The minority challenge

Article Abstract:

The insurance industry needs to increase its level of minority employment. Demographic trends indicate that minorities will make up 25 % of the U.S. workforce by the year 2000. Further, during the '90's nearly 33 % of first-job employees will be minorities. The insurance industry falls below the percentage of hispanic and black employment typically found in U.S. industries. An important way to reverse this trend is for insurance-industry firms to sponsor minority education. The College of Insurance has a highly successful program called the Minority Honors Internship Program.

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1992 viewed as critical to overseas expansion

Article Abstract:

The US insurance industry must plan overseas expansion, according to Gordon Cloney, president of the International Insurance Council. He predicts that international regulation of the industry will change dramatically in 1992. Also , a report issued by the International Trade Commission predicts that US companies will do well in Europe and Asia, despite restrictions on foreign companies operating in these areas.

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Raising the crossbar

Article Abstract:

Insurance testing must focus on the following three issues: higher license requirements; greater ability to measure an applicant's competency accurately and retesting of already licensed individuals. Tackling and resolving these issues will do much to advance the insurance industry toward attaining the goal of true professionalism.

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