EPLI

The rise of artificial intelligence (AI) and its growing role in employee recruitment and management is set to reshape the employment practices liability insurance (EPLI) market through 2026 and beyond.

The excess policy provides follow-form coverage on professional liability coverage with limits up to $5 million and a minimum attachment point of $500,000.

With more employees exposing employer misconduct and evolving legal standards surrounding retaliation, businesses need robust coverage and clear policies to protect themselves.

A lawsuit can be brought against an organization for countless reasons—including a disgruntled former employee who believes they’ve been wronged.

Biometric technology is increasingly used by organizations, and many employers may be unaware of the laws around its application—or even that they’re using it in the first place.

HSB’s carrier partners can offer EPL Plus as an endorsement or coverage part to an underlying business owners or commercial package policy.

In the employment practices liability market, the law that ended forced arbitration for sexual assault or harassment is likely to increase pressure on insurers responsible for paying for litigation in the short term.

One of the lasting legacies of the pandemic is an increase in remote workers, which has left an imprint on the employment practices liability insurance market.

Here are two claim scenarios where employment practices liability policies saved the day for independent agencies.

The product offers sublimit reinstatements, up to $1 million in wage and hour protection and continuity of claims coverage.