Articles from The Allstate Corporation

The Allstate Corporation (NYSEALL) announced a definitive agreement to sell its Group Health business to Nationwide for $1.25 billion in cash, adjusted for the closing balance sheet, and subject to standard closing conditions including regulatory approvals. For the first nine months of 2024, Group Health had revenues of $608 million and Adjusted Net Income of $69 million.

The Allstate Corporation (NYSEALL) will host a conference call and webcast at 9 a.m. ET on Thursday, Feb. 6, 2025, to discuss fourth quarter 2024 financial results.

Nick Dawkins, a three-time Academic All-Big Ten honoree and Penn State's 2023 Public Service Award winner who founded the Dawkins Family Foundation to champion academic and athletic excellence for young students, is this year’s Allstate Wuerffel Trophy recipient and Allstate AFCA Good Works Team Captain.

Allstate declared approximately $29.3 million in aggregate dividends on three series of preferred stock for the dividend period from Oct. 15, 2024, through Jan. 14, 2025. All the preferred dividends are payable in cash on Jan. 15, 2025, to stockholders of record at the close of business on Dec. 31, 2024, as follows:

The Allstate Corporation (NYSEALL) today announced estimated catastrophe losses for the month of October of $286 million or $226 million, after-tax, including $102 million, pre-tax, from Hurricane Milton and unfavorable reserve reestimates of $144 million, pre-tax, related to Hurricane Helene, primarily in Georgia, South Carolina and North Carolina. Total catastrophe losses for October year-to-date were $4.84 billion or $3.82 billion, after-tax.

The Allstate Corporation (NYSEALL) announced that Tom Wilson, its Chair, President and Chief Executive Officer, will present at the Goldman Sachs U.S. Financial Services Conference at 7:40 a.m. Central Time on Tuesday, Dec. 10.

The Allstate Corporation (NYSEALL) announced today its board of directors approved a quarterly dividend of $0.92 cents on each outstanding share of the corporation's common stock be payable in cash on Jan. 2, 2025, to stockholders of record at the close of business on Nov. 29, 2024.

As the holiday season nears, Allstate and Arlo, a leading smart home security brand, are introducing a smarter way to protect homeowners with The Arlo Total Security bundle for Allstate.

The Allstate Corporation (NYSEALL) today reported financial results for the third quarter of 2024.

Allstate today announced a new chapter in its longstanding support of college athletics that will spotlight and elevate all sports and all athletes. As part of this effort, Allstate will expand its most recognizable and impactful college football properties – the Good Hands field goal nets program and the Good Works Team – to create more opportunities for all student-athletes to achieve success on and off the field.

The Allstate Corporation (NYSEALL) will host a conference call and webcast at 9 a.m. ET on Thursday, Oct. 31, 2024, to discuss third quarter 2024 financial results.

The Allstate Corporation (NYSEALL) today announced estimated catastrophe losses for the month of August of $272 million or $215 million, after-tax, including favorable reserve reestimates for prior period events.

There’s a billion-dollar disaster every 18 days. Allstate is committed to helping you safeguard your loved ones and property. September is National Preparedness Month and with hurricane season upon us and other potential threats like wildfires, floods, and earthquakes, now is the time to take proactive steps to ensure your safety and resilience.

The Allstate Corporation (NYSEALL) today announced estimated catastrophe losses for the month of July of $542 million or $428 million, after-tax.

The Allstate Corporation (NYSEALL) announced a definitive agreement to sell the Employer Voluntary Benefits business to StanCorp Financial Group, Inc., (The Standard) for $2.0 billion. The sale represents the first step in the strategic decision to enable the three Allstate Health & Benefits businesses – Employer Voluntary Benefits, Individual and Group Health – to realize their full growth potential by combining them with companies that have additional capabilities.

The Allstate Corporation (NYSEALL) today reported financial results for the second quarter of 2024.

The Allstate Corporation (NYSEALL) today announced estimated catastrophe losses for the month of June of $230 million or $182 million, after-tax.

The Allstate Corporation (NYSEALL) announced today its board of directors approved a quarterly dividend of $0.92 cents on each outstanding share of the corporation's common stock be payable in cash on Oct. 1, 2024, to stockholders of record at the close of business on Aug. 30, 2024.

Allstate is partnering with the Wuerffel Foundation to bring together two of the most meaningful awards in college football.

Honolulu has the safest drivers in America, according to the 16th Allstate America’s Best Drivers Report®. Minneapolis, Seattle, Portland, Oregon, and Virginia Beach round out the Top 5.

The Allstate Corporation (NYSEALL) will host a conference call and webcast at 9 a.m. Eastern on Thursday, Aug. 1, 2024, to discuss second quarter 2024 earnings.

Every $1 spent on climate resilience and preparedness saves communities $13 in damages, cleanup costs and economic impact, according to a new economic study by Allstate, the U.S. Chamber of Commerce and the U.S. Chamber of Commerce Foundation.

The Allstate Corporation (NYSEALL) today announced estimated catastrophe losses for the month of May of $1.40 billion or $1.10 billion, after-tax.

