Topics regarding layoffs at State Farm Insurance

Topics regarding layoffs at State Farm Insurance

AI takeover

Can anybody weigh in on when AI will replace us? Whether it's underwriting or claims? Policycenter in underwriting is moving fast. Much faster than I thought it would anyway but have no idea what the future looks like. Have been concerns about... — read more 

Fed up and ready to move on

Five years of putting up with an angry manager and constant nitpicking wore me down. Getting treated like I couldn’t handle anything, with every tiny mistake blown out of proportion, was exhausting. On top of that, the micromanaging and feeling... — read more 

Did underwriting ever update their software system?

I was just wondering if underwriting ever updated their pathetic 1980’s green screen systems that they were still using as of 5 years ago when I left. At that time, they claimed that they were working on creating a new program that would be released... — read more 

2024 Underwriting losses ?

So far for the years 2022 and 2023 they have lost $28 BILLION in losses. I bet it will be the same for 2024……as a few days remain this year…..that would equal $42 BILLION which would fund a war against China. Failed executive leadership

No more Legacy PTO banks

Heard that State Farm is announcing a mandatory buy out of all Legacy PTO banks. Is it true?

Back in the office 2025

Word on the street is SMs and CMs will eventually be coming into office, two weeks a monthnit seems. It will be trickling down to the rest of us in due time. Don't know about ya'll but I ain't coming into the office, they were pushing it with even... — read more 

Back to Corp South?

Hey all you corporate SFers out there. Do you know if IT is moving back to south if it’s in the office or just every day or like we have now come in once a week or a month or quarter preferably never. What I’m saying is is there gonna be a... — read more 

This thread has really slowed down.

haven't been here for a few months and I'm surprised to see how few posts there the last few months. We'll I just come here to say, if you want more SF reading enjoyment there's a kinda old and still open thread on reddit if you want to read unhappy... — read more 

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| 1300 views | | 4 replies (last November 17, 2024)
Post ID: @OP+1vtCMPQ2

Removing all the EV charging stations

SF is removing EV charging stations from its parking decks at Corporate and Corporate South, and at Hubs, due to fire hazards that “cannot be mitigated”. Isn’t charging these EVs fundamental? If it’s such a fire risk to charge them, then nobody... — read more 

Great choice State Farm

You picked one heck of a company to rebadge people to. One lie after another. Now several people received half a pay check and are being told they will get the other half when they leave the company. A whole week of pay just being held back. ... — read more 

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| 1600 views | | 4 replies (last December 1, 2024)
Post ID: @OP+1v3BYLmF

EIP is plummeting

EIP just dropped 16% points in the past month...... And is now only 81%. We are doomed!

Ok end of sept means what ?

2022 and 2023 recording breaking $28 billion net underwriting loss….so here we are 2024 almost the end of the 3rd qtr….are we gonna be $1o billion loss for a total of $38 billion ? Any guess ?

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| 2460 views | | 13 replies (last November 17, 2024)
Post ID: @OP+1ux9fNAJ

How are things going?

I've been gone from State Farm for more than two years, so I'm curious, has the management finally succeeded in slashing their way to profitability, or are they still working on it?

nothing wrong with pursuing a career you don’t LOVE

I’ve been in the insurance industry for 9 years. Do I love insurance? No Am I passionate about insurance? Not necessarily But what I am passionate about is financial freedom and this is a great career path to achieving that. People will tell you... — read more 

I Like All of You

All of you seem like really nice people. I wish I could meet you all. I'm sure we would be friends.

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| 660 views | | 3 replies (last September 6, 2024)
Post ID: @OP+1uiK70VS

Raises or hush money?

These raises would be nice if they didn’t always monitor our idle time and other methods to micromanage us. That’s nice you paid a couple more bucks but i can’t even go to the bathroom without getting anxious because i haven’t clicked my mouse in 91... — read more 

I am really starting to hate my job

Modernization is bringing me down. The raise this week was pretty much the ONLY positive thing that’s happened in my job in 2024. Who decided “modernization,” the way we are doing it, was a good idea? I work in billing. I get screamed at daily by... — read more 

Return to office 1st Qtr 2025

You better get ready! The reason why you just got the extra money is because Exec is going to start bringing people back into the hubs more starting 1st quarter 2025. You will get the announcement during the 4th quarter this year. Remember, Execs... — read more 

Claims jobs in Bloomington

I’ve never seen so many job postings in Bloomington for so many claims jobs, was there a lot of recent turnover? It look like ever segment in claims is being posted.

The big announcement is real

The big announcement that people are hearing about is real. Today claim managers filled in second line leaders and on Thursday team managers will find out. Team managers can start releasing information on aug 2nd. It’s good for some people but sc--ws... — read more 

July 31 Announcement?

Probably just a rumor…but is there a “big announcement “ coming on July 31? If so, hope it’s some good news for the org!

Rebadgers hired back?

I think it is funny how many rebadged employees SF has hired back. More proof of the catastrophic success. Suprised people want to go back.

Really?!?!

No posts for the whole weekend?!?!?! Wow!!!

Tipsfords gone Farney takes over

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 

State Farm SIU defanged

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?

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

About to be discarded- too costly

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.

What will it take to get rid of HCL?

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?

Tipsfo

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 

Rebadger Raises

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. :)

MAAS All hands Meeting 5/21 @ 8 central

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 

Sham

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.

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