This is a plan I happend to see on a upper tier managers desk Basically it's a slow roll of employees who make too much with the company (old timers) the goal is to get them to attrition out the company by petty actions. One had gotten written up for... — read more
Deadlines for Remaining 2023 Layoffs from HR
Must be announced by 9/15/2023 for outright layoffs to allow for 60 day notice and to assure severance is paid out and taxed in 2023. Reductions that include lifting and shifting employees and roles off Allstate's employee rosters to vendors can... — read more
Allstate sets aside $10M to keep its remote workforce 'in good hands'
And all of you should be ashamed of attacking our dear leader https://www.bizjournals.com/phoenix/news/2023/08/14/allstate-using-10m-remote-workers-in-good-hands.html
Brandt scored big time
Fox Business reported earlier today that Brandt left Allstate with 7.2 million in severance, bonus’ and stock so I’m guessing he won’t be rushing to get his resume out!!!!
Doctors in India dissecting medical records
The lack of transparency at Allstate is unfathomable. Anyone know what is going on with this ? It seemed to end as fast as it started without a word.
We Scottsdale Love Tom!
We think he's a swell ceo He gave us our jobs We all make over 20 an hour We have great bosses and mangers On our slack time we're able to conjure up make believe stories we made a sequel to the last Harry Potter book and we have a great team thank... — read more
Doggy Day Care at Scottsdale Riverwalk
So I hear that's what that room before the turn styles will be
Climate Change blamed for incompetence
In the w3 pl meeting. Why are we wasting time blaming climate change for Hawaii? Invasive grass, power company not keeping utilities safe, and city leaders were most of the failure that caused the devastation. Why not as a company go after these... — read more
Brandt out of Org chart before 9/30
Brandt has mysteriously disappeared from the organizational chart before his official departure of September 30th. I was looking forward to a grand goodbye with Parsons shedding tears like she did when Shapiro left.
American Job Privilege
The menial jobs of claims processors, adjusters, and agency support have been off shored and sold to vendors. Isn’t this close to hiring serf class workers ? I don’t think we are doing the proper thing for inclusive diversity by creating a caste... — read more
Allstate new scapegoat for their 3+ years of Transformative Growth failures
"But, but all muh CAT losses!!!" GTFOH will all that chit. This company been bleeding out bank like a stuck pig since 2018.
Allstate Starts Q3 With $313M in Catastrophe Losses in July
https://www.insurancejournal.com/news/national/2023/08/18/735965.htm
Official Scottsdale office being sold
When you walk at the entrance of the call center and look left they are making a sectioned off space. This will be another business other than allstate being in there The construction that is being done on the otherside will also be another business... — read more
Esurance
Anymore talks of Esurance employees getting laid off soon?
Can we finally put the Esurance influence to rest with the Brandt departure?
It was a failed acquisition from the onset, growing far less than the overall direct business industry wide, at unacceptable loss ratios. Their top two leaders are now history (J. Adkisson and Eric). And if you were in claims, the failed leaders... — read more
AIP to be renamed back to infoarmor
According to a kredible source
Checking every box
Tommy is checking every box that indicates a dying business… Leadership carousel… check Reduction of credit confidence..check Needing to create positive stock movement… Check Low morale and loyalty of employees.. check Chasing... — read more
The only cards Wilson knows how to play
—-constantly raise rates chasing profitability —cheat to give a lying indication that customer retention is not a major issue by playing with UW procedures and undercharging those most likely to leave even though they drive up severity and... — read more
It's Been a Bumpy Ride.....
But we have executed well!
Every one to blame for this “clusterf@@k but Tommy…
Tommy is not a captain that will do the honorable thing….he will throw everyone off the boat….because of course he is not at fault…. I give Rizzo 6 months before he wants to “ pursue other opportunities”. It’s sinking baby… in real time!!!
Next sacrifice to the failure of TG
Tommy is going to run out of folks to fire….
Eric Brandt Released
Last day is end of September. Looks like it has begun now with Claims. Transformation kicks into hyperdrive for Claims.
HE’S LEAVING!!!
Eric Brandt is leaving the company!! His last day is 9/30! Oh boy! Here we go!
The new direct insurance product
This has already failed with NatGen and other companies. It is based of products like The General and focuses on non-standard high risk, low income insureds and grossly overcharges clean driving records and middle class income households. This new... — read more
New WARN notices in several states
Allstate had filed new WARN notices with multiple states. Typically this means a plamned possible reduction in workforce in excess of a set number.
Interest rate impact on legacy pension this year
July rates suggest a 7-8% adverse impact on lump sum pension values if employee stays beyond November 30th. This after a 19-20% reduction this year. What are you hearing from your peers or leadership? Does this create a run for the exits, or does... — read more
Thoughts?
Allstate agreed to pay $90 million to settle a class action lawsuit by shareholders who accused the insurer of defrauding them by concealing that it lowered underwriting standards to boost... — read more
Customer phone calls offshored to vendor
The transformation of American adjusters not taking inbound calls is working. They handle very few inbound calls as the push to self service, the vendors and India is working as designed. It will be just a few more months before the rest of the work... — read more
Since 2015?
https://www.reuters.com/legal/allstate-pay-90-mln-shareholder-settlement-2023-08-16/ Just going to leave this here. "Aug 16 (Reuters) - Allstate (ALL.N) agreed to pay $90 million to settle a class action lawsuit by shareholders who accused the... — read more
Is there any legal accountability?
Is there any legal accountability on the BOD for negligence if Allstate goes under on their watch?? They have a fiduciary responsibility to shareholders …is there any penalty if they fail at that responsibility??
After 3+ Years of Transformative Growth...
What "growth" have we actually had besides increased offshore contracted labor and higher bonuses for the top 5% of this company that is peddling this tripe? Transformative Growth was implemented in summer 2020 in the middle of a global pandemic and... — read more
PERFORMANCE REVIEWS
Why are they so he!!bent on these things. It comes up in every huddle for every little thing. Let us just do our work!
Why has auto technical been a failure
???????????????
Time to get angry at the lies, posing and deception
Other then senior leadership, by the end of this wonderful “transformation” there will no longer be an American workforce…other than the greedy top of the pyramid hoping they will sow the benefits from the lives they have unemployed… They can sell... — read more
If you're in express, prepare now.
Secret projects regarding training in India has been going on for a long time now. Recently, a trainer had told a colleague they were no longer needed in a month. Usually this time of year, no new classes come but they pick up at the beginning of... — read more