Lloyd’s of London has issued a guide to the inclusion of trans and non-binary people as part of a cultural overhaul at the insurance market after a damaging sexual harassment scandal. The 29-page document, published on the Lloyd’s website, offers advice and resources to people working in insurance about how to foster a “stable emotional… Continue reading Lloyd’s of London Issues Trans and Non-Binary Inclusion Guide
Tag: sexual harassment
Video Game Maker to Pay $10 Million in Gender Bias Case
The maker of popular video game League of Legends has agreed to pay $10 million to female employees to settle a broad gender discrimination case. Court documents show that Los Angeles-based Riot Games will pay about 1,000 current and former female employees who worked at the company in the last five years. The lawsuit claimed… Continue reading Video Game Maker to Pay $10 Million in Gender Bias Case
Steve Wynn Pays $20 Million Toward Settlement of Shareholder Suits Against Company
Casino mogul Steve Wynn agreed to pay $20 million toward a settlement of shareholder lawsuits that claimed Wynn Resorts Ltd.’s board had been complicit in his alleged sexual misconduct. The former chief executive officer stepped down from the company in February 2018 and sold his shares after he was accused by multiple employees of forcing… Continue reading Steve Wynn Pays $20 Million Toward Settlement of Shareholder Suits Against Company
Lloyd’s Campaign Urges Market to Speak Up Against Unacceptable Behavior
Today Lloyd’s launched a campaign to encourage more people to speak up against unacceptable behavior as part of a programme of measures put in place to address the findings of Lloyd’s Annual Cultural Survey (published 24 September 2019) and accelerate progress towards a culture of integrity, respect and inclusion across the Lloyd’s market. The campaign… Continue reading Lloyd’s Campaign Urges Market to Speak Up Against Unacceptable Behavior
McDonald’s CEO Had to Go in Era of Zero Tolerance Policy
McDonald’s Corp. has been working hard to fend off accusations it overlooks workplace harassment and abuse. So when it came to light that its chief executive officer was in a relationship with a colleague, the board had little room to maneuver: Steve Easterbrook had to go. The world’s biggest restaurant chain announced Sunday it replaced… Continue reading McDonald’s CEO Had to Go in Era of Zero Tolerance Policy
Sexual Harassment Training Now Required for 20% of U.S. Workers
Two years into the #MeToo movement, an unprecedented number of American workers are required to receive mandatory sexual harassment training, the result of a handful of new state regulations aimed at creating safer workplaces. Now one in five workers in the U.S. lives in a state that requires employers to offer sexual harassment training, up… Continue reading Sexual Harassment Training Now Required for 20% of U.S. Workers
Lloyd’s Announces Signature Actions to Drive Cultural Change
Lloyd’s today announced a series of signature actions designed to make the Lloyd’s market a place where everyone can feel safe, valued and respected. These actions are Lloyd’s response to the findings* of the largest culture survey ever conducted in the insurance sector. The survey was commissioned by Lloyd’s in the wake of reports of… Continue reading Lloyd’s Announces Signature Actions to Drive Cultural Change
Lloyd’s Expects ‘Sobering’ Culture Assessment
Lloyd’s of London expects “sobering” results from a survey of the workplace culture at its member firms, the insurance market’s chairman said on Wednesday as a rise in investment income drove a four-fold profit rise. In May the 330-year old market asked the Banking Standards Board to survey its 45,000 participants on issues such as… Continue reading Lloyd’s Expects ‘Sobering’ Culture Assessment
Lloyd’s of London Broker Fires Manager Who Sent Harassing Email
A top Lloyd’s of London insurance brokerage, Guy Carpenter & Co., fired a senior vice president for sending a sexually explicit email about a female colleague, one of the first dismissals to come to light since the industry began cracking down on such behavior early this year. The firm also disciplined two other people over… Continue reading Lloyd’s of London Broker Fires Manager Who Sent Harassing Email
Ford Workers Who Sued Over Sexual Harassment Face Setback
A federal judge in Chicago ruled last week that a lawsuit brought by female Ford employees over sexual misconduct at two Chicago plants cannot proceed as a class-action suit. The ruling was a setback for the plaintiffs, who said they had endured groping, vulgarities and sexual violence despite the company’s efforts to change a longstanding… Continue reading Ford Workers Who Sued Over Sexual Harassment Face Setback