Thread regarding Allstate Corp. layoffs

Renewal down.

https://www.insurancebusinessmag.com/us/news/breaking-news/allstates-auto-insurance-renewal-rate-is-its-worst-in-two-decades-245672.aspx?fbclid=IwAR0EzT0Y91LKNiJXFkqHz6b95NIRwJOSyi8lQwzxjfJpqwhs1A4xg8WgLXc

Allstate has suffered their worst auto renewal rates. Struggling to bring in new customers.... don’t drink the kool aid...

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| 1521 views | | 3 replies (last February 11, 2021) | Reply
Post ID: @OP+19iipetn

3 replies (most recent on top)

Agreed

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Post ID: @4dyz+19iipetn

They still made something like $1.9B profit last quarter. Something doesn't add up.

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Post ID: @2jwq+19iipetn

The spin from management is that this is taken "out of context." Talk to the hand .... as once the client is gone you cannot talk to THEM anymore.

Ridiculous that Mgmt has no clue how they are cutting up this company into a fraction of what it once was.....

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Post ID: @2dgx+19iipetn

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