Pekin Insurance to cut staff.

BANKING AND CREDIT NEWS-October 26, 2023--Pekin Insurance to cut staff

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Global Banking News - 26 October 2023

US-based insurer Pekin Insurance has cut staff following the adoption of an accelerated strategic plan.

The firm has cut some full-time positions and is to refocus the duties of several employees.

Rising inflation and erratic weather are said to have prompted the firm's action. The company has also announced plans to reduce home...

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