Come On Folks, This is starting to sound like a meeting of the \”Also Rans\” just complaining about the True Leaders out there fighting for whats right.
I am for all of the Investigation and Oversight available under the Law, but as long as it is not run by Greeseball Attorneys.
Let\’s Look at the Facts: State Farm is taken to court about 22 times every day. They settle over 10,000 claims every day. 22 problem claims out of 10,000 does not sound bad. Not to mention, how many of those 22 are motivated by greed and sleeze.
Rich P and the other pack of Loosers, go find something usefull to add to the conversation, not just that State Farm should be investigated, they are investigated more than any other company out there, just based upon litigation alone.
Go for it, This \”Investigation\” will just make them more refined, adept and capible in navigating the legal snake pit that is our system.
Like it or not State Farm is the IBM/Microsoft/Proctor&Gamble of our industry. I wish the other players out there could just Match them, nah, lets just complain like the ***** children that we are Rich P ? This is easer than putting up the Goods and trying to Best this Giant. It\’s time for people to Put UP or Shut Up.
Ok, its your turn to Cry again, I am ready for the Post, so just Post away, I\’ll get your Rattle and Blankie ready,
You all make me sick, Crybabies.
Do you like to keep your head in the sand? No doubt it feels good, just as long as State Farm keeps feeding you your semi-monthly dose of greenbacks.
Roger, what would you say about a company that regularly makes multi-million dollar real estate investments, then depreciates them to zero over a few years, then removes them from the books without ever reporting any evidence of a sale or other recovery of the original investment?
What happened to that real estate? Did it just evaporate into thin air, like the millions of dollars State Farm invested in it?
Well, THAT is what State Farm started doing the year that your good buddy Eddie Jr. took over the company in 1985.
Where do you think all those millions of dollars from the Life Compamy went?
Of course, you as an agent have been pressured to sell Life and financial products all during that time so they could justify the \”bonuses\” that they snuck out of the company into \”somebody\’s pockets. And you were required to waste your valuable sales hours selling products that paid nearly no renewal commissions instead of spending that time selling casualty products that would pay you a full commission every year. So, Roger good buddy, next time while you are kissing Eddie\’s you-know-what, think about all the commissions you could have made doing what is most profitable for you. And tell Eddie how happy you are that he and his buddies grabbed millions of bucks at your expense.
If you don\’t believe any of this, get yourself copies of the Supplemental Investment reports from the Life Company starting in 1985.
It\’s time for the government to investigate State Farm. The management of this company will lie to get what it wants and once again a jury reviewing the evidence has come to the same conclusion as many other juries: \”State Farm acted in bad faith\”. This is not an isolated incident and it has been happening time after time. State Farm has committed perjury to the IRS and I have the documentation to prove my statement. It is not suprising the jury came to the verdict they did.
I agree. As an adjuster, I would rather eat beans and government cheese than work for State Farm. I stay in this career because my employer dealt with the wind/water issue fairly. From the start, we paid what we could under wind, even if the home was washed away. If a structure was standing, had some roof damage with a stain on the ceiling, we bought the affected rooms contents. Sometimes even I thought we were giving away the farm. Because of our claim philosophy, I actually felt like I was making a difference after Katrina. Helping folks after such devestation, providing my insureds with a shoulder and an ear, was very gratifying. Companies such as State Farm, give the fair and compassionate adjusters a bad name.
What do you mean, can you say Enron? What a moron. State Farm is a mutual company, so they don\’t have stockholders and are basicly owned by the policyholders. What company executive is getting rich by not paying claims? NONE!!!
Are you realy a sf agent, or do you just play one on the internet?
Mark, check the National Association of Insurance Commissioners website, Consumer Section, Insurance Company of your choice (SF). The website will show information that mirrors Enron. I am SF agt over 28 years. Mark, I don\’t know your occupation or affiliation, don\’t care. I know what I know.
