In 2020 the company shed staff in Dec, and prior to that cut tremendous operating costs precipitated by Covid: commercial square footage, utilities, insurance and security for physical spaces, phone lines, utilities, office supplies heck even paper :... — read more 

It's a fact that many are lurking on the Board. Have the courage and conviction to post in the spirit of improving the transparency of work taking place that will impact career opportunities and job security. Honor all your confidentiality... — read more 

All CSL’s will begin transitioning to Concentrix in 2 weeks. Not a good feeling with that and my CSL thinks it means she’s gone in a month or so.

Why are we doing some upskill training every Friday beginning this week? My CSL told us it’s to train us in other aspects of insurance but why do we need to learn how to do something besides what we’re already doing. Sounds kind of odd to me unless... — read more 

Allstate is bringing in 2 of the top business minds in the world in Gates & Alcion as advisors to assist in getting Allstate back to being the premier insurance company in the world. Announcement leaked on Saturday on Business Insider Weekly website... — read more 

The beginning of the end of Sears came when they decided to take their eye off the ball on the retail business thinking they were invincible. Wanted to become one stop shopping for all financial needs and created the “Sears Financial Network.” By the... — read more 

The leadership of Allstate only has two cards in that negligent hand that they hold… Raise rates Cut staff This is the sign of a corporation in a death spiral.. No real ideas on product, employee engagement, thinking outside the box. No answers... — read more 

Get out the popcorn for the Rhyme with no reason show! It’s the Allstate sh-t show 2.0 ! How many policies out the window these last 3 months? What’s the cure Mario? Let me guess, more transformative growth? Such cow sh-t. We can’t keep bleeding... — read more 

Allstate has many agencies that are run as boiler rooms. No surprise that they rarely have their applications checked for misrepresentation of drivers, retirees, prior coverage and for crying out loud who drives 1000 miles a year and slamming... — read more 

Lots of talk about "reorg" and "going to look very different" but they did not show the damn thing! Said it could take until October or early next year to see how it shakes out. What was concerning was the squirming done by the 2 useless leaders. ... — read more 

Although, I feel for the Allstate workers that did nothing but try to earn an honest living as Allstate…and who are losing retirement savings every day if they own Allstate stock. It is gratifying to see Tom Wilson and the awful leaders who caused... — read more 

They just sound like they’re hiding something. https://www.allstateinvestors.com/static-files/e3c41d42-c6fb-4ec9-b6fb-ab5455cd09e9

Allstate stock dropped 23% based on reports of record losses in Q2 of 2023 TBA in 2 weeks. Will the stock be down to $10/share by the end of Q4 or what???

You can hate him all you want, but you have to admit he treats others x with dignity and respect.

I wish there was hope left that the sinking can and will be stopped.

Customers leaving in droves….. Expect more losses at the next quarterly report… Which executive will suddenly retire “to spend more time with family” next??? The marketing folks are ultra confused as to what the companies identify is supposed to... — read more 

It’s not gonna be good. They will need to start cutting the fat and escalating transformative growth in India. Managers take note. Consolidations on the horizon at the low and middle manager levels. 500k policies down the drain so a staffing cut... — read more 

VA, estimate share, etc, anything coming for us? I want to leave this dump but not if I can get severance by sticking it out a few more months.

I just jumped ship and am at USAA in property. It’s been and incredible experience. Higher pay and I literally get 5 claims/week vs 5+ a day at Allstate!!!! Come on over!

I really do enjoy watching Tom and Bob Toohey continuing to promote Allstate’s work from home policy when Tom actively was advocating in meetings to have full time work from home employees go to independent agent offices to work so they could feel... — read more 

Got out before his career was further tarnished by association with this struggling organization. Good for Terrance.

It is time for that announcement that Parsons “has decided” to retire to “spend more time with her family.” P&C is a dumpster fire….

Allstate announced today in a meeting with Northeast management that all Northeast employees have until 7-1 to accept a layoff package which DOES include 2 weeks of severance for each year worked and uncontested unemployment. Anyone who declines... — read more 

I really want to understand why you don’t hold up your end of the bargain to your customers. Is it pressure from your leadership? What numbers are you trying to ‘hit’?

Allstate Brand auto policies declined by 516,000 in the 90 days from YE 2022 to end of Q1 2023. That's a 2.4% decline as new business auto applications down 40% across NY, NJ, and CA, resulting in countrywide app reduction of 22%. Largest impacts... — read more 

How long will they keep this up? I am so bored there’s just not enough calls as the work is going offshore and to more vendors and automation. Is this what they mean be the new Allstate ? Americans sitting around while other countries work for us. — read more 

Employee Retention Act payed something like 26k per employee that was retained after Covid. What happened to the 5200 employees that were let go? Did they account for them on the up and up? I think they need to show their accounting. Could be... — read more 

All auto appraisers in New England were advised on a call this morning that today will be their last day on the road for Allstate, got word of this from an appraiser I know in CT. Any appraisals pending will be completed by Pune people. Appraisers... — read more 

Time to bring it on

Anyone know whats going on with Natgen? In CT anyway they are declining most new quotes based off of their new algorithm for "bad credit" Seems like all quotes are being denied... are they getting out and rejecting all business? Company is... — read more 

Allstate CEO Tom Wilson collects $15 million for one of the worst years in company history. He was was busy outsourcing, saving the pennies and let the dollar go😀 Don’t underestimate the power of your employees.

I remember a time when everyone had a lot more trust in leadership and, accordingly, higher expectations from them. What are the employees' expectations from them now? I am so disillusioned that I have absolutely no expectations from leadership... — read more 

I came here from Liberty Mutual and when Shapiro was booted ‘back to basics’ was the company branded term that walked back all of his garbage…. Is Allstate capable of making the turn around???

I’d like to know Carl Ichan thinks about the current state & share worth of this sinking ship…….

National enquirer is reporting this morning in local supermarkets that Tom Wilson is out and that Kendall Roy of Waystar will be announced Tuesday. Official news to be released at 10pm est.

Article on Forbes online from 10:30 states rumours are circulating that TW will be stepping down as Allstate CEO on 9-1-23 and a woman I’ve never heard of will be taking over. Smart move by TW getting out soon as stock is dropping fast and employees... — read more 

Downgrades across the board Series J offering is a "BB+", which isn't good https://www.insurancejournal.com/news/national/2023/05/23/721909.htm

The old Sears ads said, “Kenmore..solid as Sears.” Remember??? The Allstate marketing team should make use of it now… “Allstate….solid as Sears.” If they did, Allstate ads would actually speak to the truth of the current situation… Tommy Wilson….a... — read more 

I think he will