Detroit’s northeast side is now home to a new soccer mini-pitch, courtesy of Allstate and U.S. Men’s National Team 2022 World Cup Captain Tyler Adams. The mini-pitch was unveiled June 15 at Fisher Magnet Upper Academy, home to a soccer clinic for 7- to 12-year-olds.

The Allstate Corporation (NYSEALL), one of the nation’s largest publicly held personal lines insurers, announced that Tom Wilson, its Chair, President and Chief Executive Officer, will present at the William Blair Growth Stock Conference at 8:00 a.m. Central on Wednesday, June 5.

The Allstate Corporation (NYSEALL) today announced estimated catastrophe losses for the month of April of $494 million or $390 million, after-tax.

The Allstate Corporation (NYSEALL) announced today its board of directors approved a quarterly dividend of $0.92 cents on each outstanding share of the corporation's common stock be payable in cash on July 1, 2024, to stockholders of record at the close of business on May 31, 2024.

The Allstate Corporation (NYSEALL) today reported financial results for the first quarter of 2024.

The Allstate Corporation (NYSEALL) today announced estimated catastrophe losses for the month of March of $328 million or $259 million, after-tax.

Allstate customers have a choice to opt into the Allstate app’s safe driving features and those who do are safer on the road, according to Allstate and its mobility data and analytics partner Arity.

The Allstate Corporation (NYSEALL) will host a conference call and webcast at 9 a.m. Eastern on Thursday, May 2, 2024, to discuss first quarter 2024 earnings.

The Allstate Corporation (NYSEALL) today announced that estimated catastrophe losses were below the $150 million reporting threshold for February 2024.

The Allstate Corporation (NYSEALL) announced that its board of directors approved a quarterly dividend of $0.92 on Feb. 22, 2024, which is an increase of $0.03, or 3.4%, per share compared to last quarter. Allstate also declared the payment of quarterly preferred dividends.

The Allstate Corporation (NYSEALL) today announced estimated catastrophe losses for the month of January of $276 million or $218 million, after-tax.

The Allstate Corporation (NYSEALL), one of the nation’s largest publicly held personal lines insurers, announced that Jess Merten, its Chief Financial Officer, will present at the Raymond James Annual Institutional Investors Conference at 7:40 a.m. Central on Monday, March 4.

The Allstate Corporation (NYSEALL) has filed a Form 8-K reporting its financial results for the quarter ended Dec. 31, 2023. You can find the Form 8-K, including the earnings release and investor supplement, on the company’s page at sec.gov. These materials are also now available at www.allstateinvestors.com, including the press release.

The Allstate Corporation (NYSEALL) today reported financial results for the fourth quarter of 2023.

The Allstate Corporation (NYSEALL) today announced fourth quarter estimated catastrophe losses, prior year reserve reestimates and implemented rates.

The Allstate Corporation (NYSEALL) will conduct a conference call and webcast at 9 a.m. Eastern on Thursday, Feb. 8, 2024, to discuss fourth quarter 2023 earnings.

The Allstate Corporation (NYSEALL) today announced implemented auto and homeowners insurance rates for November 2023.

The Allstate Corporation (NYSEALL) today declared approximately $29.3 million in aggregate dividends on three series of preferred stock for the dividend period from Oct. 15, 2023, through Jan. 14, 2024. All the preferred dividends are payable in cash on Jan. 16, 2024, to stockholders of record at the close of business on Dec. 29, 2023, as follows:

Allstate is excited to unveil its pioneering collaboration with renowned social media creator Katie Feeney as the company’s inaugural on-the-road college football correspondent. Feeney will take fans on an exclusive behind-the-scenes journey to some of the most highly anticipated college football games. This will include her travels to the stadium using Allstate Drivewise®, interactions with fans, and capturing the overall excitement.

First Team All-American and star running back at the University of Michigan, Blake Corum, adds another prestigious title to his collection as he is named this year’s honorary captain for the 2023 Allstate AFCA Good Works Team®.

The Allstate Corporation (NYSEALL) announced that Maria Morris, 61, former Executive Vice President, Global Employee Benefits, MetLife NYSE: METNYSEMET)

The Allstate Corporation (NYSEALL), one of the nation’s largest publicly held personal lines insurers, announced that Tom Wilson, its Chair, President and Chief Executive Officer, will present at the Goldman Sachs U.S. Financial Services Conference at 9:20 a.m. Eastern Time on Wednesday, Dec. 6.

The Allstate Corporation (NYSEALL) today announced implemented auto and homeowners insurance rates for October 2023.

The Allstate Corporation (NYSEALL) has filed a Form 8-K reporting its financial results for the quarter ended Sept. 30, 2023. You can find the Form 8-K, including the earnings release and investor supplement, on the company’s page at sec.gov. These materials will be available by approximately 5 p.m. Eastern at www.allstateinvestors.com.

The Allstate Corporation (NYSEALL) today reported financial results for the third quarter of 2023.

The Allstate Corporation (NYSEALL) today announced estimated catastrophe losses for the month of September of $317 million or $250 million, after-tax.

The Allstate Corporation (NYSEALL) will conduct a conference call and webcast at 9 a.m. Eastern on Thursday, Nov. 2, 2023, to discuss third quarter 2023 earnings.

