Allstate is on pace for another loss….
It is no joke that this is Sears 2.0.
But the good news is that this deficient board will still give Tommy his bonuses…
Ironically watching Allsnake is like watching a car crash in slow motion…
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This will be the last quarter of losses. TW is raising rates on its on homeowners products by 25%. This will allow Allstate to absorb/finance the losses in automobile insurance lines.
If the DOI had a clue how our claims department was being managed/directed I would like to think there would be immediate action. I literally see or hear about actual bad faith handling every single day.