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): September 15, 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)

 

 

Registrant’s   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 September 15, 2011, the Registrant issued a press release announcing its estimated catastrophe losses for August 2011 and for the months of July and August 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

 

Registrant’s press release dated September 15, 2011

 

2



 

SIGNATURES

 

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:   September 15, 2011

 

 

 

3


Exhibit 99

 

 

NEWS

 

FOR IMMEDIATE RELEASE

 

Contacts:

 

 

Maryellen Thielen

 

Robert Block, Christine Ieuter

Media Relations

 

Investor Relations

(847) 402-5600

 

(847) 402-2800

 

Allstate Announces August Catastrophe Loss Estimate

 

NORTHBROOK, Ill., Sept. 15, 2011 — The Allstate Corporation (NYSE: ALL) today announced $735 million, pre-tax, in estimated catastrophe losses for the month of August 2011, and $865 million, pre-tax, for the months of July and August 2011. August catastrophe losses comprised eight events, including Hurricane Irene.  Hurricane Irene losses are currently estimated at $500 million, pre-tax.

 

This announcement is made as part of Allstate’s previously announced plan to release month and quarter-to-date catastrophe losses when a monthly estimate exceeds $150 million.  The company plans to release this data no later than the third Thursday of the following month.

 

The Allstate Corporation (NYSE: ALL) is the nation’s largest publicly held personal lines insurer known for its “You’re 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 catastrophes.

·                  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.

 

#  #  #