- Friendly Bob Adams - Tuesday, Aug 26, 25 @ 8:25 am:
It’s sunny and very cool this morning in beautiful DuPage County. Seems like the calendar fast forwarded a month, but still most welcome after the weeks of overly warm temps. Took a walk early and was thinking yes, life is good.
Fall like. Corn is losing all greem color. My St. Farm umbrella liability policy just went up 139%. Got a two month warning letter.Agent said its not an error. Legal costs. Homeowners was hail cost. Auto was parts cost lol.
- Grandson of Man - Tuesday, Aug 26, 25 @ 10:33 am:
If the Sox can bottle up and serve their last three games next year, outscoring opponents 22-3. That’s some great baseball.
This State Farm business. Would it be safe to say that State Farm has performed very poorly if they have not managed their income and expeditures sufficiently over time, such that all of a sudden there is a 25-139% increase in pricing in one year?
I simply refuse to believe that climate change has all of a sudden cause an immediate knee jerk reaction. Climate change has been occurring for over a decade, but their pricing practices are not parallel with climate change. It seems an intentional, “lets just gouge the crap out of everyone this year, and see what happens. We can blame it on loses last year.”
Fiscal mismanagement seems equally responsible for out of control price increases.
I mean, imagine if this year, there are no hurricanes and tornados and hail storms; or just the previous amount. Is State Farm going to blame it on tariffs next?
Mismanagement explains a lot of this. Profit gouging explains some too. The AG needs to seriously investigate.
I do. Indeed, i can remember receiving repayments in the past for their charging more than they required.
The idea that they do not have traditional shareholders in theory, does not mean that they do not gouge customers in order to pay excessive salaries. Profit gouging comes in a lot of forms, but the foundation is overcharging customers in order to enrich themselves. If they have lost so much money, perhaps it is time to fire the lot, and hire a few college students to manage the corporate offices. Obviously the incumbents are incompetent. And the customers are suffering as a result.
- JoanP - Tuesday, Aug 26, 25 @ 8:18 am:
It’s practically fall here.
- Friendly Bob Adams - Tuesday, Aug 26, 25 @ 8:25 am:
It’s sunny and very cool this morning in beautiful DuPage County. Seems like the calendar fast forwarded a month, but still most welcome after the weeks of overly warm temps. Took a walk early and was thinking yes, life is good.
- Anotheretiree - Tuesday, Aug 26, 25 @ 9:10 am:
Fall like. Corn is losing all greem color. My St. Farm umbrella liability policy just went up 139%. Got a two month warning letter.Agent said its not an error. Legal costs. Homeowners was hail cost. Auto was parts cost lol.
- Grandson of Man - Tuesday, Aug 26, 25 @ 10:33 am:
If the Sox can bottle up and serve their last three games next year, outscoring opponents 22-3. That’s some great baseball.
- TJ - Tuesday, Aug 26, 25 @ 10:37 am:
Been enjoying the cool weather in McLean County. Hopefully we get a nice, long, and comfy fall this year.
- H-W - Tuesday, Aug 26, 25 @ 10:45 am:
This State Farm business. Would it be safe to say that State Farm has performed very poorly if they have not managed their income and expeditures sufficiently over time, such that all of a sudden there is a 25-139% increase in pricing in one year?
I simply refuse to believe that climate change has all of a sudden cause an immediate knee jerk reaction. Climate change has been occurring for over a decade, but their pricing practices are not parallel with climate change. It seems an intentional, “lets just gouge the crap out of everyone this year, and see what happens. We can blame it on loses last year.”
Fiscal mismanagement seems equally responsible for out of control price increases.
I mean, imagine if this year, there are no hurricanes and tornados and hail storms; or just the previous amount. Is State Farm going to blame it on tariffs next?
Mismanagement explains a lot of this. Profit gouging explains some too. The AG needs to seriously investigate.
- Ms. KJP - Tuesday, Aug 26, 25 @ 3:38 pm:
“Profit gouging explains some too…” - You do realize that State Farm is a mutual company? They don’t have shareholders.
- H-W - Tuesday, Aug 26, 25 @ 4:13 pm:
@ Ms. KJP
I do. Indeed, i can remember receiving repayments in the past for their charging more than they required.
The idea that they do not have traditional shareholders in theory, does not mean that they do not gouge customers in order to pay excessive salaries. Profit gouging comes in a lot of forms, but the foundation is overcharging customers in order to enrich themselves. If they have lost so much money, perhaps it is time to fire the lot, and hire a few college students to manage the corporate offices. Obviously the incumbents are incompetent. And the customers are suffering as a result.