Topics regarding layoffs at State Farm Insurance

Topics regarding layoffs at State Farm Insurance

Is SF doing away with all IAs as of 11/01/2023?

I've been hearing rumblings about the IA thing in general, but I recently saw a social media post that specifically states that ALL IAs will be done away with as of 11/01. Just wondering if that's true.

SF credit outlook downgraded

Just read where AM Best has downgraded SF credit outlook from stable to negative, citing significant underwriting losses, natural catastrophes, and the inability to secure some rate increases from insurance regulators.

Curious the real reason for rebadge

Hearing two answers on hcl rebadge. One is SF had many analysts nearing retirement, and they would be hard pressed to replace them. The other side is saying it was to cut cost. Which is it? Wish there was some transparency and truth.

Communications

Our communication department is a joke. Led by an AVP who talks about everyone, is a role model for passive-aggressive behavior, and has effectively run five high-performing leaders, strategists, and employees out of the area. The directors are all... — read more 

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| 2020 views | | 5 replies (last September 23, 2023)
Post ID: @OP+1oz0h7Hs

Eliminating company cars

We were told that the company needs to eliminate expenses so they eliminated a significant number of company cars in proximity. If you need to go out to the field, you now have to rent a car. Not really cost effective. Many of the cars are 7-10 yrs... — read more 

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| 2440 views | | 14 replies (last September 15, 2023)
Post ID: @OP+1owPwij9

401K match

Did anyone who is pension eligible get notifcation is we got a 401K match for 2022? Also how much are they contributing to the non pension eligible employees?

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| 1750 views | | 2 replies (last September 2, 2023)
Post ID: @OP+1omZ5m3J

SF won't get caught...

https://www.insurancebusinessmag.com/us/news/breaking-news/allstate-reaches-90-million-settlement-in-shareholder-suit-456575.aspx Saw this over on the Allstate site. Looks like their Execs got caught doing what SF has been doing over the last 4-5. ... — read more 

Maui

Hold off on the 25 million dollar CEO bonus. Get those big checkbooks out and put that money back into the pockets of those who have long paid into it. LOL!

Hubs need to reopen full time

Man what a waste of money the company is spending on empty office space. Maybe then work productivity would improved and micromanaged better.

How many rebadged people have already left?

Just curious how many rebadged analysts have already left. Execs did not account for third level work, and it is a shitshow. I know they are trying to polish the turds as fast as possible How many just said “nope” and quit/went somewhere else?

Claims: The Solution Is An Unofficial Strike

We’ve all seen what UPS workers were able to accomplish. Granted, they have a union and we do not. However, we do have a lot of pi---d off, angry, miserable people working in a sweat shop environment with low pay, incompetent leadership, and new... — read more 

TL CA - New Hire - First Impressions

First, here's a bit about me: I took this job during a difficult period of my life - hired on in May, started in July. I'm a web developer still early in my career but due to burnout, lack of discipline, and some mental health issues, I wasn't able... — read more 

Thank you State Farm ….

… for teaching me about discrimination and glass ceilings. Unsuccessfully trying to post out of Injury for 2 years now has taught me what it is like when qualifications don’t matter. 3yrs TL CA experience and mistakenly went to Injury thinking it... — read more 

Unmanageable workloads

I too have more work than I used to, but I could never say that I now do double or triple workloads like some people here do. Quite simply, such an overload would be physically and mentally impossible for me to bear, even though I've always had a... — read more 

Leadership is destructive

Radical changes are needed in my opinion. Can anything be fixed here without radical changes? I doubt it. It is difficult to understand why the leadership thinks so little about the future of State Farm.

PLCC

What even is this role? Why am I helping a new staffer understand what a named peril is? I thought I was an underwriter not a baby sitter. They didn’t mention this in training. Is production a better fit if I came from a high networth team?

Marketing is a joke!!!!!!

Marketing is a disaster and it just keeps getting worse. The executives fly all over to be at every shoot, wine and dine with the agencies, go on the agency trips and yet expect their employees to be at their beck and call. If you are friends with... — read more 

Bonus

Is claim’s getting the August bonus this year?

Claims Workforce Is Trash

I know people on this site love to complain about their job, pay, etc but has anyone taken a good hard look at the people being hired in claims? I have seen people with face and arm tattoos all over walking through the door. People who lack reading... — read more 

Does anyone remember the statefarmsucks.com website?

Have t seen it since the mid 2000’s. It always had some interesting reads and inside scoop. You can still find it on way back machine. But suddenly, it just disappeared. Like, poof…gone. It now takes you to a Huffington Post link. Fascinating... — read more 

Work sharing

So I have been training on a different job function but still in underwriting, I also believe it’s a lower pay scale. But I’m really really enjoying it, less stress and my boss isn’t on my a-s for my metrics, I have MS so I have cognitive issues, and... — read more 

Where the He-l is my 401K?

It's the "week of July 16" by my calendar and I do not have access to my 401K as promised after the Vanguard move. WTF is going on. I am retired and my 401K is very important

People leave bad managers

I think more and more that among the many reasons why people leave here, the biggest reason are the bad managers they had. Very possible, right?

Developing skills

I don't get the impression that folks are really happy with how much they were able to learn here. Or am I wrong? Some will say that the individual is solely responsible for learning, but a lot depends on the environment that encourages skillset... — read more 

Team handling of auto claims…

Is a disaster! Whose bright idea was it to set things up like this?? I’m an IA and am in my first year in the industry. I’m on a deployment where we received zero training and it’s clear that no one else has either. It’s a complete cluster, and we... — read more 

They still manage by fear only

I hope that there are still managers here who manage in the right way, by really trying to get the best out of people. What I see a lot instead is taking advantage of the employees' fears of losing their jobs in order to squeeze them. Anyway, I... — read more 

Burnout due to capacity levels

The fact that it’s nearly impossible to take time off, which is needed to recharge and for mental reset, is the biggest issue. People being required to do the work of 3-5 people at all times with constant OT and when you have upcoming PTO you have to... — read more 

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| 2760 views | | 13 replies (last July 12, 2023)
Post ID: @OP+1nmLIFVr

What are your 1x1s like?

Mine go : “Hey you did a great job all month but your one obscure metric is a little high. I’m going to have a hard time recommending you for anything and wont really help you grow. I’ll bring this one metric up every following 1x1 and if you meet... — read more 

Minimizing employee achievement

Perhaps it's just my impression, but it seems to me that the belittling of employees has never been more present here than it is now. If the boss sets very unrealistic goals and then criticizes us of being incapable to meet them, what's the big... — read more 

Peace be with you.

Well folks today was my last day at the farm. Thanks for paying for my education that has allowed me to find another opportunity that pays more. Today was great to release the Golden cuffs I was locked into for so many years with the lack of... — read more 

Complaints do not solve anything

Some will say that these are not complaints but criticism that the leadership will not even hear, but still... is it really that much worse here than in other companies in the industry? Everyone has their priorities, but my opinion is that it is... — read more 

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