Missouri Judge Dismisses $7 Million in Fines Against Allstate
Midwest News July 25, 2008
A Jackson County judge agreed on Wednesday, July 23 to throw out a contempt order against Allstate Insurance after determining the company had finally complied with his directions to release ...
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Subject: My Two Cents (sorry Two Cents)
Posted On: July 28, 2008, 12:43 pm CDT
Posted By: Good Hands
Comment:
The documents in question were the famous McKinsey consults. Now that they are openly available, where is the outrage regarding their contents? There is no outrage because there is and never was a smoking gun. There is no trade advantage in the report now as many companies have followed similar advice in structuring their claims departments.
If the industry is so awful (and we are not), why are the complaint ratios so low? This is public information in most or all states. And Allstate's complaint ratio is just ordinary, unfortunately no better but still no worse than the competition. I am proud of the work I do and proud to represent the company I do.
Subject: My Two Cents (sorry Two Cents)
If the industry is so awful (and we are not), why are the complaint ratios so low? This is public information in most or all states. And Allstate's complaint ratio is just ordinary, unfortunately no better but still no worse than the competition. I am proud of the work I do and proud to represent the company I do.