Topics regarding layoffs at State Farm Insurance

Topics regarding layoffs at State Farm Insurance

HCL'ers and Ex State farmers

I can't believe people are returning to state farm to work. It is like watching your friend reenter a relationship with her abusive boyfriend. They (state farm) betrayed you once and they will do it again. They are abusive, lie, and manipulate, and... — read more 

Premiums keep going up

To help pay for the executive leaderships incompetence. SF is loosing customers…according to my agent….even though agents make more more when premiums go up they are offset by the customers they loose. $28 billion the last 2 years in underwriting... — read more 

"The Farm" is a reference to analyst being sheep.

It's time to address the use of the term "the farm". What once may have been a casual reference to a close-knit family workplace has transformed into a demeaning portrayal of employees as mere sheep, herded and exploited for profit. This depiction... — read more 

EPR rating based on production

Have been told that in my section (not sure about anyone else's) that our EPR ratings will now be tied to production (in my case, how many claims closed). This makes a tremendous amount of sense if one is IN a production role but when you have been... — read more 

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| 2250 views | | 20 replies (last May 13, 2024)
Post ID: @OP+1slLpeKx

Wont see this in pantagraph

Title: State Farm ET Executives Lay Groundwork for Analyst Outsourcing: A Disguised Transition In a move that has raised eyebrows among analysts, executives at State Farm are quietly laying the groundwork for a significant outsourcing initiative... — read more 

Manager getting more money will analyst get nothing

Another classic example of how State Farm has turned into a cold heartless company. Manager will now be getting bigger bonuses for doing nothing. Yes, three levels of managers. Those that kiss but and fake it will be paid in bonus money like... — read more 

State Farm and HCL agree not to rehire rebadge

As I Director I'm disgusted once again by ET Executives. They recently made the announcement we are not to rehire any former State Farm employees. Once again the executives step on the backs of analysts. When are people going to realize they... — read more 

Economy up!

The economy up insurance down. Economy down insurance up. Enjoy the good times now. Things will change.

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| 474 views | | no replies yet
Post ID: @OP+1seWImwg

Flex/pto

I would love to know how certain people seem to be able to get time off every other week or so - no joke- while the rest of us are told there is not capacity. The rules don’t appear to apply to all of us equally.

Unused PTO

Better to use up PTO before retirement or cash it out? Does cash out go towards annual salary and increase pension payment???

$14 billion underwriting loss for 2023

https://www.carriermanagement.com/news/2024/03/01/259296.htm This coupled with the 13.4 billion loss for 2022..over $27 billion……the ceo needs to get fired as well as the executives under him

The Worst Thing SF Ever Did

https://www.insurancebusinessmag.com/us/news/auto-motor/state-farm-agrees-to-pay-2-million-fine-476494.aspx#:~:text=State%20Farm%20Mutual%20Automobile%20Insurance,Insurance%20(CSI)%20Troy%20Downing. Forcing their claim reps to put comp neg on every... — read more 

Injury staffing up

Injury is staffing Up. Hiring a lot of people. What are the plans? Staff in the hubs? There were meetings with management but no announcements. Anybody know what is going on? Why does injury treat their employees worse than any other area of State... — read more 

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| 1520 views | | 8 replies (last March 11, 2024)
Post ID: @OP+1rjlalYo

Layoff of 125 people at Cityline on 3/31

125 people at Cityline are getting laid off on 3/31 as per Texas WARN act notification: https://www.twc.texas.gov/data-reports/warn-notice Anyone have any insight as to where these layoffs will take place?

2023 Financial results

So sf runs these expensive super bowl ads…..and posted a record breaking 13.4 BILLION underwriting loss for 2022…..and now will match that or more for 2023….$27 BILLION for two years…and the bean counting CEO gets what $40 million bonus for the past... — read more 

Tick tock hcl rebadgers.

Hey there, How many are with me counting down the days until you pull the ripcord and get the heck out? I cannot be the only one who will laughing as the deluge of work comes pouring down.

Volunteers to injury

How many volunteers are going to injury? Did they get the number they are wanting? When will they start staffing with the employees that are needed? Treat them right so they won’t quit!

Work-life balance

I joined six months ago and it's been ridiculous ever since. I have zero work-life balance. Is this normal or is it something that will lessen the longer I'm here? If this is the usual, then I'll start looking for something new right away - if I can... — read more 

HCL REBADGE ?s

Hi Rebadges SF'ers....rebadged VZ'er here with some ?s since we can't get any answers. So we are 3 months in to our 1 yr offers. So far we hear nothing from HCL. Benefits, 401k, and payroll taxes are wrong and just keep getting asked to be patient. I... — read more 

Property CS being forced into Injury.

So how many property CS are being forced into the injury CS role? I know we are constantly hiring and our turnover is high. My question is why isn’t injury changing anything with this being the case ? Also, go to tier 1 if you get a chance, tier 2/3... — read more 

The writing is on the wall folks

Just have to stop focusing on maintaining your own role in either its past or present form. SF didn't get downgraded.....its overall financial outlook did, because the P&C insurance industry is undergoing massive changes (environmental and... — read more 

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| 2360 views | | 8 replies (last January 23, 2024)
Post ID: @OP+1qD9COe0

Enterprise rental car here we come

Talked to a buddy of mine who is an estimator working from home and af took his van away from him. He said if he needed to go physically inspect a car he had to rent a car from Enterprise. Its amazing that Geico, Progressive and Allstate all go out... — read more 

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| 2470 views | | 5 replies (last January 17, 2024)
Post ID: @OP+1quIAZ9y

How are they tracking us in WFH claims?

I know it is through Verint, does it monitor your clicks or if you are active on teams? I have heard people using mouse movers if they away from their desk and has that been successful?

Premium pay question

Hello, Im fairly new and this is my first major holiday since starting, but can someone explain to me what premium pay is? Is it worth working on those holidays when offered? I dont remember if the hiring folks or my current supervisor fully... — read more 

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| 1670 views | | 5 replies (last January 5, 2024)
Post ID: @OP+1qjmahgk

Atlanta Playbook

So who wrote the playbook that every Atlanta employee uses to get away with not working, then getting protected time off once they get performance managed? I mean bravo….bravo.

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| 2540 views | | 8 replies (last January 14, 2024)
Post ID: @OP+1qilN5ie

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