As a State Farm Agent you must be aware that two former Enron Board Members were also board members of State Farm and then they suddenly vanished from the State Farm board. As a State Farm Agent you might not be aware of the many \”Jack Companies\” that are limited partnerships as part of Amberjack. State Farm has lied to the press about the number of \”Jack Companies\” before, this was in a press conference in Washington DC in 1999. I think if you are going to jump to the defense of State Farm you had better know all the facts. Does it not concern you that State Farm has committed perjury?
\”What company executive is getting rich by not paying claims? NONE!!!\”
Actually many mutual insurance companies get rich by not paying claims, without stock holders many \”mutual\” company executives are free to run amok with their own compensation with nobody to look over their shoulder.
I\’d love to be a mutual insurance company executive, they\’re the least accountable people on the planet (sans government workers).
Foks are missing the big picture. The larger insurers set up the scheme that fell apart with Katrina. They sold homeowners insurance that protected them but of course the insurance sold did not protect them from the hazard they needed the protection from, storm surger. Insurance companies and the Fed\’s have worked up the flood program not as a protection program for the middle class but as a protection program for insurers so they can avoid providing coverage for that peril and for rich people with expensive homes on barrier islands..
The whole thing does not meet the \”justice\” test and justice will find a way. These companies will lose their lawsuits and will be in desparate shape. They will stall on these claims begging for time. They will seek Federal legislation and when they get it, they will ask for a bailout (see airlines).
As a SF agent, I admire you. We have never met, maybe someday we shall. However, you and I communicate with each other, via other means, on a regular basis. As far as the other individuals responding to these notices, \”Walk a mile OR TWO, in our [State Farm insurance agent] shoes\”. One further note, the insurance industry is pushing for a new national catastrophe insurance policy for the nation. This means HIGHER costs and REDUCED coverages. But wait one minute, isn\’t that now happening in Mississippi, Louisiana, Florida and Texas? The new planned insurance policy will be a federally subsidized policy, and you can\’t sue the fed. Can you say FEMA? CAVEAT EMPTOR
\”Mark my words\”, Mark,…SF management invests more money, in my opinion based on research, in companies like, Archer Daniels Midland; Vulcan Materials; Caterpillar; The Soy Company, et.al. Why? They sit on the respective boards of these companies. Further, huge investments are made, as we speak, with Allstate; Aflac; Chubb and several other insurance companies. Oh yeah, R.J. Reynolds (tobacco); ChoicePoint (credit reporting), et.al. Why do you think, would any insurance company invest heavily in tobacco and credit reporting companies, if not for (1) higher health and life insurance rates, and (2) higher auto and fire insurance rates due to poor credit histories? Mark, you must be in SF management. (This is my opinion, I could be wrong).
Oh yeah, speaking of investments, check the S.E.C. (Security and Exchange Commission) website and download the financial filings of the SF \”upper-crust\”. You\’ll find millions of shares valued in billions of dollars, ….with Vulcan Materials, Caterpillar, et.al.
State Farm committed perjury to the IRS in order to claim their agents as independent contractors. As one example State Farm told the IRS \”agents attend meetings at their option\” and \”there are no penalties for not attending meetings\”. There are two documents, signed under penalty of perjury, by State Farm and sent to the IRS in 1991 and again in 2000. State Farm terminated 4 agents in 1999 for the specific reason of not attending a \”mandatory meeting\”. I have the documentaton and it has been produced in our court case which is now before the California Supreme Court (Case#S131445). I also have documents to and from State Farm (in 1998) stating they do have mandatory meetings and the State Farm Vice President who signed under penalty of perjury was copied on these letters. Did State Farm committ perjury Absolutely! What effect does this perjury have on anyone else? By lying to the IRS State Farm avoids state and federal payroll taxes on approximately $3 Billion of annual payroll and this has been going on since 1998 ($24 Billion and counting).
Is this the Best you can Do ? Perjury about wether or not agents attend meetings or not ?
Wow, I think this is Bunk !
Lets set the facts straight. Agents at State Farm have been considered Independent Contractors for Accounting purposes. The Agents then account for the income and PAY THE TAXES accordingly.
Wether the Tax is paid by State Farm or by an agent for State Farm whats the beef ? As long as State Farm is abiding to the accounting principles set forth in GAAP why is it any of Rich P\’s business.
