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And just this morning - “Allstate Officially Closing Down Esurance” 🤯

@rickel If driver record is clear, I have Liberty Mutual and Progressive still running. Haven’t seen any non-renewals from Mercury though, it’s my understanding they’re flipping back to growth mode in CA.

@acharan12 That’s always possible too. I’ve found as a prior claims adjuster, broker, and victim of an at fault accident, that this route doesn’t seem to be too effective.

@marytx0 I’m sure you’ve seen by now what Geico did here. We just had a marketing rep in our office telling us they’re just short of dropping CA also, but to try and slow the bleeding they’ll be forcing every new policy to commit to a gigantic amount of annual miles (one of the few rating...

@lostariel Wooooo that was conveniently left out. They were definitely blindsided by the 50% new biz payment requirement back in July, but this new three part announcement hit them all hard on the agency side.

@elizar123 I won’t share, but a friend and current employee sent me the internal bulletin they received today. There is NO mention of that new product, it strictly mentioned the follow up to their meeting yesterday. This was solely focused on profitability issues. I will mention (since this...

@hakeem_alyazeedi Absolutely unethical in my opinion. But if the general public has no concept of the motor vehicle code, and they don’t realize the claims adjuster on the other line just got out of training and is reading from a script, then there’s enough of chance they’ll say “welllll I...

@digitalinchrist Concurrent Causation - gosh I remember those days on claims too lol. But you’re absolutely right they stopped homeowners for quite awhile so it’s nothing new. I can’t imagine they want to lose auto completely, but with such a high combined loss ratio something has to give...

@kingspal1 I think that’s exactly what’s gonna happen. Everyone has multiple 6.9% requests sitting on a desk waiting for that mysterious timing the day after the election. I think all of us are concerned with multiple rate approvals firing off back to back, getting them the 20-30% they need...

@kingspal1 I was shocked to see confirmation that they had a rate filing approved, it’s the first we’ve heard and it hits late December.

@juliand Sir we’re holding you 60% at fault for not avoiding the accident by crossing into oncoming traffic and going head on into another car. Attorney: see you in arbitration Them after arbitration: we have updated our liability decision to accept 100% fault 🤦🏽‍♂️ I know deep in their data...

@juliand If you know you know, and you obviously know lol. They definitely picked the wrong one when they tried it with me.

@supernovak In a left hand turn situation, the driver has a “duty” to only proceed with a turn when safe. If you were an oncoming car, the logic would still apply, and they’d be 100% at fault regardless if hitting them in their front corner, side, or rear portion. I have a really good feeling...

@trmof It just means the new buyers are going to have one less company to choose from. Still plenty of carriers out there, but one by one they’re all tightening restrictions. Mercury just announced TODAY they’re implementing a 15 day underwriting “review” period on Home Insurance too, and...

@trmof The article explains it’s ALL of California effective midnight tonight. The specific zip code moratorium was just a temporary fix a few months ago, now it appears they’ve pulled the entire state.

@nadine777 This is a cut and paste directly from PandCspecialist.com

@lesterlom We heard their non-standard auto was shutting down soon but so far they’re still writing. They’re too 3, and they’ve gotta be bleeding badly too

@cammi2018 Got some insider info last night outta nowhere. Effective immediately (but still quiet and not public YET), State Farm no longer writing ANY non good-driver or youthful operator).

@cammi2018 THIS! That good publicity can’t be sustainable when a wildfire comes through.

@kimv Just saw it announced today, $4.57 BILLION loss in Q3 alone, the largest quarterly loss they’ve had in over 20 years. If they don’t make a massive move pretty quickly, I can’t imagine their agents will be greeted with a pleasant “change” in the near future.