Every material Form 8-K Allstate has filed with the SEC since April 18, 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Allstate reported third-quarter 2026 net income applicable to common shareholders of $2.1 billion, down from $3.7 billion a year earlier primarily due to higher catastrophe losses and prior-year asset sales. Total revenues rose 0.5% to $17.3 billion, while adjusted net income was $2.5 billion, or $9.76 per diluted share. Shareholders experienced increased property-liability policies in force and capital returns of approximately $1.5 billion during the quarter.
Total revenues reached $17.3 billion in the third quarter of 2026, a 0.5% increase compared to the prior year quarter.
Net income applicable to common shareholders was $2.1 billion, or $8.03 per diluted share.
Adjusted net income was $2.5 billion, or $9.76 per diluted share.
Catastrophe losses increased to $1.65 billion for the third quarter of 2026.
Allstate reported second quarter 2026 results, with total revenues of $18.6 billion, up 11.8% from a year earlier. Net income applicable to common shareholders was $3.2 billion, or $12.51 per diluted share, compared with $2.1 billion, or $7.76 per diluted share, in the prior year quarter. For shareholders, the company also reported $1.0 billion in share repurchases and $280 million in dividends paid during the quarter.
Total revenues were $18.6 billion, up 11.8% from $16.6 billion in the second quarter of 2025.
Adjusted net income was $2.3 billion, or $8.99 per diluted share, compared with $1.6 billion, or $5.94 per diluted share, a year earlier.
Property-Liability recorded combined ratio improved to 86.6 from 91.1, driven by lower catastrophe losses and prior year reserve releases.
Shareholder returns in the quarter totaled $1.3 billion, including $1.0 billion in share repurchases and $280 million in dividends.
Allstate said Christian Lown will become Executive Vice President and Chief Financial Officer on August 3, 2026, succeeding Jess Merten, who became President of Property-Liability in October 2025. John Dugenske has served as interim CFO and will continue in that role until Lown starts. The filing sets Lown's pay package, including a $875,000 base salary and a $2,000,000 sign-on bonus, which matters to shareholders as a senior finance leadership change.
Christian Lown starts as EVP and CFO effective August 3, 2026, reporting to Chair, President and CEO Tom Wilson.
Lown's prior roles include CFO of CoStar Group (July 2024 to July 2026) and CFO of Freddie Mac (June 2020 to June 2024).
Compensation: $875,000 annual base salary, annual target cash incentive of 200% of salary, and equity incentive of 375% of salary.
Sign-on package: $2,000,000 one-time cash bonus and $4,100,000 in RSUs vesting ratably over three years.
Allstate reported first quarter 2026 results with revenues of $16.9 billion, up 3.0% from the prior year, and net income applicable to common shareholders of $2.4 billion, or $9.25 per diluted share, compared with $566 million a year earlier. Adjusted net income was $2.8 billion, or $10.65 per diluted share, and the company cited lower catastrophe losses and prior year reserve releases as drivers.
Net income applicable to common shareholders was $2.4 billion ($9.25 per diluted share) versus $566 million ($2.11) in Q1 2025.
Adjusted net income was $2.8 billion ($10.65 per diluted share) versus $949 million ($3.53) a year earlier.
Property-Liability catastrophe losses fell 43.7% to $1.24 billion; the recorded combined ratio improved to 82.0 from 97.4.
Net losses on investments and derivatives were $405 million; the investment portfolio total return was negative 0.2% for the quarter.
Allstate reported fourth-quarter 2025 revenue of $17.3 billion, up 5.1% from a year earlier, and net income applicable to common shareholders of $3.8 billion, up from $1.9 billion. For full-year 2025, net income applicable to common shareholders was $10.2 billion, compared with $4.6 billion in 2024. The company also said its common dividend will rise to $1.08 per share and that a new $4.0 billion share repurchase program will begin once the existing $1.5 billion program is completed.
Q4 2025 net income applicable to common shareholders was $3.8 billion ($14.37 per diluted share), versus $1.9 billion ($7.07) a year earlier.
Q4 2025 adjusted net income was $3.8 billion, or $14.31 per diluted share, versus $2.1 billion ($7.67) in Q4 2024.
Full-year 2025 revenue was $67.7 billion, 5.6% above 2024; full-year adjusted net income was $9.3 billion.
Dividend to increase to $1.08 per share, payable April 1, 2026; a $4.0 billion repurchase program over 24 months will follow the existing $1.5 billion program.
