Tower Group to Cut 140 Jobs After Q2 Loss Due to Reserve Charges

By | November 25, 2013

  • November 26, 2013 at 8:52 am
    CB Underwriter says:
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    So what’s the real story here?

  • November 26, 2013 at 10:09 am
    CPCU Man says:
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    Translation, if you like your job, you can keep your job…period

  • November 26, 2013 at 2:35 pm
    reality bites says:
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    Didn’t Tower recently have a hiring initiative going on?

  • November 26, 2013 at 2:44 pm
    M. Prankster says:
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    140 souls looking for commercial lines work in this economy – what a terrible shame.

  • November 26, 2013 at 3:09 pm
    Scott says:
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    Here we are in late November, and they’re only talking about 2Q results?? Makes you really wonder what their 3Q and 4Q (<-careful)will look like!

  • November 27, 2013 at 11:25 am
    Risk Taker says:
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    Never ceases to amaze me how high level executives screw up and are guilty of malfeasance but somehow slither back under the rock they came from and leave the people who do the work and take their orders to cause a mess like this to get fired.
    They have no problem flushing hard working people down the toilet in this economy and at the holiday season to save their own lousy necks.
    May they rot…

    • December 2, 2013 at 2:07 pm
      Libby says:
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      Amen to that. If were among the 90% left, I’d be looking elsewhere pronto!

  • December 2, 2013 at 10:28 am
    Ed says:
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    why can’t they just operate like the NFIP and hope the annual premiums will cover the losses, and nobody loses their job?

  • December 21, 2013 at 2:36 pm
    Lou says:
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    When it comes to employees, keep your best and ditch the rest.



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