8-KRegulation FDExhibits & Filings

ALLSTATE CORP 8-K Report, Regulation FD Disclosure (Nov 21, 2019)

Filed November 21, 2019For Securities:ALLALL-PJALL-PBALL-PHALL-PI

Summary

Allstate Corp (ALL) filed an 8-K on November 21, 2019, primarily to disclose estimated catastrophe losses for October 2019. This filing serves as an update to investors regarding the company's performance, specifically the impact of weather-related events. While the filing itself is brief, the attached press release (Exhibit 99) contains the crucial financial information regarding these losses, which is vital for understanding the company's profitability and risk exposure during the period. Investors should pay close attention to the magnitude of these catastrophe losses as they can significantly impact Allstate's quarterly and annual earnings. This type of disclosure is standard for property and casualty insurers, allowing for timely information dissemination regarding major events. The filing also includes the interactive data file for enhanced accessibility.

Key Highlights

  • 1Allstate Corp (ALL) filed an 8-K on November 21, 2019, reporting on an event date of November 20, 2019.
  • 2The primary purpose of the filing is to disclose estimated catastrophe losses for October 2019 via an attached press release (Exhibit 99).
  • 3The press release is furnished and not filed, as per Regulation FD disclosure rules.
  • 4This disclosure is important for investors to assess the impact of weather events on the company's financial performance.
  • 5The filing incorporates the press release by reference.
  • 6The report also includes the Cover Page Interactive Data File in inline XBRL format.

Frequently Asked Questions

The main financial information disclosed is the Allstate Corp's estimated catastrophe losses for the month of October 2019, as detailed in the attached press release (Exhibit 99).

This information is important for investors because catastrophe losses can significantly impact an insurer's profitability and financial results. Disclosing these estimates allows investors to gauge the immediate financial impact of major weather events on the company.

The press release being 'furnished' means it is made available to the public under Regulation FD (Fair Disclosure), ensuring timely and widespread dissemination of material information. However, it is not subject to the same legal liabilities as 'filed' documents under the Securities Exchange Act of 1934.

The specific details of the October 2019 catastrophe losses are located within the press release attached as Exhibit 99 to this 8-K filing.