Allstate said director Gregg M. Sherrill, who has served on the board since 2017 and as Lead Director since 2021, will retire effective November 21, 2025, with no disagreement with the company. Richard T. Hume, a director since 2020, will become Lead Director on the same date, so board leadership continues without a gap. The change is administrative and does not reference financial results or changes to company operations.
Gregg M. Sherrill retires from the board effective November 21, 2025
Sherrill served on the board since 2017 and as Lead Director since 2021
Richard T. Hume, a director since 2020, becomes Lead Director effective November 21, 2025
Filing states the retirement involved no disagreement with the company
Allstate reported third-quarter 2025 results, with revenue of $17.3 billion, up 3.8% from the prior year quarter. Net income applicable to common shareholders was $3.7 billion, or $13.95 per diluted share, compared with $1.2 billion a year earlier, and adjusted net income was $3.0 billion, or $11.17 per diluted share, versus $3.91 a year earlier. Net income includes a $720 million gain on disposition of operations, which adjusted net income excludes.
Total revenues $17.3 billion, up $628 million or 3.8% from Q3 2024
Net income applicable to common shareholders $3.7 billion, or $13.95 per diluted share, versus $4.33 a year earlier
Adjusted net income $3.0 billion, or $11.17 per diluted share, versus $3.91 a year earlier
Property-Liability recorded combined ratio 80.1 versus 96.4; catastrophe losses $558 million versus $1.7 billion
Allstate announced senior leadership changes effective October 1, 2025, including Mario Rizzo as Chief Operating Officer and John Dugenske as interim Chief Financial Officer while an external search is underway. Jesse Merten, the current CFO, moves to President, Property-Liability, succeeding Rizzo. The CFO change is the most significant for shareholders because the permanent successor has not yet been named.
Mario Rizzo becomes Chief Operating Officer, overseeing Property-Liability and Protection Services, with an annual base salary of $950,000
Jesse Merten, currently Chief Financial Officer, becomes President, Property-Liability, with an annual base salary of $900,000
John Dugenske serves as interim Chief Financial Officer while an external search is underway, alongside his role as President, Investments and Corporate Strategy
Equity grants are scheduled for October 3, 2025: $60,000 for Rizzo, $57,000 for Merten and $1,000,000 for Dugenske
Allstate reported second quarter 2025 results with revenues up 5.8% to $16.6 billion and net income applicable to common shareholders of $2.1 billion, compared with $301 million a year earlier. Results include a $643 million after-tax gain from the sale of the Employer Voluntary Benefits business, and adjusted net income was $1.6 billion, or $5.94 per diluted share. The company also said it raised its quarterly dividend 9% to $1.00 per common share and repurchased $341 million of common stock.
Total revenues of $16.6 billion, up $919 million or 5.8% from the prior year quarter
Net income applicable to common shareholders of $2.1 billion, or $7.76 per diluted share, versus $301 million a year earlier
Adjusted net income of $1.6 billion, or $5.94 per diluted share, versus $1.61 a year earlier; excludes the $643 million after-tax divestiture gain
Quarterly dividend increased 9% to $1.00 per common share; $341 million of common stock repurchased
Allstate reported first quarter 2025 results on April 30, 2025. Revenue rose 7.8% to $16.5 billion, but net income applicable to common shareholders fell 52.4% to $566 million, driven by a record $3.3 billion of gross catastrophe losses. Shareholders also saw adjusted net income fall to $949 million, or $3.53 per diluted share, from $5.13 a year earlier.
Revenue of $16.5 billion, up 7.8% from the prior year quarter; policies in force rose 6.7% to 211 million
Net income applicable to common shareholders of $566 million, or $2.11 per diluted share, versus $1,189 million a year earlier
Adjusted net income of $949 million, or $3.53 per diluted share, versus $5.13 a year earlier
Employer Voluntary Benefits sale closed April 1, 2025 for $2.0 billion; the sale is expected to generate a book gain of approximately $625 million in the second quarter
Allstate reported fourth quarter and full year 2024 results. Fourth quarter revenue rose 11.3% to $16.5 billion, and net income applicable to common shareholders rose 30.1% to $1.9 billion, with diluted earnings per share of $7.07 compared with $5.52 a year earlier. The company also expects about $1.1 billion of pre-tax, net-of-reinsurance losses from the January California wildfires, and it has agreed to sell two Health and Benefits businesses for a combined $3.25 billion.
Q4 2024 revenue was $16.5 billion, up 11.3% from the prior year quarter; net income applicable to common shareholders was $1.9 billion, up 30.1%.
