THE ALLSTATE CORPORATION

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Associated tags: Allstate, Identity theft, Workplace, ALL, Insurance, Professional Services, NYSE, Finance

Locations: UNITED STATES, NORTH AMERICA, ILLINOIS, , FLORIDA, KENTUCKY, SAINT PETERSBURG, GEORGIA

Allstate CEO to present at William Blair Growth Stock Conference

Retrieved on: 
Thursday, May 16, 2024

The Allstate Corporation (NYSE: ALL), 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.

Key Points: 
  • The Allstate Corporation (NYSE: ALL), 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.
  • A webcast of the presentation can be accessed at www.allstateinvestors.com .
  • A replay will also be posted there shortly after the presentation ends.
  • Financial information, including material announcements about The Allstate Corporation, is routinely posted on www.allstateinvestors.com .

Allstate Announces April 2024 Catastrophe Losses

Retrieved on: 
Thursday, May 16, 2024

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

Key Points: 
  • The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of April of $494 million or $390 million, after-tax.
  • Catastrophe losses included 11 events estimated at $491 million, with approximately 80% of the losses related to four wind, hail or tornadic events.
  • Financial information, including material announcements about The Allstate Corporation, is routinely posted on www.allstateinvestors.com .

Allstate Announces Quarterly Dividend

Retrieved on: 
Tuesday, May 14, 2024

The Allstate Corporation (NYSE: ALL) 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.

Key Points: 
  • The Allstate Corporation (NYSE: ALL) 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.
  • Financial information, including material announcements about The Allstate Corporation, is routinely posted on www.allstateinvestors.com .
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20240514925597/en/

Allstate Announces March and First Quarter 2024 Catastrophe Losses and Implemented Rates

Retrieved on: 
Thursday, April 18, 2024

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

Key Points: 
  • The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of March of $328 million or $259 million, after-tax.
  • March month catastrophe losses include six events estimated at $343 million or $271 million, after-tax, with approximately 80% of the losses related to one hail event, partially offset by favorable reserve reestimates for prior events.
  • Total catastrophe losses for the first quarter were $731 million, pre-tax.
  • Rate increases for Allstate brand auto insurance resulted in a premium impact of 0.9% for the month of March and 2.4% year-to-date.

Allstate Customers Using Safe Driving App Have 25% Fewer Severe Collisions

Retrieved on: 
Wednesday, April 17, 2024

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.

Key Points: 
  • 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.
  • Among the 100 most populous urban areas in the U.S., average Drivewise customers compared to other connected drivers:
    Handle their phones 44% less while driving.
  • “We offer customers the choice to pay a rate based on their driving,” said Ginger Purgatorio, executive vice president at Allstate.
  • “We find that when customers choose to use Drivewise on their Allstate mobile app, they tend to drive safer.

Allstate to discuss first quarter 2024 earnings with investors

Retrieved on: 
Wednesday, April 3, 2024

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

Key Points: 
  • The Allstate Corporation (NYSE: ALL) will host a conference call and webcast at 9 a.m. Eastern on Thursday, May 2, 2024, to discuss first quarter 2024 earnings.
  • To view Allstate’s quarterly results after their filing, including the earnings release and investor supplement, visit the SEC website at www.sec.gov .
  • Visit www.allstateinvestors.com for the following:
    Review the Form 8-K, including the earnings release and investor supplement, after filing.
  • Stay up to date about financial information, like material announcements about The Allstate Corporation, which is routinely posted.

Allstate Announces February 2024 Catastrophe Losses and Implemented Rates

Retrieved on: 
Thursday, March 21, 2024

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

Key Points: 
  • The Allstate Corporation (NYSE: ALL) today announced that estimated catastrophe losses were below the $150 million reporting threshold for February 2024.
  • Rate increases for Allstate brand auto insurance resulted in a premium impact of 0.1% for the month of February and 1.5% year-to-date.
  • Rate increases for Allstate brand homeowners insurance have resulted in a premium impact of 2.4% for the month of February and 2.7% year-to-date.
  • Implemented rate increases and inflation in insured home replacement costs resulted in a 12.4% increase in homeowners insurance average gross written premium in February 2024 compared to the prior year.

Allstate Announces Quarterly Dividends

Retrieved on: 
Friday, February 23, 2024

The Allstate Corporation (NYSE: ALL) 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.

Key Points: 
  • The Allstate Corporation (NYSE: ALL) 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.
  • Allstate declared a quarterly dividend of $0.92 cents on each outstanding share of the corporation's common stock, payable in cash on April 1, 2024, to stockholders of record at the close of business on March 4, 2024.
  • Allstate also declared approximately $29.3 million in aggregate dividends on three series of preferred stock for the dividend period from Jan. 15, 2024, through April 14, 2024.

Allstate Announces January 2024 Catastrophe Losses and Implemented Rates

Retrieved on: 
Thursday, February 15, 2024

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

Key Points: 
  • The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of January of $276 million or $218 million, after-tax.
  • Estimated January catastrophe losses of $325 million were primarily driven by two events that comprised approximately 80% of the losses, partially offset by favorable reserve reestimates for prior events.
  • “Allstate continues to pursue rate increases as we execute the auto insurance profit improvement plan and keep pace with loss cost trends.
  • Implemented rate increases and inflation in insured home replacement costs resulted in a 12.1% increase in homeowners insurance average gross written premium in January 2024 compared to the prior year,” said Jess Merten, Chief Financial Officer of The Allstate Corporation.