This crew can really take single data points and spin them into incredible stories. Listening to the discussion, one might have thought we are growing auto policies by 5-7%. Allstate Brand auto may be at highest level ever, however, all in Auto is up a scintillating .7% of 1% in the last 12 months. And what is Guy Hill selling? "We have a long history of success in challenging cycles. Look at 2016, 17, 18". Well let's fact check that statement. Through that period, we lost market share and gone from #2 to #4 in auto marketplace premium. These cats have been paid very well to shrink the company with no end in sight other than taking profits to buy back shares and buy lousy companies. Are we individual contributors the issue, or are we victims of incompetent leadership?
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Would be great if the “fact checking “ poster here actually checked their facts. GEICO passed Allstate in 2013.
Plenty of long term insureds dumping policies. There is no growth in auto
A company is only as good as it’s leader….. Pretty sure we don’t need to go any further…….