Close the acquisition of SafeAuto, a non-standard auto insurance carrier
Delivered after the deadline (1 days after the deadline)
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 1 Jun 2021
- Due
- 30 Sep 2021
- Delivered
- 1 Oct 2021
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The transaction is expected to close near the end of the third quarter, subject to regulatory approval and customary closing conditions.”
What we found
Evidence strength A What the grades mean
The SafeAuto acquisition closed on October 1, 2021, one day after the September 30 deadline, for $262 million in cash.
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A Allstate 10-Q filed 2021-11-03
“Subsequent event On October 1, 2021, the Company completed the acquisition of SafeAuto for $262 million in cash.” ✓ confirmed on the page
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A Allstate 10-K filed 2022-02-18
“On October 1, 2021, we completed the acquisition for $262 million in cash.” ✓ confirmed on the page
Market reaction: the shares moved -7.8% against the S&P 500 over the three sessions around the disclosure (2 Nov 2021 to 5 Nov 2021). What this measures
Checked 10 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Acquisition close
- Indicative materiality
- High rules
- Action
- Close
- Deliverable
- Acquisition of SafeAuto
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- Medium
- Conditional
- Yes: subject to regulatory approval; customary closing conditions
- Depends on
- Regulatory
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Claude (Anthropic), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Gemini (Google), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2021-ALL-006650 · Corrections policy