job cuts News

Massachusetts Health Insurer Lays Off 62 Workers

A Worcester, Mass.-based health insurance provider has announced that it is laying off 62 workers, or about 6 percent of its total workforce. Fallon Community Health Plan President and Chief Executive Patrick Hughes said in a written statement last Thursday …

RBS Insurance Unit Plans Job Cuts

The insurance division of Royal Bank of Scotland says it plans to cut nearly 900 jobs as it prepares for a stock market flotation. The European Commission has set a deadline of 2014 for RBS to dispose of Direct Line …

2,100 Jobs Lost in Insurance Industry in August

The latest U.S. jobs data show the insurance industry lost 2,100 jobs overall in August. The industry employs some 2,211,000 workers according to the latest numbers. The Insurance Information Institute reported that most of the sub-sectors had gained some jobs …

The Hartford Plans Staff Cuts; Sells Subrogation Services Unit Trumbull

The Hartford Financial Services Group said it is expecting to implement a small staff reduction in coming months as part of its ongoing effort to streamline operations. The company didn’t specify exactly how many jobs would be affected, but The …