Calabasas, Calif.-based Amwest Insurance Group Inc. announced it will reduce its workforce from 347 to about 255 and close branches as part of a strategic business reorganization plan. Under this plan, the company’s operations will be restructured in line with its renewed focus on smaller, more specialized surety accounts.
While Amwest has historically operated through 29 branches nationwide, its business will henceforth be concentrated in four states California, Illinois, Texas and New York.
Was this article valuable?
Here are more articles you may enjoy.
AXA XL Launches Insurance Company, AXA XL E&S 
Takeaways From AP Analysis on the Flaws in National Flood Insurance 
Cornell Backs Probe Into Fraternity Sexual Assault Allegations 
Lawsuits Allege Six Flags Roller Coaster Caused Traumatic Brain Injuries From This Issue
