Allstate (NYSE: ALL) reports $175M January catastrophe losses and policy trends

Rhea-AI Filing Summary

The Allstate Corporation furnished an update on January 2026 catastrophe losses and policy counts. Estimated catastrophe losses for the month were $175 million, or $138 million after tax, driven primarily by Winter Storm Fern.

Allstate Protection policies in force totaled 38,262 thousand as of January 31, 2026, essentially flat versus December 31, 2025 but up from 37,426 thousand a year earlier. Auto policies grew 2.6% year over year, homeowners 2.5%, and other personal lines 0.6%, while commercial lines policies declined 14.2% year over year.

Insights

Insurance sector analyst

Allstate reports January catastrophe losses with modest overall policy growth.

Allstate estimates January 2026 catastrophe losses of $175 million, or $138 million after tax, mainly from Winter Storm Fern. This highlights ongoing weather-related volatility that can pressure near-term underwriting results, particularly in property-focused books of business.

Allstate Protection policies in force reached 38,262 thousand as of January 31, 2026, up 2.2% from a year earlier. Auto and homeowners lines grew low single digits year over year, while commercial lines shrank 14.2%, suggesting softer demand or underwriting tightening in that segment.

The combination of catastrophe losses and modest personal lines growth underscores the importance of pricing, reinsurance, and risk selection. Subsequent quarterly and annual filings will show how these monthly figures flow through earned premiums, loss ratios, and overall profitability.

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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): February 19, 2026

THE ALLSTATE CORPORATION

(Exact name of registrant as specified in its charter)

Delaware

1-11840

36-3871531

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification No.)

3100 Sanders Road, Northbrook, Illinois    60062

(Address of principal executive offices)    (Zip Code)

Registrant’s telephone number, including area code  (847) 402-2800

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))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class			Trading Symbols			Name of each exchange on which registered
Common Stock, par value $0.01 per share			ALL			New York Stock Exchange NYSE Texas
5.100% Fixed-to-Floating Rate Subordinated Debentures due 2053			ALL.PR.B			New York Stock Exchange
Depositary Shares represent 1/1,000th of a share of 5.100% Noncumulative Preferred Stock, Series H			ALL PR H			New York Stock Exchange
Depositary Shares represent 1/1,000th of a share of 4.750% Noncumulative Preferred Stock, Series I			ALL PR I			New York Stock Exchange
Depositary Shares represent 1/1,000th of a share of 7.375% Noncumulative Preferred Stock, Series J			ALL PR J			New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ____

Section 7 - Regulation FD

Item 7.01. Regulation FD Disclosure

The Registrant’s January 2026 monthly release announcing estimated catastrophe losses and policies in force is posted on allstateinvestors.com and attached hereto as Exhibit 99 which is incorporated herein by reference. This exhibit is furnished and not filed, pursuant to Instruction B.2 of Form 8-K.

Section 9 – Financial Statements and Exhibits

Item 9.01.                             Financial Statements and Exhibits

(d)                             Exhibits

Exhibit No.						Description
99						The Registrant’s press release dated February 19, 2026
104						Cover Page Interactive Data File (formatted as inline XBRL)

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

(Registrant)

By:

/s/ Eric K. Ferren

Name: Eric K. Ferren

Title: Senior Vice President, Controller and Chief Accounting Officer

Date:

February 19, 2026

3

NEWS

FOR IMMEDIATE RELEASE

Contacts:

Nick Nottoli						Allister Gobin
Media Relations						Investor Relations
mediateam@allstate.com						(847) 402-2800

January 2026 Monthly Release

NORTHBROOK, Ill., February 19, 2026 – The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of January of $175 million or $138 million, after-tax, primarily related to Winter Storm Fern.

