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.
33 replies (most recent on top)
You might want to know facts before you post BS. State has obtained NAMING RIGHTS for AZ stadium, Atlanta arena and the University of Illinois Basketball arena. They don’t OWN any of the 3. Id--t.
You might want to google "State Farm Stadium". Great to see so many people who dont work here engaged in curiously passionate discussion that they know nothing about.
They have never bought a stadium. They have unloaded a lot of leased space and celebrity spokesman runs about 1 million a year for a 130 Billion dollar company.
The real reason is to save costs, and unload a lot of liability. They could just not lease the hubs no one wants to be at, and stop buying stadiums and celebrity endorsements to save costs, but this was deemed to be better.
Larry it is you again nuk, nuk, nuk
Corporate stooge just being a Corporate stooge. Bought and paid for because you know you'd otherwise be Flippin burgers
@7atz-soooo Larry it seems Moe and Curly are waiting on you.
Not my original post. I was just pointing out facts of growth and capital. You apparently cannot even define your own lies statement and other absurd comments.
Sooooo you don't deny that you are a paid SF stooge. I wonder why SF needs paid stooges??? Oh yeah to deflect and defend the CEZeros failures and the companies continuous downward spiral.
@7eki-what “lies” are you suggesting we’re made? SF has grown more than competitors and their capital base is highest in history.
The better to stalk you with my dear
Wow, a SF paid stooge spouting lies as the company literally bleeds billions of dollars. The board has a fiduciary duty to protect the company even from its CEO failure to do so i heard is negligence, malfeasance and punishable by firing and criminal prosecution. So if the board loves their fat cushy job they better do that job or go down with the titanic
Board loves him. He has taken a 100 year, industry leading company and expanded its lead and strengthened its financial standing to one of the most financially secure companies in the U.S.
Tipstard is running out of other folks to blame for his failures. He needs to go and if the board takes no action they need to go too.
Insurance industry incurred 70 Billion In catastrophe losses for the first 6 months of 2023-second worse in history-2011 was only 6 month worse period.
Everyone in industry is losing money. One of the worst catastrophe years in history.
SF set to lose billions for 2nd year in a row. Who will Tipsturd blame this year...the insureds...if it weren't for their bad driving. It's not your terrible workforce after letting the knowledgeable and experienced folks go to save a dime.
SF’s written premium increased 24% in Q2-the highest in 21 years. SF written premium 23.7% increase y/y easily outdistancing all top 10 competitors.
@5fbl-totally juvenile.
Industry announcement this week that SF extended its market downfall behind GEICO and Progressive.
Industry announcement this week that SF extended their market dominance against every major competitor.
Anyone else smell that? Its SF swirling down the toilet bowl with the rest of the tipsturds...greedy, adulterer, sloth
Company only cares about costs and policy count. This helps their cost metrics. People are not a factor.
Sold a bill of goods. What happens when “leadership” fails to do its due diligence and thinks employees can be replaced easily. Their egos won’t let them sit back and think “maybe this a d-mb decision”. The lack of accountability makes them “successful” every time
They got sold a bill of goods! Many know it the rest will learn in time. They can't keep the results hidden.
Assuming no truth because the same aholes claiming to save money are taking huge bonuses, building a new air plane hanger for bigger corporate jets.
Does not sound like being frugal does it?
@1yfn-pretty funny. This gloom and doom comment has been getting made every week for the past 10 years. All the while SF has grown larger in policy count and financial strength. Good thing no one depends on these sensational false forecasts.
Six months from now is going to be interesting. Lol
I know more and more people saying “f this” and retiring or going to other companies.
Reap what they sow.
Why instantly assume there’s no transparency or truth? If the answers make sense, maybe it’s because they’re really the answers.
Bof..but don't aks me why
If you have over 10 years at SF, you are an expense unless you are in with "them"
Both
Both?