Get a LIFE.
The IRS is ok with the situation, no Blood, no Foul.
Rich, it is time to Move on, get a real problem to complain about.
Unless Rich P is an Lawyer involved in the case or an IRS official, He was not affected by the determination MADE BY THE IRS upholding the IC status of their Agency Force.
No, More likely, he is like the person who lives on your street who complains about everyone else over bullschitt and then gossips like a school girl behind their backs. The IC Status in this case does not touch anyone personally, even Rich.
Roger and \”Rocket Man\” you really shouldn\’t make statements about something you can\’t verify. Roger for example the IC (Independent Contractor) determination was made in 2000 by a filing made by me. State Farm was answering to the IRS in regard to an SS-8 I had filed and they lied, under penalty of perjury. So please re-read your last statements and you will see you really don\’t know what you are talking about. As to \”Rocket Man\” I can see you are no rocket scientist.
State Farm doesn\’t have to follow GAAP as closely because they\’re not a public company. And there are lots of insurance accounting methods that aren\’t even addressed in GAAP.
I think they\’re up to no good. They don\’t pay liability claims anymore, they don\’t pay for the appraisal process, what\’s going on with them? This is Allstate behavior, but Allstate is the one coming out shining in all this.
I am not surprised you were bested by the State Farm, it looks like you LOST your case.
Well Legal Beagle, I am surprised that you gave away your interest in this case.
Most people really think that people in the legal professions are lower than low, the scum of the earth, downright pathetic. I am happy that you have affirmed this popular notion.
Thanks for clearing this up, you LOOSER !
Why don\’t you go chase ambulances or something ? Cant you sue the tobacco industry again ? How do you look at your self in the mirror, oh, I forgot vampires cannot see their reflection………….
Roger I can see you are someone who jumps to conclusions without the facts. Please read any of my replys and tell me where I stated I was an attorney. Also if you can read you will see in one of my replys that I stated my case was at the Calif. Supreme Court Case #S131445. Most people would understand this means the case is very active and has merit as about 2% of all cases presented to the Supreme Court are accepted. In our original jury trial the jury awarded me, and the other agent, (yes I am an agent/broker) $12,600,000 which included punitive damage. I can tell you State Farm got caught lying and the jury knew it. Oh and by the way if you are going to call someone a loser you should at least spell it correctly!
I am a freelance journalist, based in New York, investigating State Farm\’s alleged wrongdoings. I am interested in speaking with current or former SF agents, or other SF personnel, who have personal experiences with wrongful termination, SF’s inappropriate use of independent contractor status, or other potentially unethical corporate practices.
If you are willing to speak, either on the record or off, please contact me at fredamoon@gmail.com
I submitted my resignation to be effective 4/1/08 because I felt State Farm is trespassing the Independent Contractor agreement by minding too much of my supposed business. The force the State Farm culture and if not accepted, make it impossible for an agent to continue. Countless luncheons, drinks, etc which do not seem like my business but all theirs. I submitted my resignation before reading about Rich Pyorre’s case but well understood that I if I invested many years to this “business” I would walk out with nothing to call my own.
Come On Folks, This is starting to sound like a meeting of the \”Also Rans\” just complaining about the True Leaders out there fighting for whats right.
I am for all of the Investigation and Oversight available under the Law, but as long as it is not run by Greeseball Attorneys.
Let\’s Look at the Facts: State Farm is taken to court about 22 times every day. They settle over 10,000 claims every day. 22 problem claims out of 10,000 does not sound bad. Not to mention, how many of those 22 are motivated by greed and sleeze.
Rich P and the other pack of Loosers, go find something usefull to add to the conversation, not just that State Farm should be investigated, they are investigated more than any other company out there, just based upon litigation alone.
Go for it, This \”Investigation\” will just make them more refined, adept and capible in navigating the legal snake pit that is our system.
Like it or not State Farm is the IBM/Microsoft/Proctor&Gamble of our industry. I wish the other players out there could just Match them, nah, lets just complain like the ***** children that we are Rich P ? This is easer than putting up the Goods and trying to Best this Giant. It\’s time for people to Put UP or Shut Up.
