Although, I feel for the Allstate workers that did nothing but try to earn an honest living as Allstate…and who are losing retirement savings every day if they own Allstate stock. It is gratifying to see Tom Wilson and the awful leaders who caused... — read more 

They just sound like they’re hiding something. https://www.allstateinvestors.com/static-files/e3c41d42-c6fb-4ec9-b6fb-ab5455cd09e9

Allstate stock dropped 23% based on reports of record losses in Q2 of 2023 TBA in 2 weeks. Will the stock be down to $10/share by the end of Q4 or what???

You can hate him all you want, but you have to admit he treats others x with dignity and respect.

I wish there was hope left that the sinking can and will be stopped.

Customers leaving in droves….. Expect more losses at the next quarterly report… Which executive will suddenly retire “to spend more time with family” next??? The marketing folks are ultra confused as to what the companies identify is supposed to... — read more 

It’s not gonna be good. They will need to start cutting the fat and escalating transformative growth in India. Managers take note. Consolidations on the horizon at the low and middle manager levels. 500k policies down the drain so a staffing cut... — read more 

VA, estimate share, etc, anything coming for us? I want to leave this dump but not if I can get severance by sticking it out a few more months.

I just jumped ship and am at USAA in property. It’s been and incredible experience. Higher pay and I literally get 5 claims/week vs 5+ a day at Allstate!!!! Come on over!

I really do enjoy watching Tom and Bob Toohey continuing to promote Allstate’s work from home policy when Tom actively was advocating in meetings to have full time work from home employees go to independent agent offices to work so they could feel... — read more 

Got out before his career was further tarnished by association with this struggling organization. Good for Terrance.

It is time for that announcement that Parsons “has decided” to retire to “spend more time with her family.” P&C is a dumpster fire….

Allstate announced today in a meeting with Northeast management that all Northeast employees have until 7-1 to accept a layoff package which DOES include 2 weeks of severance for each year worked and uncontested unemployment. Anyone who declines... — read more 

I really want to understand why you don’t hold up your end of the bargain to your customers. Is it pressure from your leadership? What numbers are you trying to ‘hit’?

Allstate Brand auto policies declined by 516,000 in the 90 days from YE 2022 to end of Q1 2023. That's a 2.4% decline as new business auto applications down 40% across NY, NJ, and CA, resulting in countrywide app reduction of 22%. Largest impacts... — read more 

How long will they keep this up? I am so bored there’s just not enough calls as the work is going offshore and to more vendors and automation. Is this what they mean be the new Allstate ? Americans sitting around while other countries work for us. — read more 

Employee Retention Act payed something like 26k per employee that was retained after Covid. What happened to the 5200 employees that were let go? Did they account for them on the up and up? I think they need to show their accounting. Could be... — read more 

All auto appraisers in New England were advised on a call this morning that today will be their last day on the road for Allstate, got word of this from an appraiser I know in CT. Any appraisals pending will be completed by Pune people. Appraisers... — read more 

Time to bring it on

Anyone know whats going on with Natgen? In CT anyway they are declining most new quotes based off of their new algorithm for "bad credit" Seems like all quotes are being denied... are they getting out and rejecting all business? Company is... — read more 

Allstate CEO Tom Wilson collects $15 million for one of the worst years in company history. He was was busy outsourcing, saving the pennies and let the dollar go😀 Don’t underestimate the power of your employees.

I remember a time when everyone had a lot more trust in leadership and, accordingly, higher expectations from them. What are the employees' expectations from them now? I am so disillusioned that I have absolutely no expectations from leadership... — read more 

I came here from Liberty Mutual and when Shapiro was booted ‘back to basics’ was the company branded term that walked back all of his garbage…. Is Allstate capable of making the turn around???

I’d like to know Carl Ichan thinks about the current state & share worth of this sinking ship…….

National enquirer is reporting this morning in local supermarkets that Tom Wilson is out and that Kendall Roy of Waystar will be announced Tuesday. Official news to be released at 10pm est.

Article on Forbes online from 10:30 states rumours are circulating that TW will be stepping down as Allstate CEO on 9-1-23 and a woman I’ve never heard of will be taking over. Smart move by TW getting out soon as stock is dropping fast and employees... — read more 

Downgrades across the board Series J offering is a "BB+", which isn't good https://www.insurancejournal.com/news/national/2023/05/23/721909.htm

The old Sears ads said, “Kenmore..solid as Sears.” Remember??? The Allstate marketing team should make use of it now… “Allstate….solid as Sears.” If they did, Allstate ads would actually speak to the truth of the current situation… Tommy Wilson….a... — read more 

I think he will

Another state is standing up to Allstates pricing shell game to overcharge loyal customers in order to drive retention by charging lower prices to higher risk… “Michigan regulators are asking insurance giant Allstate pointed questions about its car... — read more 

I would like to welcome the newest contributor to The Layoff Allstate Insurance, Mr. Terrance Williams. Mr. Williams was canned on 5/23. We are still waiting for Allstate to announce his retirement. But we know the truth, you were kicked off the... — read more 

This sh-t show of a company is only as good its it’s leader. It’s lead by a Chicago Sc-mbag CEO. What do you expect…. Stock prices taking a huge decline! Record loss last year & 1st quarter,,, soon to have record loss for 2nd quarter. I see... — read more 

Like we are in kindergarten. Go to break at 0:00. Got to lunch at 0:00. Go to break at 0:00. Make sure you log out on time. But don’t work past your time. But make sure you hit your numbers. And don’t forget to raise your hand to go potty. — read more 

I do not know one person including leadership that takes anything they do seriously and no one has any ambition to try and fix this company. Everyone I know and myself are just going through the motions to get that green every two weeks. We know we... — read more 

…….so the Fox Business show on Sunday listed the different vendors which Allstate is utilizing, there are 3 of them. All 3 are doing the same thing, offering to re-badge employees of Allstate with the “guarantee” of at least 6 months of full time... — read more 

https://insurancenewsnet.com/innarticle/nationwide-adjusters-make-6-demands-to-rectify-overwork-concerns

If you accepted TPP in June of 2022 voluntary/involuntary: The Duck does not have a beak. I repeat- The Duck does not have a beak.

Or are they out to fire us any chance they get?

?????