The company said the change in structure is intended "to create a more efficient organization" and comes after "a thorough evaluation of the company and reduction of operational expenses across Farmers." Credit: Ken Wolter/Shutterstock.com
As part of an effort to streamline its operations and better position the company for future growth and profitability, Farmers Insurance has announced that it will be releasing approximately 2,400 employees, or about 11% of its workforce, across all lines of business.
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Patricia L. Harman
Patricia L. Harman is the editor-in-chief of Claims magazine, a contributing editor to PropertyCasualty360.com, and chairs the annual America's Claims Event (ACE), which focuses on providing claims professionals with cutting-edge education and networking opportunities. She covers auto, property & casualty, workers' compensation, fraud, risk and cybersecurity, and is a frequent speaker at insurance industry events. Contact her at [email protected]
