U.S. P/C Insurers' Catastrophe Losses for Q2 Double to $6 Billion; Average Claim $5K
National News • July 21, 2008
U.S. property/casualty insurers are expected to pay homeowners and businesses an estimated $6.025 billion for second quarter property losses resulting from a total of 16 catastrophes in 27 states, ...
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Subject: RE: Just hope Liberty got hit !
Posted On: July 22, 2008, 6:33 am CDT
Posted By: Pud
Comment:
If they are like most of the mid to smaller insurers I don;t think any of them know what they are doing?
They hire kids out of college that know nothing about claims and the cionsumer suffers as a result this because they need their profit margin(the big guys anyway).The smaller insurance companies are likely not puiblicly held and traded on the stock market so service tends to be a bit more personal and generous.The beans aren't counted as tightly!
When it comes to being timed while taking a bathroom break this is rediculous.
Someone I know was not given a raise because they seemed to take too long when they went to the bathroom.I mean what is the appropriate time?
Like I said in the previous message don;t mind them making money but don't keep increasing prices to give the big cheese a large bonus or stock options then tell the small guy that they can only afford a 2% pay increase!
Either way you look at it the percentages go like this for the worker, 40-50% will get no raise at all for not meeting goals.These are the ones passing through.The next bunch will get 2-4% pay increase.
If you happen to be one of the lucky ones that are an over achiever or dedicated employee with no mistakes and have met all your goals you might get up to anywhere from 4-6%.Most of these positions pay very little for the amount of stress involved plus the fact the job market stinks you are essentially a slave unless you stay for 30 years and out play the salary range.
If I'm not mistaken except for a handful of states the cost of living is pretty much the same as anywhere else in the country now so that equates to about a slap in the posterior for a raise.It doesn't even cover one essential living expense and these are the people doing all the work to make those huge bonus' for the big guys.
Again this is not just geared towards insurance it has now expanded to the point that it's an economic epdemic!
Subject: RE: Just hope Liberty got hit !
They hire kids out of college that know nothing about claims and the cionsumer suffers as a result this because they need their profit margin(the big guys anyway).The smaller insurance companies are likely not puiblicly held and traded on the stock market so service tends to be a bit more personal and generous.The beans aren't counted as tightly!
When it comes to being timed while taking a bathroom break this is rediculous.
Someone I know was not given a raise because they seemed to take too long when they went to the bathroom.I mean what is the appropriate time?
Like I said in the previous message don;t mind them making money but don't keep increasing prices to give the big cheese a large bonus or stock options then tell the small guy that they can only afford a 2% pay increase!
Either way you look at it the percentages go like this for the worker, 40-50% will get no raise at all for not meeting goals.These are the ones passing through.The next bunch will get 2-4% pay increase.
If you happen to be one of the lucky ones that are an over achiever or dedicated employee with no mistakes and have met all your goals you might get up to anywhere from 4-6%.Most of these positions pay very little for the amount of stress involved plus the fact the job market stinks you are essentially a slave unless you stay for 30 years and out play the salary range.
If I'm not mistaken except for a handful of states the cost of living is pretty much the same as anywhere else in the country now so that equates to about a slap in the posterior for a raise.It doesn't even cover one essential living expense and these are the people doing all the work to make those huge bonus' for the big guys.
Again this is not just geared towards insurance it has now expanded to the point that it's an economic epdemic!