The Chubb Institute
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The Chubb Institute
Anthem Education Group (formerly The Chubb Institute) was a Florida-based organization that operated a chain of for-profit, technical schools in the United States, called Florida Career College. In 2018, their website listed 11 campuses, ten in Florida and one in Houston, Texas. Anthem was accredited by Accrediting Council for Independent Colleges and Schools (ACICS). International Education Corporation (IEC) now holds all Anthem Education Group liabilities History The organization was founded in 1970 as The Chubb Institute, the employee training arm of the Chubb Corporation, an insurance company. Its initial focus was on computer-related training, and training in medical fields was added later. Facing lawsuits and financial losses, Chubb Corporation put the school for sale in 2004 and eventually sold it for $1 to a partnership of private equity firms called Great Hill Partners and the High-Tech Institute, a network of similar technical schools based in Phoenix, Arizona.Yang, Xiyun ...
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For-profit School
For-profit education (also known as the education services industry or proprietary education) refers to educational institutions operated by private, profit-seeking businesses. For-profit education is common in many parts of the world, making up more than 70% of the higher education sector in Malaysia, Japan, South Korea, Indonesia and the Philippines. Australia In 2011, Australia had over 170 for-profit higher education institutions, taking in 6% of the total student population and expected to increase to 20% by 2020. Their qualifications are legally equivalent to those issued by the public universities, but there have been concerns raised by external audits about the quality assurance and standards in for-profit colleges. There are also concerns over the low representation of Indigenous students, students from low socio-economic status backgrounds and students from non-English speaking backgrounds in for-profit colleges, which falls behind that in public universities. Howev ...
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Technical School
In the United States, a technical school is a type of two-year college that covers specialized fields such as business, finance, hospitality, tourism, construction, engineering, visual arts, information technology and community work. Associations supporting technical schools The Association for Career and Technical Education is the largest U.S. education association dedicated to promoting career and technical education. United States military Technical school is also the term used in the United States Armed Forces for the job specific training given immediately after recruit training. Though similar to the training provided by a two-year college, the training is much more concise, eschewing any coursework outside the minimum necessary to begin working in the chosen career field; additionally, the training is more time intensive, often including more than nine in-class hours per day. Military technical school is typically one to three months in duration, though some schools ar ...
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Florida Career College
Florida is a state located in the Southeastern region of the United States. Florida is bordered to the west by the Gulf of Mexico, to the northwest by Alabama, to the north by Georgia, to the east by the Bahamas and Atlantic Ocean, and to the south by the Straits of Florida and Cuba; it is the only state that borders both the Gulf of Mexico and the Atlantic Ocean. Spanning , Florida ranks 22nd in area among the 50 states, and with a population of over 21 million, it is the third-most populous. The state capital is Tallahassee, and the most populous city is Jacksonville. The Miami metropolitan area, with a population of almost 6.2 million, is the most populous urban area in Florida and the ninth-most populous in the United States; other urban conurbations with over one million people are Tampa Bay, Orlando, and Jacksonville. Various Native American groups have inhabited Florida for at least 14,000 years. In 1513, Spanish explorer Juan Ponce de León became the first kno ...
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Accrediting Council For Independent Colleges And Schools
The Accrediting Council for Independent Colleges and Schools (ACICS) is a non-profit education corporation that was recognized until 2021 by the United States Department of Education as an independent and autonomous national accrediting body. The accreditor's status worsened after a USA Today article in February 2020 revealed that ACICS had accredited a sham university called Reagan National University. ACICS was established in 1912. At one time it accredited 245 institutions of higher education offering undergraduate and graduate diplomas and degrees in both traditional formats and through distance education. ACICS is incorporated in Virginia and operates from offices in Washington, D.C. During the presidency of Barack Obama, concerns about the validity of its accreditation led the U.S. Department of Education to revoke the accreditor's recognition in 2016, making the students of schools without other accreditation ineligible for federal student aid. After a legal battle, Pr ...
