Thread regarding Allstate Corp. layoffs

Some insurers make money

Take Progressive for instance. They turned a profit. Employees are not treated like kings, but not treated like garbage either. And there’s a bonus that EVERYONE gets!
So Allstate is a joke, losing money. It’s a ruined company.

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| 1811 views | | 12 replies (last November 27, 2023) | Reply
Post ID: @OP+1pI8vdlf

12 replies (most recent on top)

The entire industry with a few exceptions are losing millions

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Post ID: @5nvz+1pI8vdlf

Oh yeah, love that 5K Christmas bonus too that was given to all adjusters. Oh, sorry, I mean the $5 Amazon gift card.

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Post ID: @5ufp+1pI8vdlf

Allstate is doing great. I love it here. This is all fake news posted here. Let’s finish with a strong November, gang!

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Post ID: @5lbt+1pI8vdlf

So, what is that: 6 straight quarterly losses? $40 million here, $100 million there and pretty soon you're talking real money.

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Post ID: @4qnr+1pI8vdlf

Millions or billions it really doesn't change the fact that this is company is a collapsing failing soon to be history entity ran by lying dishonest corrupt corporate criminals and born losers.

Millions lost per quarter. MILLIONS. Not at all remotely close to a success especially with the horrible and illegal methods that this company puts into process.

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Post ID: @4xat+1pI8vdlf

The q3 loss was 41 million. Not sure where you are getting billions from

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Post ID: @4vmr+1pI8vdlf

Made a profit? Can you read a simple 10k report? Hint: pay attention to the ytd rising combined ratio to get the picture.

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Post ID: @4wvx+1pI8vdlf

Allstate did not lose a billion dollars last quarter

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Post ID: @3asj+1pI8vdlf

Most don’t

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Post ID: @2xvy+1pI8vdlf

Losing over a billion in a quarter is NOT a profit. WTF are you smoking?

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Post ID: @2tbh+1pI8vdlf

Allstate did not make profit. Where do you get data from?

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Post ID: @2qfi+1pI8vdlf

Allstate made a profit last quarter

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Post ID: @2cxq+1pI8vdlf

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