Allstate Protection policies in force are as follows:

Allstate Protection Policies in Force (1)
(in thousands)						January 31, 2026						December 31, 2025						January 31, 2025						Jan. 31, 2026 v Dec. 31, 2025						Jan. 31, 2026 v Jan. 31, 2025
Auto						25,484						25,504						24,835						(0.1)		%				2.6		%
Homeowners						7,709						7,697						7,521						0.2		%				2.5		%
Other personal lines						4,894						4,898						4,866						(0.1)		%				0.6		%
Commercial lines						175						176						204						(0.6)		%				(14.2)		%
Total						38,262						38,275						37,426						—		%				2.2		%

(1)Policy counts are based on items rather than customers. A multi-car customer would generate multiple item (policy) counts, even if all cars were insured under one policy. Lender-placed policies are excluded from policy counts because relationships are with the lenders.

Financial information, including material announcements about The Allstate Corporation, is routinely posted on www.allstateinvestors.com.

Forward-Looking Statements

This news release contains “forward-looking statements” that anticipate results based on our estimates, assumptions and plans that are subject to uncertainty. These statements are made subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements do not relate strictly to historical or current facts and may be identified by their use of words like “plans,” “seeks,” “expects,” “will,” “should,” “anticipates,” “estimates,” “intends,” “believes,” “likely,” “targets” and other words with similar meanings. We believe these statements are based on reasonable estimates, assumptions and plans. However, if the estimates, assumptions or plans underlying the forward-looking statements prove inaccurate or if other risks or uncertainties arise, actual results could differ materially from those communicated in these forward-looking statements. Factors that could cause actual results to differ materially from those expressed in, or implied by, the forward-looking statements may be found in our filings with the U.S. Securities and Exchange Commission, including the “Risk Factors” section in our most recent annual report on Form 10-K. Forward-looking statements are as of the date on which they are made, and we assume no obligation to update or revise any forward-looking statement.

About Allstate

The Allstate Corporation (NYSE: ALL) protects people from life’s uncertainties with affordable, simple and connected protection for autos, homes, electronic devices, and identities. Products are available through a broad distribution network including Allstate agents, independent agents, major retailers, online, and at the workplace. Allstate has 211 million policies in force and is widely known for the slogan “You’re in Good Hands with Allstate.” For more information, visit www.allstate.com.

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FAQ

What catastrophe losses did Allstate (ALL) report for January 2026?

Allstate estimated January 2026 catastrophe losses at $175 million, or $138 million after tax. The losses were primarily related to Winter Storm Fern and reflect the impact of severe weather events on the company’s property and casualty insurance portfolio for that month.

How many Allstate Protection policies were in force as of January 31, 2026?

Allstate Protection had 38,262 thousand policies in force as of January 31, 2026. This compares with 38,275 thousand at December 31, 2025 and 37,426 thousand a year earlier, showing essentially flat sequential levels but moderate year-over-year growth.

How did Allstate’s auto and homeowners policies change year over year?

Auto policies in force rose 2.6% and homeowners policies increased 2.5% year over year. As of January 31, 2026, Allstate reported 25,484 thousand auto policies and 7,709 thousand homeowners policies, reflecting steady growth in its core personal lines businesses.

What happened to Allstate’s commercial lines policies in January 2026?

Commercial lines policies in force declined 14.2% year over year to 175 thousand. This is down from 204 thousand on January 31, 2025 and slightly below 176 thousand at December 31, 2025, indicating ongoing contraction in Allstate’s commercial lines book.

Does Allstate routinely provide monthly catastrophe loss updates for investors?

Yes, Allstate routinely posts monthly catastrophe loss and policy-in-force updates. The company notes that financial information, including material announcements, is regularly posted on allstateinvestors.com, and this January 2026 release was furnished as an exhibit to an information filing.

What is the purpose of Allstate’s January 2026 Form 8-K filing?

The filing furnishes Allstate’s January 2026 catastrophe loss and policy-in-force data. It includes an attached press release as Exhibit 99, providing estimated catastrophe losses, policy counts by line, and related forward-looking statement and company background disclosures.

Filing Exhibits & Attachments

5 documents

Press Releases

• EX-99 EX-99 22.4 KB

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 3.2 KB
• EX-101 XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT 18.9 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT 33.7 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT 19.5 KB