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Insurance Agents' International Union
The Insurance Agents' International Union (IAIU) was a labor union representing agents in the insurance industry, in the United States and Canada. The union originated in 1938 as the National Federation of Insurance Agents Council of the American Federation of Labor (AFL). It was chartered by the AFL, as the IAIU, on May 15, 1951. It affiliated to the new AFL-CIO in 1955, and by 1957, it had 11,000 members. On May 18, 1959, it merged with the Insurance Workers of America, to form the Insurance Workers' International Union The Insurance Workers' International Union (IWIU) was a labor union representing workers in the insurance industry in the United States and Canada. History The union was established on May 18, 1959, when the Insurance Agents' International Union m .... Throughout its history, the union was led by president George L. Russ. References {{reflist Insurance industry trade unions Trade unions established in 1951 Trade unions disestablished in 1959 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Labor Union
A trade union (labor union in American English), often simply referred to as a union, is an organization of workers intent on "maintaining or improving the conditions of their employment", ch. I such as attaining better wages and benefits (such as holiday, health care, and retirement), improving working conditions, improving safety standards, establishing complaint procedures, developing rules governing status of employees (rules governing promotions, just-cause conditions for termination) and protecting the integrity of their trade through the increased bargaining power wielded by solidarity among workers. Trade unions typically fund their head office and legal team functions through regularly imposed fees called ''union dues''. The delegate staff of the trade union representation in the workforce are usually made up of workplace volunteers who are often appointed by members in democratic elections. The trade union, through an elected leadership and bargaining committee, b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Federation Of Labor
The American Federation of Labor (A.F. of L.) was a national federation of labor unions in the United States that continues today as the AFL-CIO. It was founded in Columbus, Ohio, in 1886 by an alliance of craft unions eager to provide mutual support and disappointed in the Knights of Labor. Samuel Gompers was elected the full-time president at its founding convention and reelected every year, except one, until his death in 1924. He became the major spokesperson for the union movement. The A.F. of L. was the largest union grouping, even after the creation of the Congress of Industrial Organizations (CIO) by unions that were expelled by the A.F. of L. in 1935. The Federation was founded and dominated by craft unions. especially the building trades. In the late 1930s craft affiliates expanded by organizing on an industrial union basis to meet the challenge from the CIO. The A.F. of L. and CIO competed bitterly in the late 1930s, but then cooperated during World War II and a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Insurance Workers Of America
The Insurance Workers of America (IWA) was a labor union representing workers in the insurance industry, in the United States. The union was founded be the Congress of Industrial Organizations (CIO) on May 1, 1950, as the Insurance and Allied Workers' Organizing Committee. It was intended as a replacement for the United Office and Professional Workers of America, which had recently been expelled from the CIO, and 90% of the members of which worked in the insurance industry. It undertook a series of strikes, and as a result, in 1951 won the right to represent 6,000 workers at John Hancock Financial and Metropolitan Life Insurance. However, it was severely challenged by the rival Insurance Agents' International Union (IAIU), to which it lost 9,000 Prudential Financial workers. The union affiliated to the new AFL-CIO in 1955, and by 1957, it had 13,000 members. On May 18, 1959, it merged with the IAIU, to form the Insurance Workers' International Union. Presidents :1950: Allan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Insurance Workers' International Union
The Insurance Workers' International Union (IWIU) was a labor union representing workers in the insurance industry in the United States and Canada. History The union was established on May 18, 1959, when the Insurance Agents' International Union merged with the Insurance Workers of America. Like both its predecessors, it was chartered by the AFL-CIO. On formation, it had 22,650 members. In 1966, the union hired an organizer to study the unionization of white collar workers. By 1980, its membership had fallen slightly, to 20,000. On October 1, 1983, the union merged into the United Food and Commercial Workers The United Food and Commercial Workers International Union (UFCW) is a labor union representing approximately 1.3 million workers in the United States and Canada in industries including retail; meatpacking, food processing and manufacturing; hosp ..., to promote the broader organization of clerical workers in the industry. Presidents :1959: George L. Russ :1963: George ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Insurance Industry Trade Unions
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trade Unions Established In 1951
Trade involves the transfer of goods and services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market. An early form of trade, barter, saw the direct exchange of goods and services for other goods and services, i.e. trading things without the use of money. Modern traders generally negotiate through a medium of exchange, such as money. As a result, buying can be separated from selling, or earning. The invention of money (and letter of credit, paper money, and non-physical money) greatly simplified and promoted trade. Trade between two traders is called bilateral trade, while trade involving more than two traders is called multilateral trade. In one modern view, trade exists due to specialization and the division of labour, a predominant form of economic activity in which individuals and groups concentrate on a small aspect of production, but use their output in trades for other products and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
