https://completemarkets.com/Article/article-post/2270/FIRING-WITHOUT-FEAR/
...r>FIRING WITHOUT FEAR: AVOIDING WRONGFUL TERMINATION LAWSUITS by Beth Schroe...ncerned with the possibility of the wrongful discharge lawsuit, and are not in...
https://completemarkets.com/Article/article-post/2106/ARE-YOU-OFFERING-EMPLOYMENT-PRACTICES-LIABILITY-INSURANCE/
...Curtis Pearsall Claims alleging wrongful employment practices have undoubtedl...most policies cover discrimination, wrongful termination, sexual harassment, a...
https://completemarkets.com/Article/article-post/971/AVOIDING-ADVERSE-LEGAL-DECISIONS/
...void legal action. Lawsuits for wrongful termination, discrimination, defamat...gency income. Could you be sued for wrongful termination if you have to lay pe...
https://completemarkets.com/Article/article-post/240/Developing-A-Marketing-Plan-In-A-Distressed-Agency/
...ership, such as a checklist for employment practices or pollution. This is a w...ervice to the prospect, such as an employment practices or pollution checklist with a fa...
https://completemarkets.com/Article/article-post/985/ERRORS-AND-OMISSIONS-CONSIDERATIONS/
...edures in writing Gives a designated E&O Coordinator the responsibility ...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/935/EPL-BUILDING-A-THREE-LEGGED-STOOL-OF-PROTECTION/
... or thinly capitalized firms may be severely hit by even a single modest loss. Even some larger firms might find it difficult to absorb the cost of multiple suits. In the last few years, insurers have been queuing up to provide a specialized form of insurance specifically designed to protect against loss incurred in litigating and settling wrongful employment practices liability claims. The generic name for this new coverage is Employment Practices Liability insurance (EPLI) . It should be noted that insurance coverage for some kinds of wrongful employment practice claims may be available ... Protection 4/30/2013 10:35:25 PM by CompleteMarkets Editor , Gary Griffin This content has not been rated yet. EMPLOYMENT PRACTICES LIABILITY INSURANCE: BUILDING A THREE-LEGGED STOOL OF PROTECTION by Gary Griffin, ARM, and Rachel McKinney As the incidence of wrongful employment practice suits increases, savvy employers are taking proactive steps to control both the frequency and severity of claims. But even the most aggressive prevention measures won't completely insulate employers and others from loss. New insurance products covering employment-related liability can provide the backstop protection many ... &O Technology Life/Financial Services Glossaries Management Resources & Links Categories Popular Recent All Back Epl: Building A Three-Legged Stool Of Protection 4/30/2013 10:35:25 PM by CompleteMarkets Editor , Gary Griffin This content has not been rated yet. EMPLOYMENT PRACTICES LIABILITY INSURANCE: BUILDING A THREE-LEGGED STOOL OF PROTECTION by Gary Griffin, ARM, and Rachel McKinney As the incidence of wrongful employment practice suits increases, savvy employers are taking proactive steps to control both the frequency and severity of claims. But even the most ...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/933/ISOS-EMPLOYMENT-RELATED-PRACTICES-LIABILITY-POLICY/
... , volume 18, issue 8, Insurance Services Offices' (ISO) new Employment-Related Practices Liability (ERPL) policy provides a benchmark for the insurance industry and will secure economies of scale that will benefit insurers and their customers. The ISO ERPL helps solve problems associated with designing and pricing an Employment Practices Liability (EPL) when the full extent of the risk is difficult to measure. In the past, this limitation meant that only the largest or most adventurous insurers have written EPL coverage. The trick has been to offer a product ... Other types of work-related verbal, physical, mental, or emotional abuse targeting a class or characteristic protected by any federal or state law or local statute, rule, or regulation. The covered items contained in the definition of injury' replace the terms wrongful termination, ' discrimination, ' sexual harassment, ' and wrongful employment torts, ' all of which are common in other EPL insurance policies. However, keep in mind that such terms have no standardized meaning. You should carefully review how these terms are defined ... order to determine the actual scope of coverage. Note that the ISO policy's coverage for refusal to employ, failure to promote, termination, negative evaluation, reassignment, discipline, defamation, and humiliation apply only when such claims are based on discrimination. Wrongful termination claims can be based on a wide variety of common law and statutory causes of action, including allegations of breach of implied contract, breach of the covenant of good faith and fair dealing, violation of whistle-blowing statutes, defamation, infliction of emotional distress, fraud, misrepresentations ...
https://completemarkets.com/Article/article-post/933/ISOS-EMPLOYMENT-RELATED-PRACTICES-LIABILITY-POLICY/
...nsured under the policy when so designated in the declarations: Limited...nancial control over the insured's employment-related practices Conclusion Many current non-...
https://completemarkets.com/Article/article-post/176/Valuing-Your-Company-Stock-When-Owned-By-An-ESOP/
...yer has a significant repurchase liability generated as people die, leave, or ...eld business because the repurchase liability is created sooner. Since there i...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/971/AVOIDING-ADVERSE-LEGAL-DECISIONS/
... and with a witness. Offer the employee the opportunity to resign rather than to be fired. And consider negotiating a severance agreement, particularly if the person has been with the agency for a number of years. It is possible to include in that agreement a release designed to cover all potential claims. To further protect the agency from litigation, the employee should be encouraged to obtain legal counsel before signing the release. Sometimes it becomes necessary to reduce the agency's staff due to the loss of a producer, more reductions in commission ... , anybody can sue for anything today), there are some things that you can do to reduce the likelihood of litigation. Remember, the important thing is to avoid having the suit filed in the first place. Once that happens, whether you are right or wrong largely becomes immaterial. When a suit is filed, there is an almost immediate financial impact on the attorneys' fees to defend yourself. If the employee is still working in the agency, has on-going contact with current employees, is perceived as a hero' ... legal hassle with an employee or former employee has become a real concern for even smaller agents located in parts of the country where lawsuits were previously unheard of. A recent study by the ABA revealed that in the 20 years from 1969 to 1989, the volume of employment discrimination lawsuits increased by 2,200%, almost 10 times faster than all other types of federal civil lawsuits. The researchers found that while discrimination in hiring formerly was the most common complaint, now the greatest number of cases revolve around discrimination in firing. ...