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/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/2106/ARE-YOU-OFFERING-EMPLOYMENT-PRACTICES-LIABILITY-INSURANCE/
... or verdicts. The average plaintiff's damages in employment lawsuits exceed $250,000, and 15% of all verdicts top $1 million. Because of this market need, Employment Practices Liability (EPL) coverage was created in the late 1980s. This product was designed to cover EPL claims, which fall into four broad categories of conduct: discrimination wrongful termination sexual harassment a variety of other workplace torts A large number of companies now offer this coverage, and sales are certainly on the rise. Yet, many commercial clients still ... Popular Recent All Back Are You Offering Employment Practices Liability Insurance?4/30/2013 10:44:07 PM by CompleteMarkets Editor , Curtis Pearsall This content has not been rated yet. ARE YOU OFFERING EMPLOYMENT PRACTICES LIABILITY INSURANCE? by Curtis Pearsall Claims alleging wrongful employment practices have undoubtedly increased significantly over the last decade. According to USA Today, an estimated 450 employment lawsuits are filed every day. One survey reported that half of all firms sued spend more than $50,000 (and one-third spend more than $ ... of articles, checklists, tip sheets, sales letters, and more! Communications Marketing Customer Service Planning Finance/Accounting Risk Management Human Resources Selling Legal and E&O Technology Life/Financial Services Glossaries Management Resources & Links Categories Popular Recent All Back Are You Offering Employment Practices Liability Insurance?4/30/2013 10:44:07 PM by CompleteMarkets Editor , Curtis Pearsall This content has not been rated yet. ARE YOU OFFERING EMPLOYMENT PRACTICES LIABILITY INSURANCE? by Curtis Pearsall Claims alleging wrongful employment practices have undoubtedly increased significantly ...
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/Article/article-post/935/EPL-BUILDING-A-THREE-LEGGED-STOOL-OF-PROTECTION/
...el McKinney As the incidence of wrongful employment practice suits increases,...elf is a poor substitute for sound employment policies. Remember, it may be impossible to secure insurance for employment claims unless at least rudimenta...
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. ...
https://completemarkets.com/Article/article-post/986/Preserving-Agency-Value/
...ens some time soon!
Lawsuits for wrongful termination, discrimination, defamat... Agency's Proprietary Materials
D. Employment and Hiring Policies
E. Job Descr...
https://completemarkets.com/Article/article-post/1684/AGENCY-BROKER-PROFILING/
...a resume. If you're looking for employment, you would prepare a resume that hi...e. Some types of risks may be high-liability exposures and thus surplus lines...