The three largest insurance brokers each announced or closed multi-billion-dollar acquisitions in 2024. The topic was one of many in...
insurance layoffs News
Direct Line Insurance Group Plc, the UK insurer that rejected a takeover attempt by Belgian rival Ageas SA earlier this...
Farmers Group is laying off more employees one year after it cut ties with 11% of its workforce or 2,400...
Fourteen percent of insurance companies plan to reduce employee headcounts in the next year, according to numbers from Aon and...
Insurer Nationwide said late last week that it is reducing its headcount by about 5% over the next year. “We...
USAA is laying off 220 employees in an effort to reprioritize positions amid changing business needs, the San Antonio-based insurer...
Liberty Mutual has confirmed it is eliminating about 250 positions, or 0.5% of its global workforce, as it continues implementing...
U.S. property/casualty insurance carriers led layoffs in the insurance industry last year, according to S&P Global Market Intelligence analysis. Nearly...
Auto insurers again in 2023 had a lot of trouble battling several headwinds preventing them from turning a profit. The...
AM Best does not believe artificial intelligence is the main cause of recent insurance industry layoffs. In commentary released today,...