Allstate eats its Young

Allstate claims adjusters class action

 

And This From One of Allstate's Own

Barleycorn
by: el_vidente_del_diablo
02/13/02 03:42 pm
Msg: 35423 of 35424
 
I am new to this message board but your posts have really gotten my attention. I would like to back up a few things you've stated. I don't know where you are so I can't speak for your area of the country. However, it's becoming clear to me that things are pretty much the same everywhere. The state I write business in is tanking. Our agency is tanking. And let me say for the record I am just a lowly support staff but I was inline to buy the BOB when the agent I worked for retired. But due to recent developments in the upper echelons of this company I am bolting. I don't get paid for writing business so I don't have any incentive. And even if I did have incentive, I just don't believe in the product anymore. The rules are too strict and the premiums are too high. And I've seen too many raw deals in the claims department.

 

A Message To Our Viewers

It has been reported that an Allstate agent in the Central Midwest is sending his client base a packet of information he has culled from various newspapers and financial publications discussing the September 11th attack. Seems he is trying to convince them that the 9/11 tragedy is the reason for Allstate's rate hikes. 

Personal lines P&C rates are not affected in any significant manner by the 9/11 tragedy!

If true, this agent has taken a national tragedy, and used it in a self serving attempt to justify actions that are actually attributable to underwriting and profit strategies.

Looks like the direct exposure Allstate had to the 9/11 losses were some auto losses, contents losses in apartments, and some living expenses. The CAT team had a presence but it mostly served as a PR presence. An agent of Allstate has stated: "The total CAT costs did not exceed that of a good size hail storm."

I believe Allstate has suffered financial decline from bad management, bad business decisions, and bad claims handling rather than from direct losses of 9/11.

Maybe this agent has not been informed as to the actual business reasons for Allstate increases and has resorted to more populist methods. Maybe this agent is getting desperate, loosing accts., and trying to make ends meet. Whatever the reason,

We are appalled by his actions!

I welcome any and all comments on this... I'd like to know if I'm off base in my perceptions. I certainly haven't heard of any other company using 9/11 as a reason to raise personal lines premiums.

Thank You, Please give your opinion

 

ABC PrimeTime exposes Allstate.  Nine states open investigations against Allstate.

ABC PrimeTime story

 

 

If you’ve been in an accident in the past five years and had to pay a lawyer to help you settle your personal injury insurance claim, you could have some money coming.

Now the Washington State Supreme Court says the insurance industry must pay – to the tune of close to $60 million.

 

Insurers Are Unrestrained, Thanks to GOP

Government: A Republican blames his party for the state mess exemplified by Commissioner Quackenbush. 

 

RECALL QUACKENBUSH

Chuck Quackenbush, California Insurance Commissioner, cut a deal that let insurance companies "donate" $12.8 million to private foundations he established rather than pay fines of as much as $3 billion for mishandling claims from the 1994 Northridge earthquake!!!!

 

If you’ve been in an accident in the past five years and had to pay a lawyer to help you settle your personal injury insurance claim, you could have some money coming.

Now the Washington State Supreme Court says the insurance industry must pay – to the tune of close to $60 million.

 

California, Northridge Earthquake, Whistle Blower Trial

 

Indiana & Washington TV stations jump on bandwagon 
Expose Allstate Insurance Company

 

 

STALKED BY ALLSTATE 

 

Allstates "Scorched Earth Policy" 
"So Sue Us"

 

Gary - this just came down Today and I wanted you to be able to be among the first to know that Allstate just got totally HAMMERED in Washington state.  A superior court judge found its adjusters engaged in the unauthorized practice of law, breached their fiduciary duties, and were negligent!  This case is the first in the nation where the little guy has SOCKED IT TO 'EM on these grounds!

 Here is the official press release from the Washington State Trial Lawyer's Association. The hero attorney is John Budlong.  The hero judge is Phillip Hubbard.

Click Here For Story

 

Consumer Alert: Insurance Companies Attack California Consumer Protection Laws

 


Free download of Adobe  Acrobat Reader 

If you can't read the Adobe Acrobat PDF file, here is the lawsuit in HTML

 

Editor's note: The following text is taken verbatim from Allstate's "confidential" employee training manual, "Unrepresented Segment Training." An "unrepresented segment" refers to a person who does not have a lawyer but who has been involved in an accident with an Allstate policyholder.

http://www.insure.com/auto/allstate/unrepsegment.html

Allstate's "Do I Need An Attorney" Brochure (& Other Links)
http://www.insure.com/auto/allstate/attorneyform.html

Editors Note: The box at the bottom of the Allstate "confidential " Training Manual, has links to different sections in the manual.  Each section's box displays new/different sections.

New Class-Action LawSuit filed against Allstate Insurance Company for "FRAUD"

Filed Oct. 1,  1999 
Portland, Oregon

Imagine the pain of being injured in an auto accident.
Then imagine the pain of your insurance Company refusing to pay your medical bills!!!!!

      

        

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