A Des Moines-based insurance company has announced it will eliminate 60 jobs as part of the company’s business plan.
Officials with American Enterprise Group Inc. said that 51 of the layoffs will come from Des Moines and nine will come from Omaha, Neb. One-third of the layoffs will come from the company’s insurance sales division.
Spokeswoman Mary Durand says the layoffs are not tied to plans to merge with West Des Moines-based Homesteaders Life Co. She says the merger would not result in layoffs because the two companies would not integrate operations.
American Enterprise has about 950 employees, including about 550 in Des Moines.
Topics Carriers
Was this article valuable?
Here are more articles you may enjoy.
Trucking App Trucker Path Launches Retail Insurance Agency 
Suspects in Louvre Heist in Custody After Week-Long Manhunt 
Catastrophe Bond Investors Told to Brace for Jamaica Payout 
Alaska Airlines Vows IT Upgrades After Outage Forces 400 Flight Cancellations 
