Sentry Insurance, based in Stevens Point, Wis., says it’s cutting 27 office jobs in central Wisconsin and 144 home-based agents across 10 states as it restructures its strategy for selling personal line policies. Those policies are generally home and auto coverage.
The Stevens Point company says it’s creating a new independent agency, Point Insurance, which will serve policyholders in central Wisconsin and offer Sentry products as well as those of other companies.
The Stevens Point Journal says Sentry will continue to distribute products through more than 20,000 independent agencies throughout the U.S. The company has 4,300 employees and serves more than 1 million policyholders.
Copyright 2024 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Was this article valuable?
Here are more articles you may enjoy.
AIG Sues Newly Launched Dellwood Insurance and Its Founders 
Undercover St. Louis Officer Beaten by Colleagues Awarded $23.5M 
Progressive Records Five-Fold Increase in Q1 Net Income 
USAA to Lay Off 220 Employees 
