So we now get another accounting bean counter to take the helm…..2 yrs of record breaking underwriting losses ($28 billion)….premiums continue to go up…. Robert Yi’s operating business plan under the guidance of Tipsford failed miserably…. Agents are... — read more 

As a manager in SIU, it is extremely important for our people to be able to go to the field and investigate claims. As of the end of the second quarter, all company cars were eliminated and those employees who were classified as proximity will now be... — read more 

Do you know why birds sing in the morning? Because they dont have to go to effn work! Its great to be a bird!

Memo coming out tomorrow - all of in- language ret 1 will be outsourced - the department will no longer be internal - employees are being offered positions elsewhere - this is just a start - soon ECC as a whole will not exist.

Today is Tuesday and once again ECS is degraded. For those who know what will it take before the powers that be decide enough is enough and kick HCL to the curb?

ECS down this afternoon, TM telling us to take calls ...

So we get rid of this executive bean counting failure in a week so 5 months based on $14 billion a year underwriting losses over the last two years…..which will he about $5.8 billion so far for 2024. And they will compensate him how much for his... — read more 

Letters went out today informing folks of their new annual salary. After receiving the highest review rating possible, I have now moved into a higher tax bracket thanks to my six tenths of a percent raise. Drinks not on me. :)

Mike M opened by saying how sorry he was for sc--wing everyone and then Andy followed by saying the sc--wing will continue until there is a 75% off-shore to 25% on-shore from the current 50/50 or so. For the love of God just leave HCL and let State... — read more 

This is a sham. Post anything critical and sf gets it deleted. It's basically an extortion racket where you provide the blackmail info so layoff gets paid.

But you can’t get a fair col raise adjustment.

Im in a tech department that you would think would have a slightly younger work force. not the case, everyone I work with is 50+. and we are only replacing these older employees with a handful of interns who are converted to full time every year. I... — read more 

Retention 1 and 2 are going away. Out sourcing and changing hours of operation to 7 am to 7 pm. People in Retention are being told to move to another Dept and quickly. The laws do not allow all of Retention work to be solely in India. You can not... — read more 

I’m not leaving State Farm, I’m making BANK working here and another place. All possible to my Engineering Manger. What a joke. They don’t know cr-p about coding. They are making more money so why can’t I. I’m raking in north of $200,000 easily... — read more 

Smart Person: we’re changing hours of operation , so you may lose your job here , However you can apply in another department. Rep: what hours does the other department have Smart person : same hours as the ones you can’t work here anymore . Only... — read more 

Lots are stuck with Microsoft authentication errors here.

I can't believe people are returning to state farm to work. It is like watching your friend reenter a relationship with her abusive boyfriend. They (state farm) betrayed you once and they will do it again. They are abusive, lie, and manipulate, and... — read more 

To help pay for the executive leaderships incompetence. SF is loosing customers…according to my agent….even though agents make more more when premiums go up they are offset by the customers they loose. $28 billion the last 2 years in underwriting... — read more 

It's time to address the use of the term "the farm". What once may have been a casual reference to a close-knit family workplace has transformed into a demeaning portrayal of employees as mere sheep, herded and exploited for profit. This depiction... — read more 

Have been told that in my section (not sure about anyone else's) that our EPR ratings will now be tied to production (in my case, how many claims closed). This makes a tremendous amount of sense if one is IN a production role but when you have been... — read more 

Progressive is hiring 10,000 people in a new report released this week. Unlike State Farm which is struggling to maintain their competitive advantage and in a continued cycle of layoff and outsourcing since 2018, Progressive has their strategy... — read more 

Dear Fellow Analysts, As a software engineer who has dedicated a decade of my career to State Farm, I've witnessed the company's growth and evolution firsthand. However, with growth should come fairness and equity, and unfortunately, that's not... — read more 

Title: State Farm ET Executives Lay Groundwork for Analyst Outsourcing: A Disguised Transition In a move that has raised eyebrows among analysts, executives at State Farm are quietly laying the groundwork for a significant outsourcing initiative... — read more 

Another classic example of how State Farm has turned into a cold heartless company. Manager will now be getting bigger bonuses for doing nothing. Yes, three levels of managers. Those that kiss but and fake it will be paid in bonus money like... — read more 

As I Director I'm disgusted once again by ET Executives. They recently made the announcement we are not to rehire any former State Farm employees. Once again the executives step on the backs of analysts. When are people going to realize they... — read more 

The economy up insurance down. Economy down insurance up. Enjoy the good times now. Things will change.

Heard parts of Ad Services are going to HCL and some are being layed off. Just rumors or truth to it?

The directors will be sharing out assessments to their direct reports next Monday/Tuesday. Time will tell

Just read Tippy’s overall compensation fell to $17.6M in 2023 compared to $24.4M in 2022

Thoughts, predictions, rumors?

https://www.insurancebusinessmag.com/us/news/breaking-news/state-farm-generals-credit-rating-downgraded-483201.aspx

I would love to know how certain people seem to be able to get time off every other week or so - no joke- while the rest of us are told there is not capacity. The rules don’t appear to apply to all of us equally.

It's starting. Mote to come. Layoffs are definitely not off the table! Thats a good neighbor f

It's starting. Mote to come. Layoffs are definitely not off the table! Thats a good neighbor for you.

If you're unwilling or don't know how to play politics, you won't get far. It's as simple as that.

I dont anticipate any drastic changes….same ole same ole….continued underwriting losses

Better to use up PTO before retirement or cash it out? Does cash out go towards annual salary and increase pension payment???

https://www.carriermanagement.com/news/2024/03/01/259296.htm This coupled with the 13.4 billion loss for 2022..over $27 billion……the ceo needs to get fired as well as the executives under him

https://www.insurancebusinessmag.com/us/news/auto-motor/state-farm-agrees-to-pay-2-million-fine-476494.aspx#:~:text=State%20Farm%20Mutual%20Automobile%20Insurance,Insurance%20(CSI)%20Troy%20Downing. Forcing their claim reps to put comp neg on every... — read more 

Injury is staffing Up. Hiring a lot of people. What are the plans? Staff in the hubs? There were meetings with management but no announcements. Anybody know what is going on? Why does injury treat their employees worse than any other area of State... — read more