...was given back in dividends to members 2 years ago, per the CEO's decision.
...was lost last year due primarily due to our inability to raise rates to keep up with non-CAT losses. The CEO does not take ownership for this but instead "took the opportunity" to downgrade the employee bonus beyond the targeted guidance. The CEO accepted a 157% raise while cutting employee bonuses.
It is hard to believe that the diluted goodwill of a single, small check in 2021 exceeds the reputational damage of the historic and massive loss of $1B during our centennial year.
If leaders lack integrity and accountability, they should be replaced.
I would love to see one of the smaller offices begin discussing unionization. We need more collaborative conversations and fewer edicts and non-answers.
https://www.opeiu.org/NeedAUnion/WhatWillMyEmployerSay.aspx