New Jersey. Allstate rattled about pulling out because of the \”huge fraud\” cases in that state. New Jersey said \”fine\” do it, but take all your business with you including \”Sears\”. Shut down \”dem stores in New Jersey. Impaled upon the horns of a dilemma Allstate then separated itself from Sears and whoosh pulled all the Allstate booths from Sears nationally. I don\’t know if they\’re still operating in New Jersey. Next Mr. Wilson, as he climbs the corp ladder, puts out a letter that read in pertinent part, \”to continue to do the same thing and expect different results is, Yes you guessed it, \”insanity\”. Verbage straight out of every business-university-class across the country. Corporate life is cloak-and-dagger and these fellows must come up with sometin\’ different and profitable to be better than their competing cohorts. In this case, Mr. Wilson goin\’ at it small big-time. Downsize the biz and still retain corp image. Hi-yo Silver, awaaayyy!
I might be more sympathetic to Allstate\’s plight had they not cancelled my homeowners insurance after my first and ONLY claim at age 30, having had Allstate continuously as my insurer for car, boat, and home, from age 18 until then…
I have been with my current insurance co. since then – 38 continuous years – without filing a claim…
C\’mon gang, it\’s the best company to work for. Where else can you work where the company comes in and nonrenews most of your ho biz w/out warning? But the brand recognition is the only think they have left
Allstate has got it right, don\’t insure anyone that has a possibily of having a claim. Gee I\’ve been trying to do that for years. No new HO in Calif, I wonder how long before they figure out how to non renew the Calif HOs.
Allstate gives away homeowner insurance in Tarrant County (Ft Worth), TX the renowned hail capitol of north Texas. Yet in the remainder of the Dallas-Fort Worth Metroplex they are a \”high\” cost insurer. Interestingly, Encompass Insurance (the Allstate owned independent distribution channel) eschews homeowner business in Tarrant County but is very competitively priced in the balance of the Metroplex. One corporation, two different answers. How does Allstate define risk? By type or geographic location?
Maybe the co should change its name to some state insurance. Insurance is about risk and how to manage them. To leave the home market is not sensible, but then in my opinion much of what they have done in the last 7 years makes sense. It would appear that they want to take customers money for insurance and not pay out when hazards occur. If they wish to leave the ho market they should be encouraged to also leave the auto and related risks market. Just my humble opinion
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New Jersey. Allstate rattled about pulling out because of the \”huge fraud\” cases in that state. New Jersey said \”fine\” do it, but take all your business with you including \”Sears\”. Shut down \”dem stores in New Jersey. Impaled upon the horns of a dilemma Allstate then separated itself from Sears and whoosh pulled all the Allstate booths from Sears nationally. I don\’t know if they\’re still operating in New Jersey. Next Mr. Wilson, as he climbs the corp ladder, puts out a letter that read in pertinent part, \”to continue to do the same thing and expect different results is, Yes you guessed it, \”insanity\”. Verbage straight out of every business-university-class across the country. Corporate life is cloak-and-dagger and these fellows must come up with sometin\’ different and profitable to be better than their competing cohorts. In this case, Mr. Wilson goin\’ at it small big-time. Downsize the biz and still retain corp image. Hi-yo Silver, awaaayyy!
I might be more sympathetic to Allstate\’s plight had they not cancelled my homeowners insurance after my first and ONLY claim at age 30, having had Allstate continuously as my insurer for car, boat, and home, from age 18 until then…
I have been with my current insurance co. since then – 38 continuous years – without filing a claim…
C\’mon gang, it\’s the best company to work for. Where else can you work where the company comes in and nonrenews most of your ho biz w/out warning? But the brand recognition is the only think they have left
ALLSTATE INSURANCE …..(except Florida,
Mississippi, Lousianna, Texas, California…….
Maybe SOME-STATE INSURANCE or MOST STATES INSURANCE,,,,,
Allstate has got it right, don\’t insure anyone that has a possibily of having a claim. Gee I\’ve been trying to do that for years. No new HO in Calif, I wonder how long before they figure out how to non renew the Calif HOs.
Allstate gives away homeowner insurance in Tarrant County (Ft Worth), TX the renowned hail capitol of north Texas. Yet in the remainder of the Dallas-Fort Worth Metroplex they are a \”high\” cost insurer. Interestingly, Encompass Insurance (the Allstate owned independent distribution channel) eschews homeowner business in Tarrant County but is very competitively priced in the balance of the Metroplex. One corporation, two different answers. How does Allstate define risk? By type or geographic location?
Maybe the co should change its name to some state insurance. Insurance is about risk and how to manage them. To leave the home market is not sensible, but then in my opinion much of what they have done in the last 7 years makes sense. It would appear that they want to take customers money for insurance and not pay out when hazards occur. If they wish to leave the ho market they should be encouraged to also leave the auto and related risks market. Just my humble opinion