Summary
Allstate Corp filed an 8-K on December 14, 2023, to disclose information regarding its implemented auto and home insurance rates for November 2023. The company announced that its estimated catastrophe losses for November 2023 were below the $150 million reporting threshold, indicating a favorable month in terms of major weather events impacting the company's financial results. The press release and a detailed exhibit on implemented rate changes are available on Allstate's investor relations website.
Key Highlights
- 1Allstate announced implemented auto and home insurance rates for November 2023.
- 2Estimated catastrophe losses for November 2023 were below the $150 million reporting threshold.
- 3This suggests a relatively quiet month for significant weather-related claims impacting the company.
- 4The information was disclosed via a press release and an implemented rate exhibit filed as exhibits to the 8-K.
- 5These documents are available on the Allstate investors website (allstateinvestors.com).
- 6The exhibits are furnished, not filed, in accordance with SEC regulations.
Frequently Asked Questions
The main purpose of this 8-K filing is to publicly disclose Allstate's implemented auto and home insurance rate changes for November 2023 and to report that their estimated catastrophe losses for the month were below a significant threshold.
No, Allstate reported that their estimated catastrophe losses for November 2023 were below the $150 million reporting threshold, indicating no significant widespread events caused substantial losses during that month.
Investors can find more details about the implemented auto and home rates for November 2023 on the Allstate investors website (allstateinvestors.com) by accessing the press release (Exhibit 99.1) and the implemented rate exhibit (Exhibit 99.2) attached to this 8-K filing.