Willis proposes sex discrimination settlement with $8.5m fund
Willis has announced that the federal court in New York has given preliminary approval to the settlement of a class action suit filed against the company in 2001 that raised issues of gender discrimination in compensation and promotion during the period October 31, 1998 through December 31, 2001 on behalf of employees of Willis of New York, Willis of New Jersey and Willis of Massachusetts. The Company has denied and continues to deny any discrimination.
The settlement was reached in June 2007 and was reflected in the 2nd quarter financials. The proposed consent decree, if approved, will create a fund of approximately $8.5 million that will be
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: http://subscriptions.postonline.co.uk/subscribe
You are currently unable to print this content. Please contact info@postonline.co.uk to find out more.
You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@postonline.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@postonline.co.uk
More on Commercial
RSA still unsure on combined NIG business brand
RSA CEO Ken Norgrove has said the future brand of the combined RSA and NIG business is an open question, in an update to brokers.
Integration and restructuring costs push RSA to 2023 loss
RSA has reported a £19m pre-tax loss for 2023, despite improving on both its 2022 underwriting and investment performance.
Mandy Hunt named as MD of Clear Group MGAs
The Clear Group has appointed former RSA chief underwriting officer Mandy Hunt as managing director of its managing general agent business.
Big Interview: Jon Dye, Hiscox
Jon Dye, CEO of Hiscox UK, sits down with Harry Curtis to discuss the business’s growth prospects, its ongoing digital trading efforts and new look C-suite.
QBE eyes growth opportunity in ‘underweight’ South East
QBE director of UK regions Andy Fitzgerald has identified the South East as a “massive” growth opportunity for the insurer as it aims to bulk up its UK regions business.
Aviva revamps financial lines management and pushes into Scotland
Aviva has announced several new hires in its financial lines team, including underwriters that expand its presence into Scotland.
RSA appoints trading directors ahead of NIG integration
RSA has appointed Moira Spencer and Deena Hemming as trading directors for the North and South respectively, ahead of the integration of NIG next month.
Could rugby court clash shift the sport to self-insuring?
The outcome of a lawsuit launched by hundreds of rugby union players could have a far-reaching impact on the future of the sport. Tim Evershed looks at whether parallels can be drawn with similar actions in the US against governing bodies, such as the NFL and NHL, and what can be done to make sure players remain insurable.
Most read
- Aviva CEO warns home insurance premiums need to go up
- Integration and restructuring costs push RSA to 2023 loss
- Which urges FCA to take action on premium finance following investigation