Wasatch Crest Group Inc., Utah’s second largest workers’ compensation insurer, recently announced the layoff of 41 employees, representing one-third of its workforce. According to Wasatch, the layoffs are due to a planned outsourcing of health policy administration and claim functions at the company.
Wasatch Crest Group consists of six entities including: Wasatch Crest Insurance Co.; Wasatch Crest Casualty Insurance Co.; First Continental Life & Accident Insurance Co.; Wasatch Crest Mutual Insurance Co.; Electric Mutual Benefit Association; and LWP Claims Administrators Corp.
Was this article valuable?
Here are more articles you may enjoy.
FEMA Chief Resigns After Six Months, Criticism Over Floods 
PwC: Insurance Execs Say Agentic AI Leading Industry Transformation 
Lloyd’s Probing Conduct of Ex-CEO Who Had Been Set to Join AIG 
‘Clear Soft Market Conditions’ for Commercial P/C Lines in Q3, Says CIAB 
