Farmers Insurance is cutting approximately 11% of its workforce, about 2,400 employees across "all lines of business," the company said in a Monday press release. The company's decision is ...

California-based Farmers Insurance said Monday it is laying off 11% of its workforce — or 2,400 employees — in a bid to restructure itself for long-term growth. The jobs being cut are from ...

Corrections & Clarifications: An earlier version of this story misstated the relationship between Farmers Insurance and its California customers. Another property insurer is dropping coverage in ...

Farmers Insurance has revealed it will shed numerous employees through layoffs. Under the move announced Monday by the insurance provider, roughly 2,400 Farmers Insurance workers will see their ...

Penny Gusner is a senior insurance writer and analyst at Forbes Advisor. For more than 20 years, she has been helping consumers learn how insurance laws, data, trends, and coverages affect them.

Farmers Insurance plans to increase the number of homeowners insurance policies it will write and begin offering coverage again for new customers in other types of dwellings, citing improvements ...

"Farmers is making a move not just in Oklahoma, but nationally to try to reduce their risk specific to wildfire," Oklahoma Insurance Commissioner Glen Mulready said in a statement to local station ...