Q4 2024 diluted earnings per share were $7.07 versus $5.52; adjusted net income was $2.1 billion, or $7.67 per diluted share.
Full year 2024 net income applicable to common shareholders was $4.6 billion, compared with a loss of $316 million in 2023; adjusted net income was $4.9 billion, with an adjusted return on equity of 26.8%.
Expected pre-tax losses from the January California wildfires are about $1.1 billion, net of reinsurance; Group Health and Employer Voluntary Benefits sales have a combined price of $3.25 billion.
Allstate reported third-quarter 2024 net income applicable to common shareholders of $1.2 billion, or $4.33 per diluted share, compared with a net loss of $41 million a year earlier. Revenues rose 14.7% to $16.6 billion, and adjusted net income was $1.0 billion, or $3.91 per diluted share, as Property-Liability underwriting improved despite higher catastrophe losses.
Net income applicable to common shareholders was $1,161 million ($4.33 per diluted share) versus a net loss of $41 million ($0.16 per share) in Q3 2023.
Total revenues were $16.6 billion, up 14.7%; the Property-Liability recorded combined ratio improved to 96.4 from 103.4.
Catastrophe losses were $1.7 billion, up 44.2%, including Hurricanes Beryl, Debby, Francine and Helene.
Sale of the Employer Voluntary Benefits business to StanCorp Financial for $2 billion was finalized, with divestiture expected in the first half of 2025.
Allstate reported second quarter 2024 results on July 31, 2024, with revenues up 12.4% to $15.7 billion and net income applicable to common shareholders of $301 million, compared with a loss of $1.4 billion a year earlier. The improvement came mainly from higher Property-Liability earned premiums, better underlying loss experience and lower catastrophe losses, which matter to shareholders because they show the insurer's profit recovery continuing. The filing contains no new guidance.
Total revenues were $15.7 billion, up $1.7 billion from the prior year quarter.
Net income applicable to common shareholders was $301 million, or $1.13 per diluted share, versus a loss of $1.4 billion, or $5.29 per share, a year earlier.
Adjusted net income was $429 million, or $1.61 per diluted share, versus an adjusted net loss of $1.2 billion.
Property-Liability underwriting loss narrowed to $145 million from $2.1 billion, and catastrophe losses fell 21.4% to $2.1 billion.
Allstate appointed Eric K. Ferren as Senior Vice President, Controller and Chief Accounting Officer, succeeding John C. Pintozzi, who moves to a special projects role. The change affects who signs the company's accounting, and the filing sets out Ferren's base salary and equity terms, which is a routine executive transition for shareholders.
Ferren takes over as controller and principal accounting officer effective May 20, 2024, succeeding John C. Pintozzi
Ferren's annual base salary is $445,000, with a 50% target for discretionary cash incentives
Ferren receives a sign-on equity award with a grant date fair value of $625,000 in RSUs, vesting 100% on the third anniversary of grant, to offset equity forfeited from his April 2024 departure
Allstate reported first quarter 2024 net income applicable to common shareholders of $1.2 billion, or $4.46 per diluted share, compared with a net loss of $346 million a year earlier. Revenue rose 10.7% to $15.3 billion, and the company said Property-Liability underwriting results improved on higher premiums and lower catastrophe losses, which benefits shareholders.
Net income applicable to common shareholders was $1.2 billion, or $4.46 per diluted share, versus a net loss of $346 million, or $1.31 per share, in Q1 2023.
Adjusted net income was $1.4 billion, or $5.13 per diluted share, versus an adjusted net loss of $342 million a year earlier.
Total revenues rose 10.7% to $15.3 billion, driven by higher average premiums.
Catastrophe losses fell to $731 million from $1.7 billion a year earlier.
Allstate estimated March 2024 catastrophe losses at $328 million pre-tax ($259 million after-tax), with six events and about 80% of the month's losses tied to one hail event. Total first-quarter 2024 catastrophe losses were $731 million pre-tax, and the filing also reports rate increases that raised premiums for Allstate brand auto and homeowners policies.
March 2024 catastrophe losses: $328 million pre-tax, or $259 million after-tax
Six March events estimated at $343 million pre-tax, or $271 million after-tax; about 80% linked to one hail event
First-quarter 2024 catastrophe losses: $731 million pre-tax
Allstate brand premium impact from rate increases: auto 0.9% in March and 2.4% year-to-date; homeowners 0.7% in March and 3.4% year-to-date
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