8-KOther EventsExhibits & Filings

ALLSTATE CORP 8-K Report, Corporate Update (Sep 2, 2004)

Filed September 2, 2004For Securities:ALLALL-PJALL-PBALL-PHALL-PI

Summary

This Form 8-K filing from The Allstate Corporation, dated September 2, 2004, primarily serves to disclose the impact of Hurricane Charley on the company. A press release issued on August 31, 2004, and attached as an exhibit, details the estimated financial losses resulting from the hurricane. This information is crucial for investors to understand the potential short-term financial strain on the company and its impact on profitability and potentially its financial reserves. Investors should pay close attention to the magnitude of these losses as announced in the press release. While the filing itself is brief, the attached exhibit provides the core information regarding the hurricane's financial consequences. This event highlights the inherent risks associated with the insurance industry, particularly from natural catastrophes, and its direct effect on an insurer's bottom line.

Key Highlights

  • 1The Allstate Corporation filed an 8-K report on September 2, 2004.
  • 2The filing's primary purpose is to report on losses sustained due to Hurricane Charley.
  • 3A press release dated August 31, 2004, detailing these losses is attached as Exhibit 99.
  • 4The event date for the earliest reported event is August 31, 2004.
  • 5This filing informs investors about a significant event impacting the company's financial performance.
  • 6The report indicates the company is proactively communicating a material event to the market.

Frequently Asked Questions

The main reason for this 8-K filing is to formally disclose the estimated financial losses incurred by The Allstate Corporation as a result of Hurricane Charley.

The specific details regarding the estimated losses from Hurricane Charley can be found in the press release dated August 31, 2004, which is included as Exhibit 99 to this 8-K filing.

The earliest reported event date concerning these losses is August 31, 2004, which is when the press release was issued.

This filing announces that a press release was issued detailing the estimated losses. Investors should refer to the attached press release (Exhibit 99) for the most up-to-date information on the estimated financial impact.