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Allstate Corp (ALL.N)

ALL.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Allstate Says Agreed to Acquire Of National General
Wednesday, 8 Jul 2020 

July 7 (Reuters) - Allstate Corp ::ALLSTATE EXPANDS PERSONAL LINES MARKET POSITION WITH ACQUISITION OF NATIONAL GENERAL.ALLSTATE CORP - AGREED TO ACQUIRE NATIONAL GENERAL HOLDINGS CORPORATION FOR APPROXIMATELY $4 BILLION IN CASH.AGREED TO ACQUIRE NATIONAL GENERAL HOLDINGS CORPORATION FOR $34.50 PER SHARE.WILL FUND SHARE PURCHASE BY DEPLOYING $2.2 BILLION IN COMBINED CASH RESOURCES, SUBJECT TO MARKET, ISSUING $1.5 BILLION OF NEW SENIOR DEBT.EXPECTS TO MAINTAIN ITS CURRENT SHARE REPURCHASE PROGRAM..NATIONAL GENERAL'S BOARD OF DIRECTORS HAS APPROVED TRANSACTION.NATIONAL GENERAL'S BOARD OF DIRECTORS APPROVAL INCLUDES A BREAKUP FEE OF $132.5 MILLION.MSD CAPITAL, WHICH OWNS APPROXIMATELY 7.4% OF NATIONAL GENERAL'S OUTSTANDING COMMON SHARES, ALSO SUPPORTS TRANSACTION.TRANSACTION WILL BE ACCRETIVE TO ADJUSTED NET INCOME EARNINGS PER SHARE AND RETURN ON EQUITY BEGINNING IN FIRST YEAR.  Full Article

Allstate Q1 Earnings Per Share $1.59
Wednesday, 6 May 2020 

May 5 (Reuters) - Allstate Corp ::Q1 ADJUSTED EARNINGS PER SHARE $3.54.Q1 EARNINGS PER SHARE $1.59.Q1 REVENUE FELL 8.3 PERCENT TO $10.08 BILLION.Q1 EARNINGS PER SHARE ESTIMATE $3.50 -- REFINITIV IBES DATA.PROPERTY-LIABILITY WRITTEN PREMIUM OF $8.59 BILLION INCREASED 3.2% IN THE FIRST QUARTER OF 2020 COMPARED TO THE PRIOR YEAR.PLAN TO CONTINUE SHARE REPURCHASES UNDER CURRENT $3 BILLION PROGRAM, WHICH IS EXPECTED TO BE COMPLETED BY END OF 2021.  Full Article

Allstate Says Estimated Catastrophe Losses For Q4 To $295 Million, Pre-Tax
Thursday, 16 Jan 2020 

Jan 16 (Reuters) - Allstate Corp ::ALLSTATE CORP - ANNOUNCES DECEMBER 2019 CATASTROPHE LOSSES AND FOURTH QUARTER CHARGES.ALLSTATE CORP - ESTIMATED CATASTROPHE LOSSES FOR MONTH OF DECEMBER OF $25 MILLION, PRE-TAX ($20 MILLION, AFTER-TAX).ALLSTATE CORP - ESTIMATED CATASTROPHE LOSSES FOR Q4 2019 TO $295 MILLION, PRE-TAX ($233 MILLION, AFTER-TAX).ALLSTATE CORP - DECISION TO PHASE OUT USE OF ESURANCE BRAND TRADE NAME RESULTED IN $51 MILLION, PRE-TAX CHARGE FOR IMPAIRMENT IN Q4.  Full Article

Allstate Corp Posts Q2 EPS Of $2.44
Wednesday, 31 Jul 2019 

July 30 (Reuters) - Allstate Corp ::ALLSTATE CORP - QTRLY EARNINGS PER SHARE $2.44.ALLSTATE CORP - QTRLY ADJUSTED EARNINGS PER SHARE $2.18.ALLSTATE CORP - QTRLY CONSOLIDATED REVENUES $11,144 MILLION VERSUS $10,099 MILLION.ALLSTATE CORP - QTRLY CATASTROPHE LOSSES $1,072 MILLION VERSUS $906 MILLION.  Full Article