Ok, its your turn to Cry again, I am ready for the Post, so just Post away, I\’ll get your Rattle and Blankie ready,
You all make me sick, Crybabies.
Roger,
Do you like to keep your head in the sand? No doubt it feels good, just as long as State Farm keeps feeding you your semi-monthly dose of greenbacks.
Roger, what would you say about a company that regularly makes multi-million dollar real estate investments, then depreciates them to zero over a few years, then removes them from the books without ever reporting any evidence of a sale or other recovery of the original investment?
What happened to that real estate? Did it just evaporate into thin air, like the millions of dollars State Farm invested in it?
Well, THAT is what State Farm started doing the year that your good buddy Eddie Jr. took over the company in 1985.
Where do you think all those millions of dollars from the Life Compamy went?
Of course, you as an agent have been pressured to sell Life and financial products all during that time so they could justify the \”bonuses\” that they snuck out of the company into \”somebody\’s pockets. And you were required to waste your valuable sales hours selling products that paid nearly no renewal commissions instead of spending that time selling casualty products that would pay you a full commission every year. So, Roger good buddy, next time while you are kissing Eddie\’s you-know-what, think about all the commissions you could have made doing what is most profitable for you. And tell Eddie how happy you are that he and his buddies grabbed millions of bucks at your expense.
If you don\’t believe any of this, get yourself copies of the Supplemental Investment reports from the Life Company starting in 1985.
RP-
How exactly did State Farm commit perjury?
Is the information publically available?
It\’s time for the government to investigate State Farm. The management of this company will lie to get what it wants and once again a jury reviewing the evidence has come to the same conclusion as many other juries: \”State Farm acted in bad faith\”. This is not an isolated incident and it has been happening time after time. State Farm has committed perjury to the IRS and I have the documentation to prove my statement. It is not suprising the jury came to the verdict they did.
Man, talk about a sleazeball. You think so little of State Farms products and continue to sell them? Aren\’t you ashamed of yourself?
I concur. The Federal Government must investigate. Can you say \”Enron\”?
I agree. As an adjuster, I would rather eat beans and government cheese than work for State Farm. I stay in this career because my employer dealt with the wind/water issue fairly. From the start, we paid what we could under wind, even if the home was washed away. If a structure was standing, had some roof damage with a stain on the ceiling, we bought the affected rooms contents. Sometimes even I thought we were giving away the farm. Because of our claim philosophy, I actually felt like I was making a difference after Katrina. Helping folks after such devestation, providing my insureds with a shoulder and an ear, was very gratifying. Companies such as State Farm, give the fair and compassionate adjusters a bad name.
What do you mean, can you say Enron? What a moron. State Farm is a mutual company, so they don\’t have stockholders and are basicly owned by the policyholders. What company executive is getting rich by not paying claims? NONE!!!
Are you realy a sf agent, or do you just play one on the internet?
Mark, check the National Association of Insurance Commissioners website, Consumer Section, Insurance Company of your choice (SF). The website will show information that mirrors Enron. I am SF agt over 28 years. Mark, I don\’t know your occupation or affiliation, don\’t care. I know what I know.
As a State Farm Agent you must be aware that two former Enron Board Members were also board members of State Farm and then they suddenly vanished from the State Farm board. As a State Farm Agent you might not be aware of the many \”Jack Companies\” that are limited partnerships as part of Amberjack. State Farm has lied to the press about the number of \”Jack Companies\” before, this was in a press conference in Washington DC in 1999. I think if you are going to jump to the defense of State Farm you had better know all the facts. Does it not concern you that State Farm has committed perjury?
It is I, your SF agent friend in Texas.
I have been providing caveats galore to the public. Believe me, I do not defend SF.
Believe me, I am aware. We need to inform the public.
\”What company executive is getting rich by not paying claims? NONE!!!\”
Actually many mutual insurance companies get rich by not paying claims, without stock holders many \”mutual\” company executives are free to run amok with their own compensation with nobody to look over their shoulder.
