https://www.insurancejournal.com/news/national/2023/08/18/735965.htm
19 replies (most recent on top)
The BOD is supposed to be the fiduciary eyeballs to make sure that the senior leaders are acting and directing the company appropriately…so much for that…..
It looks like the old Enron and Sears boards found another one to sit on…
Myself & several adj are now just paying crazy supplements. I could care less if the claim is over written. I’m contributing to the loss ratio..🤣🤣.
part of the reason for the high CAT losses is due to ALL firing all the experienced claims pros that actually knew what they were doing. ALL is a ship without a rudder.
Enrico Suave…..
You all haters just wish you were me. I am Allstate and Allstate is me…
You keep on haten and I will keep on maken….
I own you…
@1uah+1odX6YLq, I thought it was Suave hairspray. It has to be. It is why he and his hair always look so SUAVE…
The makers of V05 hairspray have a lot to be concerned about as well. Tommy uses so much V05 that he keeps the company afloat. They are the real victims here, What happens to them if he leaves or is forced out..
Shame on you for those posts…
The board of directors who have a fiduciary duty of oversight of the senior leaders, operation and direction of the corporation..
What's BOD?
It’s time for the BOD to get out the CI whiteboards and humiliate the low performers in the executive suite and to submit their action plans for improvement to customers and shareholders…….
@1btc+1odX6YLq, the BOD is a part of the problem..
“It has been a bumpy ride, but the CATS have been executed well.”
I will again execute well in Hawaii……
Send the BOD a plunger
Why can’t we just flush the Allsnake furs down the toilet……
But we executed well.
Bruh. Q3 gonna be a bloodbath.
Sure the industry has had a lot of cat losses over the last 12 months. That doesn't take away the fact this this company is mismanaged an being ran into the ground by a bunch of clueless worthless untalented egomaniacs who refuse to accept Transformative Growth is a massive failure. This company would be bleeding out money regardless.
If you got rid of the managers who only go to meetings, who would the directors and VPs preen in front of?
Way to go Allstate!!! Maybe it’s time to get rid of all up the managers who do nothing but “attend meetings” all day!