“It’s really important for every commercial client to have this coverage, which we’re keeping in mind as we’re growing our commercial book,” says independent agent Melissa Stallings. “As I’ve learned, employees are the bread and butter of a business.”
As more offices reopen and employees are being asked to return to the office, agents can play a pivotal role in helping clients avoid employment practices liability insurance (EPLI) claims.
As more offices reopen and employees return to work, employers are expecting to see an increase in discrimination and retaliation claims and whistleblowers reporting unsafe workplace conditions.
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.
