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...ability, Errors & Omissions, Directors & Officers Liability, Media &am...iligence can help reduce the frequency and severity of E&O claims as well ...

... and managers  Partnerships or joint ventures, including partners and members  Organizations other than partnerships, joint ventures, or limited liability companies, including executive officers (when such positions are created by charter, by-law or other governing documents), and directors  Employees who hold managerial or supervisory positions and those leased or temporarily employed (Keep in mind that non-supervisory or non-managerial employees are not automatically insured, and no person or organization is an insured with respect to any current or past partnership or joint venture ... Liability Policy 4/30/2013 10:35:25 PM by CompleteMarkets Editor , Gary Griffin This content has not been rated yet. ISO'S EMPLOYMENT-RELATED PRACTICES LIABILITY POLICY by Gary Griffin According to The Risk Management Letter, 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 ... 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 Iso's Employment-Related Practices Liability Policy 4/30/2013 10:35:25 PM by CompleteMarkets Editor , Gary Griffin This content has not been rated yet. ISO'S EMPLOYMENT-RELATED PRACTICES LIABILITY POLICY by Gary Griffin According to The Risk Management Letter, volume 18, issue 8, Insurance Services ...

... other governing documents), and directors  Employees who hold managerial or supervisory positions and those leased or temporarily employed (... Gary Griffin, CPCU, is a consultant with Warren, McVeigh & Griffin, ...

... Specific coverage for wrongful employment conduct can actually be purchased in a number of ways. The most common are individual stand-alone policies covering your liability for specifically enumerated wrongful practices. EPLI coverage can also be obtained by the attachment of riders or endorsements to other policies such as Directors & Officers policies and others. The benefit of purchasing coverage under a unitary contract, however, is that the coverage provided is usually broader and the limit of liability is not eroded by the payment of unrelated coverage. Endorsements to other kinds of policies ... only provide limited protection and often lack a duty to defend. But criticism of the stand-alone policy approach is that the coverage can be expensive and it may be difficult to purchase policy limits greater than $10 million. Yet another approach is to purchase coverage for defense expenses only. This approach has the benefit of protecting against the often enormous cost of defense but keeps the price down by precluding coverage for judgments and settlements. Duty to Defend The promise by the insurer to defend the insured is arguably one of the most desirable features ... 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 aggressive prevention ...

...R LITIGATION, LIABILITY INSURANCE, AND DISPUTE RESOLUTION 4.1 Risks posed by....C.P. Sections 1280-1288.8. They apply to discrimination claims as well as con...

... corporation, overseeing all management and Agency operations. His other duties shall consist of marketing and sales of commercial lines, as well as overseeing the Personal Lines Department and general administration of the Agency, and serving on any Executive Committee' established by the Agency's Board of Directors (the Board'), including full authority to make decisions regarding all matters generally included in these areas. His specific responsibilities in those areas shall include without limitation the following: 2.1.1 Corporate Administration. Oversee office manager-office Manager will report directly to [Employee] ... President for all administrative procedures and issues Personnel issues-entire staff Agency accounting-check signing (if [Employee] absent, XXX will sign next, then [Agency]; XXX signs checks payable to [Employee]), management reports, accounts receivable, and enforcement of collection procedures Produce reports Agency agreements-processed and signed by [Employee] as President Insurance company representatives-meet with or assign to proper department head Serve on Executive Committee Responsible for other agency acquisition possibilities 2.1.2 Personal Lines Manager. Coordinate all functions in the Personal Lines Department, including without limitation ... Contract and complying with all of its provisions to their fullest extent. If [Employee] is enjoined or otherwise prevented by judicial or administrative determination from complying with the terms of this Contract, then the Board may terminate his active management employment immediately without incurring any further liability. 8. CROSS-DEFAULT 8.1 Timing. Time is of the essence in this Contract. 8.2 Other Agreements. It is the intent of all parties involved in the merger, that agreements involved therewith be subject to cross- default in order to protect [Employee] ...

...ements to other policies such as Directors & Officers policies and oth...__________________ ADDRESS YOUR FAX TO THE RISK MANAGEMENT LETTER at (714) ...

...blished by the Agency's Board of Directors (the 'Board'), including full autho...182 NE 222nd Its: Vice President Portland, OR 88020 Address: P.O. Box 2112 Portland, OR 88020

... . 2.6 On the date on which CIS shall become operational, it shall hire those certain persons who are now employed by the Parties hereto as identified on EXHIBIT E annexed hereto upon such terms and conditions as shall be mutually acceptable to such persons and the Board of Directors of CIS. 2.7 There shall be no transfer hereinafter to CIS by any Party of any incident of ownership of the Accounts now or hereafter owned by any party, including expirations and expiration data with respect thereto, which customer lists and records with respect thereto as ... accounting, servicing, marketing, claims and other services. Each Party shall provide its own personnel for production of business and to serve as the primary liaison or contact with its Accounts to such extent as it shall deem necessary and appropriate. 2.11 CIS shall provide all office space, equipment furniture and supplies necessary and appropriate to the proper and efficient operation of CIS. Assignment of office space shall be as designated on EXHIBIT F annexed hereto. Each Party shall pay rent to CIS for the use of its designated space at the initial ... late charges on overdue premiums. Commissions on so-called audit premiums shall be included as Net Annual Commissions. (d ) Book Value' shall mean the stated value of all assets less depreciation but excluding goodwill, covenants not to compete, Accounts and other intangible assets less liabilities of every name and nature. Additionally, there shall be excluded from Book Value the death benefit payable from life insurance, if any, on the life of any Party hereto or individual shareholders or employees of a Party hereto. (e ) Total Permanent Disability ...

... 160 2.6 On the date on which CIS shall become operational, it shall hire those certain persons who are now employed by the Parties hereto as identified on EXHIBIT E annexed hereto upon such terms and conditions as shall be mutually acceptable to such persons and the Board of Directors of CIS. &# 160 2.7 There shall be no transfer hereinafter to CIS by any Party of any incident of ownership of the Accounts now or hereafter owned by any party, including expirations and expiration data with respect thereto, which customer lists and records with ... , marketing, claims and other services. Each Party shall provide its own personnel for production of business and to serve as the primary liaison or contact with its Accounts to such extent as it shall deem necessary and appropriate. &# 160 2.11 CIS shall provide all office space, equipment furniture and supplies necessary and appropriate to the proper and efficient operation of CIS. Assignment of office space shall be as designated on EXHIBIT F annexed hereto. Each Party shall pay rent to CIS for the use of its designated space at the initial ... overdue premiums. Commissions on so-called audit premiums shall be included as Net Annual Commissions. &# 160 (d ) Book Value' shall mean the stated value of all assets less depreciation but excluding goodwill, covenants not to compete, Accounts and other intangible assets less liabilities of every name and nature. Additionally, there shall be excluded from Book Value the death benefit payable from life insurance, if any, on the life of any Party hereto or individual shareholders or employees of a Party hereto. &# 160 (e ) ...