Time Insurance to close and layoff 1,200 in Milwaukee
Posted: Jun 18, 2015 7:10 PM CDT
Assurant's subsidiary Time Insurance Company will be closing and laying off 1,200 employees in its Milwaukee facility on August 14.
It is anticipated a total of 1,700 employees will eliminated from the company nationwide.
It is estimated that a roll-down process will take 18 months.