So SF is raising rates for the 2nd time this year in Illinois because of rising claim cost. The company lost up to 50% of their claim handlers in some segments, and then waited until the last moment to hire new staff. Of course this will be expensive, new handlers need to learn their job and won’t be very efficient. My question is why isn’t claim leadership ever responsible for any of these decisions? Why does claims always have the worst leadership team in the company?
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3 years of non stop overtime, where we are bullied to do it. Inflation has undone my last 2 promotions. I have to do more with less at work. New systems are being added that will duplicate and triplicate my data entry work. I have to cover for 3 slacker co-workers who call out every other week and dont do their work. My quality of life is decreasing while my work load is increasing. We all reach a point where we stop caring. But i got an email saying the company is proud of me and happy and all is well at the c-class level.
Losing half our claims staff and waiting until the last second to hire new ones isn’t a bug in the system, it’s a feature.
The only way to increase your CEO bonus is to increase production. The only way to increase production is to lower your price. The only way to lower your price is to cut your staff.
@2fic-over 250 actuaries would disagree with your uninformed simpleton comment.
And probably only a very small percentage of policyholders ever file a claim. 15% or so. Being a mutual company benefits the company in their objectives. Hiring what 3400 new claim employees and 250 auto estimators in the next few months says alot about the executive leadership and how they have failed.
Price gouge. That's the ticket. So scientific
Face it based on your low intelligence and poor skills no you are not paid what you are worth-you are vastly over paid in claims.
@1kon Good point! And the people here have the audacity to say you are paid what you are worth?
Wheres tipstard? Haven't seen him in a month? Fat farm? County jail? Wh-------e?
Bigot Farm has a bunch of lawsuits we need to pay in IL.
https://www.nytimes.com/2022/03/18/business/state-farm-fraud-black-customers.amp.html
Look at how much money they made and they want more! Genius cr-p!
So, everything that insurance pays for is getting more expensive. And you ingenious solution is to charge even less, and increase the losses? Can’t believe you’re not a CEO already.
You don't have to take your insurance elsewhere. just adjust. That's brilliant.
Yes take your insurance somewhere else and pay even more-brilliant move😂
Stock market down, GDP down, recession looming, 401Ks at a loss, CEOs taking huge bonuses, no pensions for new employees, fuel prices through the roof, food prices through the roof, and SF raises rates. A fine Bazerkeley move. Fight back....adjust your premiums right back at them. Don't feed their greed.
YI just left with a golden parachute, left a total train wreck.