McKinsey Creates New Ethics Role After $641 Million Opioid Fallout
McKinsey & Co. is beefing up its ethics department after a series of high-profile controversies, including helping Purdue Pharma LP "turbocharge" opioid sales.
Who Do You Trust? When Behavioral Science Fails
Late last week, I was reviewing my Twitter feed and came across a tweet that made no sense to me. While it's a common occurrence for me to be baffled by Twitter exchanges, this particular tweet ...
QBE CEO Regan Departs After Investigation Following Female Employee’s Complaint
QBE Insurance Group's Chief Executive Officer Pat Regan is departing the insurer after an external investigation found his workplace communications did not meet the standards set out in the group's ...
Cheating Spouses More Likely to Pursue Workplace Misconduct: Study
People who cheat on their spouses are a lot more likely to engage in misconduct in the workplace, according to a new academic study. The researchers looked at the records of police officers, ...
The Hartford, Allstate Among World’s Most Ethical Companies
The Hartford and Allstate both made a list of the World's Most Ethical Companies in 2017. This marks the ninth year The Hartford has received the designation from the Ethisphere Institute, experts in ...
QBE CEO’s Relationship With Assistant Distracts From Stellar Financial Results
Although Australia's QBE reported its best underwriting results in six years, Group CEO John Neal was forced to field a barrage of questions during a media briefing about why the board decided to ...
Equitable Pay, Fair Promotions Can Enhance Ethics at Your Company
Whether you work in the property/casualty insurance industry or not, ethics matter to all corporations. With that in mind, a recent Harvard Business Review posting based on University of Pennsylvania ...
An E-Infusion: Infusing Ethics Into Your Organization
Much has been written about the need for ethics and ethical behavior in organizations, and most people, when approached with the subject, show body language that says "I know it. I do it. Don't talk ...
How the P/C Insurance Industry Can Increase Ethical Behavior
Although 90 percent of property/casualty insurance industry representatives say their industry is largely an ethical one, they believe that the public doesn't see the same picture. And ethics in the ...
When Bailouts Make Moral and Economic Sense: Friedman & McNeill
Effective or not, bailouts somehow seem unjust. Why use taxpayer money to save the companies that actually caused the meltdown, the banks that made the reckless loans, and insurance companies that ...