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AI brief of an SEC Form 8-K · Allstate (ALL)

Allstate reports $328 million March catastrophe losses; first-quarter total $731 million

Mixed Impact 3 of 5 other Written later

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.

Key points

  • 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

The filing

CompanyAllstate (ALL)
Form8-K, current report
Filed with the SECApr 18, 2024, 7:45 AM ET
Accession number0000899051-24-000018

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 18, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.