UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT TO
SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): July 13, 2011
THE ALLSTATE CORPORATION
(Exact Name of Registrant as Specified in Its Charter)
Delaware
---------------
(State or Other Jurisdiction of Incorporation)
|
1-11840 |
36-3871531 |
| |
|
-------------- |
---------------- |
| |
|
(Commission File Number) |
(IRS Employer Identification No.) |
| |
2775 Sanders Road, Northbrook, Illinois 60062
--------------------------------------------------------------------------------
(Address of Principal Executive Offices) (Zip Code)
Registrants telephone number, including area code: (847) 402-5000
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Section 7 Regulation FD
Item 7.01. Regulation FD Disclosure
On July 13, 2011, the Registrant issued a press release announcing its estimated catastrophe losses for June 2011. A copy of the press release is furnished as Exhibit 99 to this report.
Section 9 Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. |
|
Description |
|
|
|
99 |
|
Registrants press release dated July 13, 2011 |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|
THE ALLSTATE CORPORATION | ||
|
| ||
|
| ||
|
| ||
|
By: |
/s/ Mary J. McGinn | |
|
|
---------------------------------------- | |
|
|
Name: |
Mary J. McGinn |
|
|
Title: |
Senior Vice President, |
|
|
Deputy General Counsel and | |
|
|
Secretary | |
|
| ||
|
| ||
|
| ||
|
| ||
Date: July 13, 2011 |
|
Exhibit 99
NEWS
FOR IMMEDIATE RELEASE
Contacts: |
|
Paul Marrone, Maryellen Thielen |
Robert Block, Christine Ieuter |
Media Relations |
Investor Relations |
(847) 402-5600 |
(847) 402-2800 |
Allstate Announces June Catastrophe Loss Estimate
NORTHBROOK, Ill., July 13, 2011 The Allstate Corporation (NYSE: ALL) today announced $0.3 billion, pre-tax, in estimated catastrophe losses for the month of June 2011. June catastrophe losses comprised 13 events.
Allstate previously announced $2.0 billion in estimated pre-tax catastrophe losses for the months of April and May 2011, bringing estimated catastrophe losses for the second quarter 2011 to approximately $2.3 billion, pre-tax.
This announcement is made as part of Allstates previously announced plan to release month and quarter-to-date catastrophe losses when a monthly estimate exceeds $150 million.
The Allstate Corporation (NYSE: ALL) is the nations largest publicly held personal lines insurer known for its Youre In Good Hands With Allstate® slogan. Now celebrating its 80th anniversary as an insurer, Allstate is reinventing protection and retirement to help nearly 16 million households insure what they have today and better prepare for tomorrow. Consumers access Allstate insurance products (auto, home, life and retirement) and services through Allstate agencies, independent agencies, and Allstate exclusive financial representatives in the U.S. and Canada, as well as via www.allstate.com and 1-800 Allstate®.
Forward-Looking Statements and Risk Factors
This news release contains forward-looking statements about catastrophe losses. These statements are based on our estimates and assumptions that are subject to uncertainty. These statements are made subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Management believes the estimated impact of catastrophe losses, including net loss reserves, are appropriately established and recorded based on available facts, information, laws and regulations. However, actual results may differ materially from those projected in the forward-looking statements in this news release and from the amounts currently recorded for a variety of reasons, including in the following:
· Our policyholders ability to report and our ability to adjust claims have been impeded by the extent of the devastation and the number of areas affected.
· It is particularly difficult to assess the extent of damage in the initial stages of adjusting residential property losses.
· Our estimate for the ultimate costs of repairs may not prove to be correct because of increased demand for services and supplies in the areas affected by the tornadoes.
· The number of incurred but not reported (IBNR) claims may be greater or less than currently anticipated.
We assume no obligation to update any forward-looking statements as a result of new information or future events or developments.
# # #