I\’d love to be a mutual insurance company executive, they\’re the least accountable people on the planet (sans government workers).
Stockholders keep the executives honest.
Foks are missing the big picture. The larger insurers set up the scheme that fell apart with Katrina. They sold homeowners insurance that protected them but of course the insurance sold did not protect them from the hazard they needed the protection from, storm surger. Insurance companies and the Fed\’s have worked up the flood program not as a protection program for the middle class but as a protection program for insurers so they can avoid providing coverage for that peril and for rich people with expensive homes on barrier islands..
The whole thing does not meet the \”justice\” test and justice will find a way. These companies will lose their lawsuits and will be in desparate shape. They will stall on these claims begging for time. They will seek Federal legislation and when they get it, they will ask for a bailout (see airlines).
Mr. Pyorre,
As a SF agent, I admire you. We have never met, maybe someday we shall. However, you and I communicate with each other, via other means, on a regular basis. As far as the other individuals responding to these notices, \”Walk a mile OR TWO, in our [State Farm insurance agent] shoes\”. One further note, the insurance industry is pushing for a new national catastrophe insurance policy for the nation. This means HIGHER costs and REDUCED coverages. But wait one minute, isn\’t that now happening in Mississippi, Louisiana, Florida and Texas? The new planned insurance policy will be a federally subsidized policy, and you can\’t sue the fed. Can you say FEMA? CAVEAT EMPTOR
\”Mark my words\”, Mark,…SF management invests more money, in my opinion based on research, in companies like, Archer Daniels Midland; Vulcan Materials; Caterpillar; The Soy Company, et.al. Why? They sit on the respective boards of these companies. Further, huge investments are made, as we speak, with Allstate; Aflac; Chubb and several other insurance companies. Oh yeah, R.J. Reynolds (tobacco); ChoicePoint (credit reporting), et.al. Why do you think, would any insurance company invest heavily in tobacco and credit reporting companies, if not for (1) higher health and life insurance rates, and (2) higher auto and fire insurance rates due to poor credit histories? Mark, you must be in SF management. (This is my opinion, I could be wrong).
Oh yeah, speaking of investments, check the S.E.C. (Security and Exchange Commission) website and download the financial filings of the SF \”upper-crust\”. You\’ll find millions of shares valued in billions of dollars, ….with Vulcan Materials, Caterpillar, et.al.
Do interests lie with SF?
Yes,
And where did SF management get the money to make billions of dollars in personal investments?
State Farm committed perjury to the IRS in order to claim their agents as independent contractors. As one example State Farm told the IRS \”agents attend meetings at their option\” and \”there are no penalties for not attending meetings\”. There are two documents, signed under penalty of perjury, by State Farm and sent to the IRS in 1991 and again in 2000. State Farm terminated 4 agents in 1999 for the specific reason of not attending a \”mandatory meeting\”. I have the documentaton and it has been produced in our court case which is now before the California Supreme Court (Case#S131445). I also have documents to and from State Farm (in 1998) stating they do have mandatory meetings and the State Farm Vice President who signed under penalty of perjury was copied on these letters. Did State Farm committ perjury Absolutely! What effect does this perjury have on anyone else? By lying to the IRS State Farm avoids state and federal payroll taxes on approximately $3 Billion of annual payroll and this has been going on since 1998 ($24 Billion and counting).
That is VERY interesting insight R. Pyoree.
No doubt they are concerned about the original documentation you, or others, have to support your case.
Where you ever affected by their \’independent contractor is only independent when we say so\’ State Farm law, and accounting, logic?
Rich,
Is this the Best you can Do ? Perjury about wether or not agents attend meetings or not ?
Wow, I think this is Bunk !
Lets set the facts straight. Agents at State Farm have been considered Independent Contractors for Accounting purposes. The Agents then account for the income and PAY THE TAXES accordingly.
Wether the Tax is paid by State Farm or by an agent for State Farm whats the beef ? As long as State Farm is abiding to the accounting principles set forth in GAAP why is it any of Rich P\’s business.
Get a LIFE.
The IRS is ok with the situation, no Blood, no Foul.
