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.
IMA Latest to Sue Howden Over Alleged Employee Poaching 
Intersecting Risks and the Future of Construction Insurance 
Florida’s Unemployment Rate Is Surging Even as High-Profile Companies Move In 
Virginia’s New Gun Laws Challenged by Some Local Prosecutors and Lawsuits 
