Officials at Travelers Insurance confirmed that 90 people will be laid off from their positions with the company in Connecticut.
"Our personal insurance business is serving a changing marketplace, and prudently managing expenses is more critical than ever to remain competitive," said the company in a statement Tuesday. "We are dedicated to being a market leader."
There still be 7,800 employees in Connecticut after the staff reductions, company officials said. Officials added that Travelers is still one of the largest employers in the state.
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