Insurtech Hippo Holdings Inc. is laying off about 20% of its workforce, roughly 120 employees, at the start of an “organizational realignment,” according to a U.S. Securities and Exchange Commission filing.
Tag: insurance layoffs
Liberty Mutual Reducing Workforce by About 2%
In the latest development regarding rumors surrounding Liberty Mutual, the company is now confirmed to be in the process of reducing its workforce by approximately 2%, which equates to around 850 jobs in the United States.
Pekin Insurance Announces Job Cuts, To Reduce Coverage in Storm-Prone Areas
Pekin Insurance, which offers property and casualty coverage in Illinois and six other states, has eliminated some full-time positions and will refocus duties of many remaining employees as part of what is being called an accelerated strategic plan.
Texas Insurer Germania Lays Off 7% of Workforce
Texas writer Germania Insurance is laying off 7% of employees company-wide as it balances expenses to a planned policy count reduction, according to Chief Financial Officer Trey Hardy.