SF has lived and died on "It's a business decision." Pulling out of California during the largest fire in history speaks volumes about their "All about me" attitude to both their employees and the customers. I hope they enjoy flying around in their business jets making the big bucks and bragging about it while their reputation on main street is flushed down the toilet.
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Reread. Physically?
Got it. Dum--ss thinks State Farm is responsible for physically maintaining the State of California. Very practical.🤔
This is what happens when we have a college boy pencil neck paper pusher who's never put a days work in his life. They look at the paper only to think the metrics has the answer. Common sense that people have asked for not only lacks in government but in offices as well. Too many of them are either d-mb or substance abusers IMO.
Spend some of that fat to show the fat how to mitigate fire damage? All talk, no work, bullsh*t, doesn't solve problems. Chainsaws, bulldozer, graders, and some good old fashioned work. Then again, that's something elitist pencil neck pencil pushers never understood because they were never raised to honor labor hence a pile of ashes. Zero common sense!
It’s an awesome time to be a SF agent. The money is rolling in for real.
State Farm makes a brilliant business decision in pulling out of California. There, I fixed it for you skeeter.
When will the fire take out REDONDO BEACH ALL THE WAY OUT TO THE OCEAN?
Furthermore, show you how bad SF is.....ask anyone who is retired and spent more than 30 years for the company, 90% would not recommend SF as a career. Is that a healthy company? No! SF needs a Pete Hegseth.
Hey id--t! Don't need to know how insurance works. I do know when ANY company is owned by its customers and the Igits that run it spend 50 million on an airplane and give a 25 million dollar bonus to the head cheese while leaving a customer homeless is disgusting to the point a person would sp-t!
Tell me you don't know how insurance business works. Without telling me. Do some research before you open that hole in your face
Wasnt State Farm losing money in CA for like 5 years before pulling out, and we only pulled out when the DOI refused to allow us to match risk with premium in those areas. I know the entitled people of CA would demand companys go bellyup for them, but that would put other, non entiled CA policyholders at risk as well and is a bad idea. Sorry CA.
They pulled out with plenty of notice, explaining that they could not absorb record catastrophe losses without adequate premiums. And almost immediately, there were record catastrophe losses right where they expected them.
Insurance is for the sudden and unexpected…..not for what is inevitably coming.
And a 100% correct business decision. And just in time.
Reread the thread here and think about what is being said. I hope someday the cold hearted arrogant rich bragging MFers learn how to be humble to honest hard workers. They simply have no heart nor humanity in them.
California has been anti business for years. Insurance companies have been fought at every turn by the CA DOI.
The blame lays at the doors of the politicians who made the state so dysfunctional and dangerous
Why should people in other states pay for California when their stupid ways will not let any company have the correct premium for the risk. This goes back to the early 90’s Prop 103 and continued for 35 years. I feel bad for the people that live under their stupid policies and the sad impact to them and their families.
A PFC disarmed a Brig General and a LT Col. LMMFAO! TRUE!
I'd rather be a Private First Class and be able to sleep at night rather than be a effn LT Col who can't sleep knowing they kissed a$$ and sc--wed hard working people.
State Farm decided California has too much fire risk to insure homes. This was done prior to the current fires in Cali. Continuing to insure properties in this area makes no financial sense. If you feel bad, then you go and insure them. Some people whine just to whine. Don't be such a fool.
@ba+1-that is why in your 30 year career you made it all the way to Private First Class.
Myself personally I would be ashamed to fly around in a 50 million dollar airplane while I watch my neighbors house burn. All while having about 7 other airplanes.
The OP must be one of those socialist liberals that lacks any business sense.
Nope. Mainstream America is fine with SF business decisions to protect the financial futures of mainstream America
Not sure whether OP is stupid or just dishonest. Probably both. Anybody at State Farm, and most people who’ve ever heard of State Farm, know that these non renewals were announced quite a while ago, and had already taken place before these fires. Also that these fires just prove the decision was the right one.