Lloyd’s today announced a robust plan of action to address reports of sexual harassment in the Lloyd’s market and create a safe and inclusive working environment. The plan has been developed in collaboration with and endorsed by Lloyd’s Board and Council, and by the associations representing the Lloyd’s market – Lloyd’s Market Association (LMA), and… Continue reading Lloyd’s Announces Action Plan to Create a Safe and Inclusive Working Environment
Tag: sexual harassment
Lloyd’s of London to Add Women to Governance Committee
Lloyd’s of London plans to appoint women to its all-male nominations and governance committee to improve diversity and will convert the pub beneath its offices into a coffee shop in an attempt to phase out its drinking culture, the Sunday Times reported. Lloyds, which runs the 331-year-old exchange for the worldwide insurance market, is also… Continue reading Lloyd’s of London to Add Women to Governance Committee
Sexual-Harassing Ways Are Thriving at Lloyd’s: Bloomberg Feature
Rising from the heart of London’s financial district along Lime Street is a tower so otherworldly that Marvel Studios cast it as an office building for a highly advanced civilization in the film Guardians of the Galaxy. The building’s guts—air ducts, stainless steel staircases, even power cables—are mostly on the outside, creating the futuristic-looking facade.… Continue reading Sexual-Harassing Ways Are Thriving at Lloyd’s: Bloomberg Feature
MSU No Longer Has Insurance for Sexual Misconduct Liabilities Post-Nassar Scandal
Nine months after Michigan State University agreed to pay a $500 million settlement to the 332 women and girls, who were sexually assaulted by sports doctor Larry Nassar, the Wall Street Journal reports that the school’s new insurance policy “broadly excludes insurer liability for sexual misconduct.” That means that the university will have to use… Continue reading MSU No Longer Has Insurance for Sexual Misconduct Liabilities Post-Nassar Scandal
Wynn Resorts to Pay $20 Million Fine Related to Sexual Misconduct Investigation
Nevada gambling regulators levied their largest fine in the state’s history against Wynn Resorts Ltd. after the Las Vegas company admitted that it systematically ignored employees’ sexual-misconduct allegations against founder and former chief executive Steve Wynn. The Nevada Gaming Commission approved the $20 million fine in a 4-0 vote on Tuesday. The amount is almost… Continue reading Wynn Resorts to Pay $20 Million Fine Related to Sexual Misconduct Investigation
Nevada Regulators to Fine Wynn Resorts over Sex Allegations
Nevada gambling regulators announced a settlement Monday with casino mogul Steve Wynn’s former company over allegations that former executives failed on multiple occasions to investigate claims of sexual misconduct against him. The Nevada Gaming Control Board detailed at least seven allegations of misconduct by Wynn dating to 2005 in which former executives and managers of… Continue reading Nevada Regulators to Fine Wynn Resorts over Sex Allegations
Lawsuit Alleges Google’s Parent Firm Alphabet Lost Billions through Response to Sexual Harassment
Google parent company Alphabet’s board of directors cost the firm billions of dollars by covering up sexual abuse by senior executives and paying them millions as they were quietly ousted, a new lawsuit by a shareholder claims. Shareholder James Martin is suing the Alphabet board and senior executives, including two who allegedly received received huge… Continue reading Lawsuit Alleges Google’s Parent Firm Alphabet Lost Billions through Response to Sexual Harassment
CBS News Settles Harassment Suit from Three Colleagues of Charlie Rose
CBS News settled a lawsuit brought by three women who alleged they were harassed by former on-air personality Charlie Rose and that the network was aware of the situation but declined to act. “The matter has been resolved,” CBS News said in a statement. The amount of the settlement is confidential, and a lawyer for… Continue reading CBS News Settles Harassment Suit from Three Colleagues of Charlie Rose
Google Walkout: Employees Stage Protest Over Handling of Sexual Harassment
Employees at Google offices around the world held a wave of walkouts on Thursday to protest the company’s handling of sexual harassment. The walkouts, which started in Asia and spread across continents, were planned for around 11 a.m. in their time zones. Protests were expected through the day in Google offices in the United States.… Continue reading Google Walkout: Employees Stage Protest Over Handling of Sexual Harassment
Workplace Sexual Harassment Claims Have Spiked in the #MeToo Era
The number of workplace sexual harassment claims filed with the US Equal Employment Opportunity Commission has spiked in the year since the #MeToo movement took off. Sexual harassment charges filed with the agency increased more than 12% in the year ending September 30, according to preliminary figures. The EEOC is in charge of enforcing civil… Continue reading Workplace Sexual Harassment Claims Have Spiked in the #MeToo Era