Rich, it is time to Move on, get a real problem to complain about.
CH,
Unless Rich P is an Lawyer involved in the case or an IRS official, He was not affected by the determination MADE BY THE IRS upholding the IC status of their Agency Force.
No, More likely, he is like the person who lives on your street who complains about everyone else over bullschitt and then gossips like a school girl behind their backs. The IC Status in this case does not touch anyone personally, even Rich.
Roger and \”Rocket Man\” you really shouldn\’t make statements about something you can\’t verify. Roger for example the IC (Independent Contractor) determination was made in 2000 by a filing made by me. State Farm was answering to the IRS in regard to an SS-8 I had filed and they lied, under penalty of perjury. So please re-read your last statements and you will see you really don\’t know what you are talking about. As to \”Rocket Man\” I can see you are no rocket scientist.
State Farm doesn\’t have to follow GAAP as closely because they\’re not a public company. And there are lots of insurance accounting methods that aren\’t even addressed in GAAP.
I think they\’re up to no good. They don\’t pay liability claims anymore, they don\’t pay for the appraisal process, what\’s going on with them? This is Allstate behavior, but Allstate is the one coming out shining in all this.
Rich,
I am not surprised that your an Attorney.
I am not surprised your angry with State Farm.
I am not surprised you were bested by the State Farm, it looks like you LOST your case.
Well Legal Beagle, I am surprised that you gave away your interest in this case.
Most people really think that people in the legal professions are lower than low, the scum of the earth, downright pathetic. I am happy that you have affirmed this popular notion.
Thanks for clearing this up, you LOOSER !
Why don\’t you go chase ambulances or something ? Cant you sue the tobacco industry again ? How do you look at your self in the mirror, oh, I forgot vampires cannot see their reflection………….
Roger I can see you are someone who jumps to conclusions without the facts. Please read any of my replys and tell me where I stated I was an attorney. Also if you can read you will see in one of my replys that I stated my case was at the Calif. Supreme Court Case #S131445. Most people would understand this means the case is very active and has merit as about 2% of all cases presented to the Supreme Court are accepted. In our original jury trial the jury awarded me, and the other agent, (yes I am an agent/broker) $12,600,000 which included punitive damage. I can tell you State Farm got caught lying and the jury knew it. Oh and by the way if you are going to call someone a loser you should at least spell it correctly!
Rich P,
I like to be somewhat well informed, so I looked your name up on the web and found these two articles from 1999…
\”STATE FARM AGENTS REVOLT AGAINST INSURANCE GIANT\”
http://www.glasslinks.com/newsinfo/sfcare.htm
\”State Farm Responds to \’SF Agents Who Care\’ Allegations\”
http://www.glasslinks.com/newsinfo/sfrespond.htm
I didn\’t find anything at the \”www.SFAgentsWhoCare.org\” website.
Looks like a lot of pissed off agents with an axe to grind, too me.
State Farm has always dealt fairly with me… but what would I know?
Rich-
Thank you for standing up for yourself, and by extension, all here, whether ones\’ understand the issue, appreciate your efforts, or not.
Disclosing bad corporate behaviour, and the people behind those dynamics, takes strength of character.
Is your case available as public record?
*
*
*
http://www.femainfo.us/legal_actions_fraud_suit.shtml
I am a freelance journalist, based in New York, investigating State Farm\’s alleged wrongdoings. I am interested in speaking with current or former SF agents, or other SF personnel, who have personal experiences with wrongful termination, SF’s inappropriate use of independent contractor status, or other potentially unethical corporate practices.
If you are willing to speak, either on the record or off, please contact me at fredamoon@gmail.com
Thanks,
F. Moon
I submitted my resignation to be effective 4/1/08 because I felt State Farm is trespassing the Independent Contractor agreement by minding too much of my supposed business. The force the State Farm culture and if not accepted, make it impossible for an agent to continue. Countless luncheons, drinks, etc which do not seem like my business but all theirs. I submitted my resignation before reading about Rich Pyorre’s case but well understood that I if I invested many years to this “business” I would walk out with nothing to call my own.
Sincerely,
Myrna