British watchdog tells bosses to end bad behaviour in insurance
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LONDON (Reuters) - Britain's markets watchdog has told the bosses of commercial insurance companies to stamp out bad behaviour in the industry and improve diversity, or risk losing their jobs.The warning follows last year's admission by Lloyd's of London of sexual harassment and daytime drinking in the market, which employs nearly 50,000 people. Lloyd's has introduced a plan to raise standards."A senior manager's failure to take reasonable steps to address non-financial misconduct could lead us..