EPLI providers turn up the heat. (Employment Practices).

From: HRMagazine | Date: May 1, 2002| Author: Barrier, Michael | Copyright information

Going without it is like "not buying fire insurance when you own a house," the insurance executive says. "Your chances are very good you'll never have a fire, but boy, are you going to be upset if you do." That executive, Phil Norton of Arthur J. Gallagher & Co., a major brokerage based in Itasca, Ill., is talking about employment practices liability insurance (EPLI)--a form of coverage virtually unknown 10 years ago but increasingly vital to businesses of all sizes for protection ...

Related newspaper, magazine, and journal articles from HighBeam Research

AIG introduces monoline employment practices policy
Rough Notes ; National Union Fire Insurance Company, a member of American International Group (AIG), introduced a monoline employment practices liability policy (EPLI) with coverage on a claims-made basis and liability limits up to $50 million. It provides coverage for claims alleging discrimination, sexual
Rise in EPL suits not expected to slow. (employment practices liability-related lawsuits)
Business Insurance ; NEW YORK - The increase over the past several years in employment practices liability-related lawsuits shows little sign of waning, according to an employment practices attorney. As widespread layoffs continue and high-profile employment practices suits gain national attention, more suits are
Chubb Offers Employment Practices Loss Prevention Help.
National Underwriter Property & Casualty-Risk & Benefits Management ; The Warren, N.J.-based Chubb Group of Insurance Companies has developed a program to provide employment practices loss prevention services to its customers. Chubb's employment practices loss prevention program offers legal and consulting services to help companies avoid employee allegations. The
Documentation key to fighting employment practices claims; Start process early, expert advises.(News)
Business Insurance ; Byline: DAVE LENCKUS MILWAUKEE-Public entities could avoid many employment practices claims and losses by documenting their files better and implementing and following personnel policies and procedures, according to a risk control expert. Providing employees due process to air their grievances also
Educating clients about the risks of employment practices
American Agent & Broker ; ALTHOUGH agents and brokers appear to be increasingly eager to learn about employment practices liability insurance, selling it has remained difficult. The typical hit ratio seems to be about 10% to 20%. How can agents increase that figure? One way is by giving employers a clear picture of the