Appaloosa Dissolves Stakes In Alibaba, Apple; Adds Allstate
Friday, 15 Feb 2019 

Feb 14 (Reuters) - Appaloosa LP::APPALOOSA TAKES SHARE STAKE IN ALLSTATE CORP OF 607,912 SHARES- SEC FILING.APPALOOSA DISSOLVES SHARE STAKE IN BOYD GAMING CORP.APPALOOSA DISSOLVES SHARE STAKE IN BOSTON SCIENTIFIC CORP.APPALOOSA DISSOLVES SHARE STAKE IN ALIBABA, APPLE- SEC FILING.APPALOOSA LP: CHANGE IN HOLDINGS ARE AS OF DECEMBER 31, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF SEPTEMBER 30, 2018.  Full Article

Allstate unit SquareTrade acquires iCracked
Tuesday, 12 Feb 2019 

Feb 12 (Reuters) - Allstate Corp ::SQUARETRADE EXTENDS CONSUMER PROTECTION OFFERINGS WITH ICRACKED ACQUISITION.  Full Article

Allstate Increases Quarterly Dividend 8.7 Pct
Saturday, 9 Feb 2019 

Feb 8 (Reuters) - Allstate Corp ::ALLSTATE INCREASES QUARTERLY DIVIDEND 8.7%.SETS QUARTERLY DIVIDEND OF $0.50PER SHARE.  Full Article

The Allstate Corp Announces Availability Of Fourth Quarter 2018 Results
Wednesday, 6 Feb 2019 

Feb 5 (Reuters) - Allstate Corp ::THE ALLSTATE CORPORATION ANNOUNCES AVAILABILITY OF FOURTH QUARTER 2018 RESULTS.  Full Article

Allstate Reports Q4 Loss Per Share $0.91
Wednesday, 6 Feb 2019 

Feb 5 (Reuters) - Allstate Corp ::Q4 LOSS PER SHARE $0.91.TOTAL REVENUE OF $9.48 BILLION IN Q4 OF 2018 DECREASED 5.8% COMPARED TO PRIOR YEAR QUARTER.QTRLY ADJUSTED EARNINGS PER SHARE $1.24.QTRLY CATASTROPHE LOSSES $963 MILLION VERSUS $599 MILLION.QTRLY PROPERTY-LIABILITY INSURANCE PREMIUMS EARNED INCREASED 5.7 PERCENT.Q4 EARNINGS PER SHARE VIEW $1.10 -- REFINITIV IBES DATA.  Full Article

Allstate Says The Registrant Entered Share Repurchase Agreement
Tuesday, 18 Dec 2018 

Dec 17 (Reuters) - Allstate Corp ::ALLSTATE CORP - ON DEC 14, THE REGISTRANT ENTERED SHARE REPURCHASE AGREEMENT TO PURCHASE $1 BILLION OF ITS OUTSTANDING COMMON STOCK- SEC FILING.ALLSTATE CORP - EXPECTED THAT WELLS FARGO TO PURCHASE SHARES THAT IT DELIVERS UNDER AGREEMENT IN MARKET NO LATER THAN MAY 3, 2019.ALLSTATE CORP - REPURCHASE AGREEMENT IS PART OF REGISTRANT’S REPURCHASE PROGRAM TOTALING $3 BILLION THAT WAS ANNOUNCED ON OCTOBER 31, 2018..  Full Article

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Insurer Allstate to buy National General for about $4 billion

U.S. Insurer Allstate Corp said late on Tuesday it will buy National General Holdings Corp for about $4 billion in cash, scaling up its auto insurance business at a time when the coronavirus has crushed traffic on roads and reduced claims.