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):  June 10, 1998


                        ALLMERICA FINANCIAL CORPORATION              
               (Exact name of Registrant as specified in its charter)



     Delaware                   1-13754            04-3263626
    (State or other       (Commission File    (I.R.S. Employer I.D.
     jurisdic-                 Number)             Number)
     tion of Incorporation)

 


                  440 Lincoln Street, Worcester, Massachusetts 01653
                        (Address of Principal Executive Offices)
                                      (Zip Code)                          

                                  (508) 855-1000
                 (Registrant's Telephone Number including area code)



                                 Page 1 of 5 pages
                             Exhibit Index on page 4



Item 5.  Other Events.

      On June 10, 1998, Allmerica Financial Corporation announced that the 
second quarter results will be impacted by an estimated $25.3 million in pre-
tax catastrophe losses as a result of electrical, rain and wind storms that 
struck Michigan and the Northeast during the final days of May.  The charge is 
expected to result in a reduction of second quarter earnings per share for 
Allmerica Financial Corporation of approximately twenty eight cents.   A copy 
of the press release is attached as Exhibit 99 and is incorporated by 
reference herein.

Item 7.  Financial Statements and Exhibits.

Exhibit 99        Press Release dated June 10, 1998, announcing Allmerica 
                  Financial Corporation, expects $25.3 million charge in
                  second quarter for June catastrophe losses.
















                                   page 2




                                 SIGNATURES


    Pursuant to the requirements of the Securities and Exchange Act of 1934, 
the registrant has duly caused this report to be signed on its behalf by the 
undersigned hereunto duly authorized.

                                             ALLMERICA FINANCIAL      
                                             CORPORATION



                                     By:      /s/ Edward J. Parry III,
                                              Edward J. Parry III
                                              Vice President, Chief Financial
                                              Officer, and Treasurer


Date:  June 10, 1998





























                                page 3






Exhibit Index

Exhibit 99     Press Release dated June 10, 1998, announcing Allmerica 
               Financial Corporation expects $25.3 million charge in second   
               quarter for June catastrophe losses.




























                                   page 4


                                   EXHIBIT 99

                   ALLMERICA FINANCIAL, CITIZENS CORPORATION
                      EXPECT SECOND QUARTER STORM CHARGES

WORCESTER, Mass., June 10, 1998 - Allmerica Financial Corporation (NYSE: AFC) 
today announced that it expects to incur approximately $25.3 million in pretax 
catastrophe losses, which includes $22.5 million expected storm losses from 
its subsidiary, citizens Corporation (NYSE: CZC), as a result of electrical, 
rain and wind storms that struck Michigan and the Northeast during the final 
days of May.  The anticipated charges will be reflected in the companies' 
second quarter results.

The losses are expected to reduce the second quarter earnings per share by 
approximately $0.28 cents at Allmerica and approximately $0.51 cents at 
Citizens.

"Allmerica and Citizens have responded with prompt claim service to our 
customers in Michigan and the Northeast," said Robert P. Restrepo, Jr., 
president of Allmerica Property & Casualty Companies, Inc. and head of risk 
management operations at the companies.  "The Michigan storms resulted in the 
biggest catastrophe losses in Citizens' history.  Agents and employees have 
been doing everything possible to help policyholders recovery."

Restrepo said Allmerica and Citizens deployed to Michigan a catastrophe 
management team of adjusters and claim support representatives from their 
offices throughout the country to expedite the claim process and help 
policyholders to make necessary accommodations and repairs.

"In response to heavy claim volume during the days immediately following the 
storms, the combination of our local claim support and the emergency 
management team enabled us to respond to nearly 82.5 percent of policyholders 
within a single day of their call," said James R. McAuliffe, president of 
Citizens Insurance Company of America.  "To date, we have closed about 40 
percent of claims reported, and we are continuing efforts to resolve the 
remaining open claims as quickly as possible."

Allmerica Financial is a diversified group of insurance and financial services 
companies headquartered in Worcester, Mass.  Allmerica owns approximately 80 
percent of the stock in Citizens Corporation, a holding company for Citizens 
Insurance Company of America, a leading underwriter of personal and commercial 
property and casualty insurance in the Midwest.




AF-19
6/98


CONTACTS:      Investors:               Media:
               Jean Peters              Michael F. Buckley
               (508) 855-3599           (508) 855-3099



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