Crum & Forster reviews

The company likes to promote the fact that they have been around since the mid 1800's.That's hard to believe when you consider how little success they have had in recent years. You would think after 150 years they could finally figure out how to run an insurance company and make money, but they can't . Compare them to ACE and other companies that have been around for less than 30 years and see who has the larger surplus, better rating and better reputation in the industry. Constantly re-engineering themselves with a new CEO. Prior to the actuary they now have running it, the last management group could best be described as coming from Superman's Bizarro world. Results have been well below industry standards and a lot of speculation is that Prem Watsa (Fairfax Chairman) keeps them around to counter balance the successof their sister company in the US Odyssey Re, to keep their tax rate down. No real bonuses for years but now they are going to do a multi - million dollar building renovation at their HQ! That makes a lot of sense and the employees are overjoyed .

Cannot carry over PTO to next year. Use it or loose it