Like the driver who realizes they should have buckled their seatbelt after an accident, employment practices liability insurance is a coverage that most small businesses think they don’t need.
One year after the ruling prohibited workplace discrimination based on gender identity and sexual orientation, agents must make sure commercial clients are taking action to reduce risk.
One year after the U.S. Supreme Court’s Title VII ruling prohibited workplace discrimination based on gender identity and sexual orientation, independent agents must make sure their commercial clients are taking action to reduce employment practices liabi
Should employment practices liability insurance that covers “work-related harassment” specifically mention sexual harassment?
Insurers are seeing an increase in claims frequency and severity in the employment practices liability insurance market and are watching the trends that are continuing to put pressure on it.
“Due to the most recent few years and what we have been seeing in the media, I expect more and more claims to be filed,” says independent agent Karyn Roeling, “which will continue to make this market harden into the future.”
Company owners should consider employment practices liability coverage as essential for protecting their business beause it’s not a matter of if a claim is made, it’s a matter of when.
The employment practices liability insurance industry has never sailed on smooth seas, and the near future of the market is no different.
Restaurant Guard’s Employment Practices Liability Protection mitigates the unique set of risks that can threaten the health and sustainability of a restaurant.
The employment practices liability insurance market is dealing with one major exposure change: fallout from the #MeToo movement. Learn how both insurers and employers are evolving to manage risk through new techniques.