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International Education Corporation
International Education Corporation (IEC) is for-profit higher education company in the United States. It is the parent company of UEI College, United Education Institute, Florida Career College, U.S. Colleges, and Sage Truck Driving Schools. The institutions are for-profit career colleges. Accreditation The Accrediting Council for Continuing Education and Training (ACCET) accredits UEI College in Huntington Park, Anaheim, Chula Vista, West Covina, Encino, Ontario, San Marcos, Stockton, Phoenix, and Morrow campuses. The Council on Occupational Education (COE) accredits Florida Career College locations in Miami, Hialeah, Boynton Beach, Houston, Jacksonville, Lauderdale Lakes, Margate, Orlando, Pembroke Pines, Tampa and West Palm Beach. The Accrediting Commission of Career Schools and Colleges (ACCSC) accredits the Bakersfield, Gardena, Fresno, Sacramento, Las Vegas, and Riverside locations. History IEC was originally founded in 1982 in Los Angeles, California, with the name Unit ...
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Chubb Corporation
Chubb Limited is an American company incorporated in Zürich, Switzerland. It is the parent company of Chubb, a global provider of insurance products covering property and casualty, accident and health, reinsurance, and life insurance and the largest publicly traded property and casualty company in the world. Chubb operates in 55 countries and territories and in the Lloyd's insurance market in London. Clients of Chubb consist of multinational corporations and local businesses, individuals, and insurers seeking reinsurance coverage. Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance. In 2018, the group had $174 billion in assets, $30.8 billion of gross written premiums and approximately 31,000 employees. Chubb trades on the NYSE and is a component of the S&P 500 index. Its core operating insurance companies are rated "AA" (Very Strong) for financial strength by Standard & Poor ...
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Insurance
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 ...
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The Washington Post
''The Washington Post'' (also known as the ''Post'' and, informally, ''WaPo'') is an American daily newspaper published in Washington, D.C. It is the most widely circulated newspaper within the Washington metropolitan area and has a large national audience. Daily broadsheet editions are printed for D.C., Maryland, and Virginia. The ''Post'' was founded in 1877. In its early years, it went through several owners and struggled both financially and editorially. Financier Eugene Meyer purchased it out of bankruptcy in 1933 and revived its health and reputation, work continued by his successors Katharine and Phil Graham (Meyer's daughter and son-in-law), who bought out several rival publications. The ''Post'' 1971 printing of the Pentagon Papers helped spur opposition to the Vietnam War. Subsequently, in the best-known episode in the newspaper's history, reporters Bob Woodward and Carl Bernstein led the American press's investigation into what became known as the Watergate scandal ...
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Educational Institutions Established In 1970
Education is a purposeful activity directed at achieving certain aims, such as transmitting knowledge or fostering skills and character traits. These aims may include the development of understanding, rationality, kindness, and honesty. Various researchers emphasize the role of critical thinking in order to distinguish education from indoctrination. Some theorists require that education results in an improvement of the student while others prefer a value-neutral definition of the term. In a slightly different sense, education may also refer, not to the process, but to the product of this process: the mental states and dispositions possessed by educated people. Education originated as the transmission of cultural heritage from one generation to the next. Today, educational goals increasingly encompass new ideas such as the liberation of learners, skills needed for modern society, empathy, and complex vocational skills. Types of education are commonly divided into formal, ...
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Former For-profit Universities And Colleges In The United States
A former is an object, such as a template, gauge or cutting die, which is used to form something such as a boat's hull. Typically, a former gives shape to a structure that may have complex curvature. A former may become an integral part of the finished structure, as in an aircraft fuselage, or it may be removable, being using in the construction process and then discarded or re-used. Aircraft formers Formers are used in the construction of aircraft fuselage, of which a typical fuselage has a series from the nose to the empennage, typically perpendicular to the longitudinal axis of the aircraft. The primary purpose of formers is to establish the shape of the fuselage and reduce the column length of stringers to prevent instability. Formers are typically attached to longerons, which support the skin of the aircraft. The "former-and-longeron" technique (also called stations and stringers) was adopted from boat construction, and was typical of light aircraft built until the ad ...
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