The Allstate Corporation (NYSEALL) today announced estimated catastrophe losses for the month of August of $551 million or $435 million, after-tax.

Allstate and the American Football Coaches Association (AFCA) are recognizing 22 student-athletes and one head coach for exemplary community impact by naming them to the Allstate AFCA Good Works Team ®.

The Allstate Corporation (NYSEALL) today declared approximately $18.2 million in aggregate dividends on two series of preferred stock for the dividend period from July 15, 2023, through Oct. 14, 2023. All the preferred dividends are payable in cash on Oct. 16, 2023, to stockholders of record at the close of business on Sept. 29, 2023, as follows:

The Allstate Corporation (NYSEALL), one of the nation’s largest publicly held personal lines insurers, announced that Jess Merten, Chief Financial Officer, will present at the Barclays Global Financial Services Conference at 8:15 a.m. Eastern Time on Tuesday, Sept. 12.

The Allstate Corporation (NYSEALL) today announced estimated catastrophe losses for the month of July of $313 million or $247 million, after-tax.

The Allstate Corporation (NYSEALL) today reported financial results for the second quarter of 2023.

The Allstate Corporation (NYSEALL) has filed a Form 8-K reporting its financial results for the quarter ended June 30, 2023. You can find the Form 8-K, including the earnings release and investor supplement, as well as the quarterly Form 10-Q, on the company’s page at sec.gov. These materials will be available by approximately 5 p.m. Eastern at www.allstateinvestors.com.

The Allstate Corporation (NYSEALL) today announced estimated catastrophe losses for the month of June of $1.01 billion or $799 million, after-tax.

The Allstate Corporation (NYSEALL) today announced its board of directors has approved a quarterly dividend of 89 cents on each outstanding share of the corporation's common stock, payable in cash on Oct. 2, 2023, to stockholders of record at the close of business on Aug. 31, 2023.

The Allstate Corporation (NYSEALL) will conduct a conference call and webcast at 11:00 a.m. Eastern on Wednesday, Aug. 2, 2023, to discuss second quarter 2023 earnings.

The Allstate Corporation (NYSEALL) today announced estimated catastrophe losses for the month of May of $885 million or $699 million, after-tax.

The Allstate Corporation (NYSEALL) announced today that its board of directors has approved a quarterly dividend of $0.89 per outstanding common share. Allstate also declared the payment of quarterly preferred dividends.

The latest numbers from Allstate show that catalytic converter replacements among its customers grew 1,155% nationally between 2019 and 2022. You read that right: Over a thousand percent!

The Allstate Corporation (NYSEALL) today announced estimated catastrophe losses for the month of April of $799 million or $631 million, after-tax.

The Allstate Corporation (NYSEALL) announced that on May 15, 2023 it priced a $600 million public offering of 7.375% Fixed Rate Noncumulative Perpetual Preferred Stock, Series J (Series J Preferred Stock). The company intends to use the net proceeds for general corporate purposes, due to the redemption of all outstanding shares of Series G Preferred Stock on April 17, 2023, at par for a total redemption payment of $575 million. Loop Capital Markets is a bookrunner on the transaction, making this the first time a minority-, women- or veteran-owned business enterprise has acted as a joint bookrunner on a preferred stock issuance.

The Allstate Corporation (NYSEALL) today reported financial results for the first quarter of 2023.

The Allstate Corporation (NYSEALL) has filed a Form 8-K reporting its financial results for the quarter ended March 31, 2023. You can find the Form 8-K, including the earnings release and investor supplement, on the company’s page at sec.gov. These materials will be available by approximately 5 p.m. Eastern at www.allstateinvestors.com.

The Allstate Corporation (NYSEALL) today announced estimated catastrophe losses for the month of March of $1.17 billion or $927 million, after-tax.

The Allstate Corporation (NYSEALL) will conduct a conference call and webcast at 9 a.m. Eastern on Thursday, May 4, 2023, to discuss first quarter 2023 earnings.

Taxpayers may get lower refunds this year, but that’s not stopping scammers from trying to steal them.

The Allstate Corporation (NYSEALL) today announced estimated catastrophe losses for the month of February of $211 million or $167 million, after-tax.

The Allstate Corporation (NYSEALL), one of the nation’s largest publicly held personal lines insurers, announced that Jess Merten, its Chief Financial Officer, will present at the Raymond James Annual Institutional Investors Conference at 9:15 a.m. Eastern on Monday, March 6.

As part of Allstate’s priority to effectively manage our capital, The Allstate Corporation (NYSEALL) today announced that on April 17, 2023, it will redeem all of its outstanding Series G Preferred Stock at par for a total redemption payment of $575 million. The dividend rate of the securities to be redeemed is 5.625%.

The Allstate Corporation (NYSEALL) announced today that its board of directors has approved a quarterly dividend of $0.89, which is an increase of $0.04, or 4.7%, per share compared to last quarter. Allstate also declared the payment of quarterly preferred dividends.

The Allstate Corporation (NYSEALL) today announced estimated catastrophe losses for the month of January of $307 million or $243 million, after-tax.