# Allstate Corporation (ALL) — Recent Events

## Filings that contain financial statements

Each earnings release below (Exhibit 99.1 to a Form 8-K, Item 2.02) holds a condensed consolidated statement of financial position and a condensed consolidated statement of operations, plus segment results tables. None of them includes a cash flow statement.

- Third quarter 2026 (three and nine months ended September 30, 2026): Form 8-K filed November 4, 2026, accession 0000899051-26-000156. A third-quarter investor supplement is furnished as Exhibit 99.2.
- Second quarter 2026 (three and six months ended June 30, 2026): Form 8-K filed August 5, 2026, accession 0000899051-26-000117.
- First quarter 2026 (three months ended March 31, 2026): Form 8-K filed April 29, 2026, accession 0000899051-26-000074.
- Fourth quarter and full year 2025: Form 8-K filed February 4, 2026, accession 0000899051-26-000013.

## Quarterly results

- **November 4, 2026 — third quarter 2026 results** (8-K, accession 0000899051-26-000156). Revenues were $17,348 million, up 0.5% from $17,255 million. Net income applicable to common shareholders was $2,050 million ($8.03 per diluted share) against $3,717 million ($13.95) a year earlier, down 44.8%. Adjusted net income was $2,493 million ($9.76 per diluted share) against $2,976 million ($11.17). The release attributes the net income decline to higher catastrophe losses, the 2025 gain on sale of the group health business, and net losses on investments and derivatives, partly offset by higher premiums earned. Property-Liability premiums earned rose 3.8% to $15,086 million; the recorded combined ratio was 86.6 against 80.1, with catastrophe losses of $1,650 million against $558 million. Net losses on investments and derivatives were $545 million, and unrealized net capital losses were $2.6 billion pre-tax at September 30, 2026, as interest rates rose. Book value per common share was $120.23 against $95.95 a year earlier. Total policies in force were 217.6 million, up 3.9%.
- **August 5, 2026 — second quarter 2026 results** (8-K, accession 0000899051-26-000117). Revenues were $18,596 million, up 11.8%. Net income applicable to common shareholders was $3,241 million, up 55.9% from $2,079 million, and adjusted net income was $8.99 per diluted share. The company reported $1.3 billion returned to shareholders in the quarter: $1.0 billion of share repurchases and $280 million of dividends.
- **April 29, 2026 — first quarter 2026 results** (8-K, accession 0000899051-26-000074). Revenues were $16,941 million, up 3.0%. Net income applicable to common shareholders was $2,428 million against $566 million a year earlier, and adjusted net income was $10.65 per diluted share. The release states that $881 million was returned to shareholders through dividends and repurchases.
- **February 4, 2026 — fourth quarter and full year 2025 results** (8-K, accession 0000899051-26-000013). Full-year 2025 net income was $10.2 billion and adjusted net income was $9.3 billion; fourth-quarter revenues were $17.3 billion and full-year revenues $67.7 billion.

## Acquisitions

- **October 2026 — INRIX, Inc. (closed).** The third-quarter release and the Form 10-Q for the period (accession 0000899051-26-000157) state that in October 2026 Arity, an Allstate subsidiary, "acquired" substantially all of the assets of INRIX, Inc., a transportation intelligence and mobility analytics provider. The 10-Q says certain acquisition-related disclosures are not yet available because of the timing of the transaction. No purchase price appears in the filings reviewed. Source for the release statement: accession 0000899051-26-000156.
- **November 2026 — Replica (signed, not closed).** Arity entered into a definitive agreement to acquire the remaining ownership of Replica, a mobility data and technology company. The filings say the acquisition is expected to close before the end of 2026, subject to customary closing conditions (accessions 0000899051-26-000156 and 0000899051-26-000157). No price is disclosed.

## Capital actions

- **February 4, 2026.** The Board authorized a $4.0 billion common share repurchase program that must be completed by February 29, 2028; the February 4 release said it would start when the existing $1.5 billion program was completed. It also announced an increase in the quarterly common dividend to $1.08 per share, payable April 1, 2026 to holders of record on March 2, 2026 (accession 0000899051-26-000013).
- **Through September 30, 2026.** The third-quarter release states $1.3 billion remained under the $4.0 billion authorization, and the 10-Q reports 13 million common shares repurchased for $2.91 billion in the first nine months of 2026 (accessions 0000899051-26-000156 and 0000899051-26-000157). The release says about $1.5 billion was returned to shareholders in the third quarter through repurchases and dividends.

## Management

- **July 14, 2026.** Allstate announced that Christian M. Lown, previously chief financial officer of CoStar Group and earlier of Freddie Mac, would become Executive Vice President and Chief Financial Officer effective August 3, 2026. The filing lists a base salary of $875,000, a 200% of salary target cash incentive, a 375% of salary equity opportunity, a $2,000,000 sign-on cash bonus and a $4,100,000 sign-on RSU grant (accession 0000899051-26-000109). The first-quarter 2026 release had quoted John Dugenske as Interim Chief Financial Officer; the third-quarter release quotes Mr. Lown as CFO.
- **May 22, 2026 annual meeting** (8-K filed May 27, 2026, accession 0000899051-26-000081). All eleven director nominees were elected, the say-on-pay vote and the Deloitte & Touche LLP ratification passed, and a shareholder proposal on ESG and DEI metrics in executive compensation failed (2,536,478 for, 194,938,947 against).

## Monthly catastrophe loss releases

Allstate furnishes a monthly 8-K (Item 7.01) with estimated catastrophe losses. Pre-tax amounts, with after-tax in parentheses:

| Month | Catastrophe losses | Filed | Accession |
|---|---|---|---|
| January 2026 | $175 million ($138 million), primarily Winter Storm Fern | Feb 19, 2026 | 0000899051-26-000029 |
| February 2026 | $140 million ($111 million) | Mar 19, 2026 | 0000899051-26-000055 |
| March 2026 | $925 million ($731 million); first quarter total $1.24 billion ($980 million) | Apr 16, 2026 | 0000899051-26-000067 |
| April 2026 | $870 million ($687 million) | May 21, 2026 | 0000899051-26-000079 |
| May 2026 | $289 million ($228 million) | Jun 18, 2026 | 0000899051-26-000096 |
| June 2026 | $563 million ($445 million); second quarter total $1.72 billion ($1.36 billion) | Jul 16, 2026 | 0000899051-26-000111 |
| July 2026 | $682 million ($539 million), 23 events | Aug 20, 2026 | 0000899051-26-000127 |
| August 2026 | $748 million ($591 million), 21 events | Sep 17, 2026 | 0000899051-26-000135 |
| September 2026 | $220 million ($173 million); third quarter total $1.65 billion ($1.30 billion) | Oct 15, 2026 | 0000899051-26-000150 |

The May 21, 2026 release said Allstate would stop reporting policies in force monthly after the May release and report them quarterly in its earnings release instead; the June 18 release repeated this and the later monthly releases carry no policy counts.

## Not found in the filings reviewed

No filing in this period reports a debt issuance or redemption, a stock split, or a change to earnings guidance.