through independent agents. Allstate Financial Group includes the businesses that provide life insurance, retirement and investment products, through Allstate agents, workplace marketing, independent agents, banks and securities firms.
Page 5 of 6
FOR IMMEDIATE RELEASE
| Contact: | Michael Trevino Media Relations (847) 402-5600 |
Allstate Announces New Stock Repurchase Program
NORTHBROOK, Ill., Sept. 17, 2001 — The Allstate Corporation (NYSE: ALL) announced that today it will begin a new $500 million share repurchase program. The program is to be completed by the end of 2002.
The previous buyback program was a $2 billion program that was completed on Sept. 5, 2001.
"This decision is a further demonstration of our confidence in the company's strategies and direction, and our strong commitment to maximizing shareholder value," said chairman, president, CEO Edward M. Liddy.
The Allstate Corporation (NYSE: ALL) is the nation's largest publicly held personal lines insurer. Widely known through the "You're In Good Hands With Allstate®" slogan, Allstate provides insurance products to more than 14 million households and has approximately 13,000 exclusive agents in the U.S. and Canada. Customers can access Allstate products and services through Allstate agents, or in select states at allstate.com and 1-800-Allstate. EncompassSM and DeerbrookSM Insurance brand property and casualty products are sold exclusively through independent agents. Allstate Financial Group includes the businesses that provide life insurance, retirement and investment products, through Allstate agents, workplace marketing, independent agents, banks and securities firms.
Page 6 of 6