Cant wait to see how much was lost from underwriting this year when added to last years recording breaking $13.4 Billion…..bet combined it will be close to $30 BILLION
Sick time
They give you 40hrs sick time a year, they beg you throughout the year don’t use it on weekends, you have all the 40hrs left by end of year - I guess they expect for me to give it back- joke on you - I’m taking it all at once- see y’all Jan 4 - and... — read more
Tips gone?
Is he done? Or just stepping down?
Nationwide back to office.....with another twist
"Nationwide has scrapped its “work anywhere” policy and told thousands of staff they must return to the office at least twice a week." and a bit further along in the same article- " The shift has won support from the Nationwide Group Staff Union... — read more
State Farm's Attempt To Deny A Grieving Family's Payout After Fatal Car Crash Will Cost It $36 Million
https://jalopnik.com/state-farms-attempt-to-steal-a-grieving-familys-payout-1851021707
(Call Center only) worse than usual this time of year?
End of year is always rough in the Contact Centers but does it feel even worse this year? (Make fun of call center employees all you want and treat us like trash but we’re a face of the company.)
HCL buying corporate South?
All the rebadged employees will soon get to go back into their old offices! Well, at least those that have a job in March 1. Any thoughts about going back?
Nearly $25 billion losses in 2 years !
Record breaking premium increases….wow…this all started some 13 yrs ago or longer when they closed all of the local offices and moved to 4 hubs. They lost the majority of their seasoned claim reps. Failed executive Robert Yi under the guidance of the... — read more
The weekend's over.........
Thank goodness it's Monday! Ya'll are back at work now, so I s'pose we'll see some more postins.....
$12.4 Billion underwriting loss YTD
but policy growth is also record breaking!!!!
This is a scary site - for everyone
I first visited this site a few weeks ago, thought it was a platform for people speaking equally. I found people could speak freely here, but I found someone could speak in a very disgusting way here, until today, I found out this site is not an... — read more
YTD thru Q3 2023 underwriting losses
P&C industry article published this week based on statutory quarterly filings, SF has an estimated $11.9B in underwriting losses across auto and fire affiliates thru Q3 2023.
Retention 1 future
I’m a part time ret 1 associate- can’t and will not go full time - my supervisor just told me last week, Ret 1 will be completely gone within the next six months - either BPO will take over or calls will go to agents - does anyone know how layoffs... — read more
State Farm is a Political Animal
I beg every worker to look into what political policies SF endorses and gives dark money into. You may be very surprised to find out they don't align with you. Be careful to ever mention you may lean one way or another because they will cancel you... — read more
Doesn't anyone post here on the weekends?
Ahhh....I suppose that you folks only post during work hours, eh......?
Extreme Ownership - not at State Farm
I was listening to a podcast featuring Jocko Willink a retired Navy Seal officer. In the podcast he said that any leader who doesn't take ownership for the actions of their team is a psychopath. When you look to what happened to my co-workers... — read more
Lawsuit over breach?
Anyone heard about a recent lawsuit over a recent breach? Did any of that happen?
GEICO increasing in-office time
You know Tipsord is watching with his mouth watering. If Geico employees accept it and stay, you better bet that we will follow suit.
GEICO, Farmers and American Family all announce significant layoffs.
GEICO announced today they are laying off 2000 associates or 11% of its workforce. This follows Farmers announcement in August that they are laying off 2400 employees or 11% of its workforce. American Family has announced “significant layoffs coming”... — read more
Can I Be Forced To Train New To Role Claim Reps?
When I accepted my current position I saved a copy of the job posting which outlines my job duties. Nothing in my duties states I will be responsible for training coworkers. I was not hired to train anyone. I do not get paid to train anyone... — read more
Updated rumor: corporate south might be closing
Hearing chatter that a feeler is out there to close corp south... Country financial is selling their office already
Unionize!!!
Do you see what is happening all around you? Auto workers, healthcare, workers, actors and writers… I bet they are not negotiating for a 3.5% merit! I spent 30 years there and regret doing so. I was in leadership, and barely got an acknowledgment... — read more
New spokesperson to show off with instead of original Jake
More money for these goofies instead of you and your family. Too bad they don't outsource Jake https://www.chicagobusiness.com/marketing-media/state-farm-joins-nike-signing-basketball-star-caitlin-clark
Leadership Change
Is it time for a leadership change? Does anyone feel like the company can survive with all the bad decisions, poor treatment of core workers, massive financial losses and being summarily dowgraded by A M Best? Just curious folks thoughts.
Is SF doing away with all IAs as of 11/01/2023?
I've been hearing rumblings about the IA thing in general, but I recently saw a social media post that specifically states that ALL IAs will be done away with as of 11/01. Just wondering if that's true.
SF credit outlook downgraded
Just read where AM Best has downgraded SF credit outlook from stable to negative, citing significant underwriting losses, natural catastrophes, and the inability to secure some rate increases from insurance regulators.
Curious the real reason for rebadge
Hearing two answers on hcl rebadge. One is SF had many analysts nearing retirement, and they would be hard pressed to replace them. The other side is saying it was to cut cost. Which is it? Wish there was some transparency and truth.
Information Security being outsourced next?
I heard it’s to a company other than HCL.
TAYLOR SWIFT MAKES $4 MIL A YEAR..MT GETS $24 MIL BONUS!
So in addition to his BIG salary....MT has received a second year of a $24 MILLION bonus. My opinion, Taylor works much harder and makes more people smile and feel "remarkable". Hope the Board considers Taylor for the next CEO when MT leaves soon!... — read more
Communications
Our communication department is a joke. Led by an AVP who talks about everyone, is a role model for passive-aggressive behavior, and has effectively run five high-performing leaders, strategists, and employees out of the area. The directors are all... — read more
Who here has left the farm and is much happier on the other side?
I left the farm after almost 20 years, and although I was afraid to leave at first, it was the best decision I ever made! I make 25,000 more a year, I’m treated like an adult at my new company and I don’t have to explain myself to anyone. Although I... — read more
Eliminating company cars
We were told that the company needs to eliminate expenses so they eliminated a significant number of company cars in proximity. If you need to go out to the field, you now have to rent a car. Not really cost effective. Many of the cars are 7-10 yrs... — read more
Big ET town hall today!
ET is having a big town hall today. Thoughts?
401K match
Did anyone who is pension eligible get notifcation is we got a 401K match for 2022? Also how much are they contributing to the non pension eligible employees?
SF won't get caught...
https://www.insurancebusinessmag.com/us/news/breaking-news/allstate-reaches-90-million-settlement-in-shareholder-suit-456575.aspx Saw this over on the Allstate site. Looks like their Execs got caught doing what SF has been doing over the last 4-5. ... — read more
Maui
Hold off on the 25 million dollar CEO bonus. Get those big checkbooks out and put that money back into the pockets of those who have long paid into it. LOL!
Hubs need to reopen full time
Man what a waste of money the company is spending on empty office space. Maybe then work productivity would improved and micromanaged better.
How many rebadged people have already left?
Just curious how many rebadged analysts have already left. Execs did not account for third level work, and it is a shitshow. I know they are trying to polish the turds as fast as possible How many just said “nope” and quit/went somewhere else?
Claims: The Solution Is An Unofficial Strike
We’ve all seen what UPS workers were able to accomplish. Granted, they have a union and we do not. However, we do have a lot of pi---d off, angry, miserable people working in a sweat shop environment with low pay, incompetent leadership, and new... — read more