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THEALLSTATE CORPORATION (Exact name of registrant as specified in its charter)Delaware36-3871531(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.) 3100 Sanders Road,Northbrook,Illinois60062 (Address of principal executive offices)(Zip Code)Registrant’s telephone number, including area code:(847)402-2800Securities registered pursuant to Section 12(b) of the Act: Title of each class Common Stock, par value $.01 per share 5.100% Fixed-to-Floating Rate Subordinated Debentures due 2053 ALL.PR.BNew York Stock ExchangeDepositary Shares represent 1/1,000thof a share of 5.100% Noncumulative Preferred Stock, SeriesHALL PR HNew York Stock ExchangeDepositary Shares represent 1/1,000thof a share of 4.750% Noncumulative Preferred Stock, SeriesIALL PR INew York Stock ExchangeDepositary Shares represent 1/1,000th of a share of 7.375% Noncumulative Preferred Stock, Series JALL PR JNew York Stock Exchange Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities ExchangeAct of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has beensubject to such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was requiredto submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company”and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☒Non-accelerated filer☐ Accelerated filer☐Smaller reporting company☐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 complyingwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ As of April15, 2025, the registrant had264,817,505common shares, $.01 par value, outstanding. The Allstate CorporationIndex to Quarterly Report on Form 10-QMarch31, 2025 Part I Financial Information Part II Other Information Item 1.Legal Proceedings71Item 1A.Risk Factors71Item 2.Unregistered Sales of Equity Securities, Use of Proceeds, and Issuer Purchases of Equity Securities71Item 5. Other Information71Item 6.Exhibits72 Part I. Financial Information Item 1. Financial StatementsThe Allstate Corporation and SubsidiariesCondensed Consolidated Statements of Operations (unaudited) The Allstate Corporation and SubsidiariesCondensed Consolidated Statements of Comprehensive Income (Loss) (unaudited) 2www.allstate.com The Allstate Corporation and SubsidiariesCondensed Consolidated Statements of Financial Position (unaudited) The Allstate Corporation and SubsidiariesCondensed Consolidated Statements of Shareholders’ Equity (unaudited) The Allstate Corporation and SubsidiariesCondensed Consolidated Statements of Cash Flows (unaudited) The Allstate Corporation and SubsidiariesNotes to Condensed Consolidated Financial Statements(Unaudited) Note1General Operations and Condensed Consolidated Statements ofFinancial Position. Basis of presentation The accompanying condensed consolidated financialstatements include the accounts of The Allstate Corporation(the “Corporation”) and its wholly owned subsidiaries,primarily Allstate Insurance Company (“AIC”), a propertyand casualty insurance company (collectively referred to asthe “Company” or “Allstate”) and variable interestentities (“VIEs”) in which the Company is considered aprimary beneficiary. These condensed consolidatedfinancial statements have been prepared in conformity withaccounting principles generally accepted in the UnitedStates of America (“GAAP”). Pending accounting standards Income tax disclosuresIn December 2023, the FASBissued guidance enhancing various aspects of income taxdisclosures. The guidance requires a tabular reconciliationbetween statutory and effective income tax expense(benefit) with both amounts and percentages for a list ofrequired categories. For certain required categories wherean individual category is at least five percent of thestatutory tax amount, the required category must be furtherbroken out by nature and, for foreign tax effects,jurisdiction. Additionally, entities must disclose incometaxes paid, net of refunds received, broken out betweenfederal, state and foreign, and amounts paid, net of refundsreceived, to an individual jurisdiction when it is five percentor more of the total income taxes paid, net of refundsreceived. T