More word salad from CB today for claims risk mitigation, ECL and EC groups. Email said nothing. The only key was that word “centralization” in the subject line that gives us any clues. They’re going to hire a director level to oversee these groups for a “newly created” complex and large loss casualty team. You have to read between the lines with anything CB puts out. She’s one of the most non transparent of all. Good luck adjusters. These groups are about to get “centralized”.
3 replies (most recent on top)
What a weird issue to have with someone - it's not as if all the leaders that grew up in allstate are doing that well...
This is for auto claims? Can anyone confirm?
CB and KS under pressure as adverse loss development continues. They'll attribute much of this to social inflation, but it appears to be operational issues post 2020 RIF. Brandt will spend what's required to make sure Glenn's top LIberty recruit succeeds.