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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] |
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] |
Congress Of Industrial Organizations
The Congress of Industrial Organizations (CIO) was a federation of unions that organized workers in industrial unions in the United States and Canada from 1935 to 1955. Originally created in 1935 as a committee within the American Federation of Labor (AFL) by John L. Lewis, a leader of the United Mine Workers (UMW), and called the Committee for Industrial Organization. Its name was changed in 1938 when it broke away from the AFL. It focused on organizing unskilled workers, who had been ignored by most of the AFL unions. The CIO supported Franklin D. Roosevelt and his New Deal coalition, and membership in it was open to African Americans. CIO members voted for Roosevelt at the 70+% level. Both the CIO and its rival the AFL grew rapidly during the Great Depression. The rivalry for dominance was bitter and sometimes it was violent. In its statement of purpose, the CIO said that it had formed to encourage the AFL to organize workers in mass production industries along industria ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Office And Professional Workers Of America
The United Office and Professional Workers of America (UOPWA) (1937–1950) was a CIO-affiliated union and one of the white-collar unions formed by the CPUSA-breakaway party of Lovestoneites. History Formation The UOPWA of private sector clerical workers formed in 1937 when 23 white collar unions merged, including the Office Workers Union, and the Bookkeepers, Stenographers, and Accountants Union (BS & AU). They also left the left the American Federation of Labor (AFL) for the Congress of Industrial Organizations (CIO). Activities "The UOPWA held an unusual position in the newly formed CIO. In a federation committed to industrial unionism, here was a union with elements of both craft and industrial structure." "The union included a substantial group of leftwing activists and sympathizers." In the 1930s-1940s, Communist-swayed unions in the CIO included UOPWA, International Fur and Leather Workers Union (IFLWU); the International Longshoremen's and Warehousemen's Union ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John Hancock Financial
John Hancock Life Insurance Company, U.S.A. is a Boston-based insurance company. Established April 21, 1862, it was named in honor of John Hancock, a prominent American Patriot. In 2004, John Hancock was acquired by the Canadian multinational life insurance company Manulife Financial. It operates as an independent subsidiary. The company and the majority of Manulife's U.S. assets continue to operate under the John Hancock name. History On April 21, 1862, the charter of the John Hancock Mutual Life Insurance Company was approved by John A. Andrew, governor of Massachusetts. There was not always a standardization for how the company name has been referenced. For example, a John Hancock advertisement from 1912 refers to the company as "John Hancock Mutual Life Insurance Company," but some John Hancock advertisements and newspaper articles from the 1930s refer to it as the "John Hancock Life Insurance Company." However, 1940s sources again refer to the company as the "John Hancock ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Metropolitan Life Insurance
MetLife, Inc. is the holding corporation for the Metropolitan Life Insurance Company (MLIC), better known as MetLife, and its affiliates. MetLife is among the largest global providers of insurance, annuities, and employee benefit programs, with 90 million customers in over 60 countries. The firm was founded on March 24, 1868. MetLife ranked No. 43 in the 2018 Fortune 500 list of the largest United States corporations by total revenue. On January 6, 1915, MetLife completed the mutualization process, changing from a stock life insurance company owned by individuals to a mutual company operating without external shareholders and for the benefit of policyholders. After 85 years as a mutual company, MetLife demutualized into a publicly traded company with an initial public offering in 2000. Through its subsidiaries and affiliates, MetLife holds leading market positions in the United States, Japan, Latin America, Asia's Pacific region, Europe, and the Middle East. MetLife serves 90 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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] |
Prudential Financial
Prudential Financial, Inc. is an American Fortune Global 500 and Fortune 500 company whose subsidiaries provide insurance, retirement planning, investment management, and other products and services to both retail and institutional customers throughout the United States and in over 40 other countries. In 2019, Prudential was the largest insurance provider in the United States with $815.1 billion in total assets. The company uses the Rock of Gibraltar as its logo. Logo The use of Prudential's symbol, the Rock of Gibraltar, began after an advertising agent passed Laurel Hill, a volcanic neck, in Secaucus, New Jersey, on a train in the 1890s. The related slogans "Get a Piece of the Rock" and "Strength of Gibraltar" are also still quite widely associated with Prudential, though current advertising uses neither of these. Through the years, the symbol went through various versions, but in 1989, a simplified pictogram symbol of the Rock of Gibraltar was adopted. It has been used ... [...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] |
Allan Haywood
Allan Shaw Haywood (January 9, 1888 – February 21, 1953) was an English-born American labor union leader. Born in Monk Bretton, in England, Haywood began working with his father in a local coal mine, at the age of 13, and he joined the Yorkshire Miners' Association. In 1906, he emigrated to the United States, still working in mining, initially in Witt, Illinois, and then in Taylorville, Illinois. He immediately joined the United Mine Workers of America, and soon became a full-time organizer for the union. He became vice-president of his sub-district, then president, and then represented his district on the national executive. The president of the United Mine Workers, John L. Lewis, was a leading figure in the formation of the Committee for Industrial Organization (CIO), and Haywood strongly supported the initiative. He was seconded to the United Rubber Workers of America in 1936, as an adviser, then in 1937, he became the CIO's regional director for New York City. Durin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
William Gillen
William Aloysius Gillen (1918 or 1919 – April 1, 1995) was an American labor union leader. Born in Philadelphia, Gillen served with the United States Army in Europe during World War II. After the war, he returned to Pennsylvania and worked in a factory, then later became managing director of the Pop Warner Little Scholars program. In 1955, he was appointed as president of the Insurance Workers of America union. As leader of the union, Gillen organized a merger with the rival Insurance Agents' International Union, forming the Insurance Workers' International Union. He was elected as secretary-treasurer of the new union, then defeated the incumbent to become its president in 1965. He also served on the general board of the AFL-CIO, and acted as a mediator and lecturer for the federation. Gillen stood down as leader of the union in 1976, to become assistant director of the George Meany Center for Labor Studies. He retired in 1984, and settled in Leisure World, Maryland L ... [...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] |
