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...hat is not generally known to the public or to others who could obtain economi...ing Customers after Termination of Employment. For a period of one year immedi...

...ensive way to avoid the delay and public disclosure of probate. An agent who n...st’s “Key Rating Guide” or a similar publication every year. Today there’s so ...

...or other catastrophe. Liability. Public Liability has not often been subject ...bility of cash when the need arises. Public entities and other tax-exempt orga...

...ne of the many business directory publications in your area can be the source ...self as a viable, financially secure entity if it is to sustain growth through...

... in writing should be sought. Some policies define "wrongful termination" to mean "termination that is against the law and wrongful." Such a definition, while seemingly broad, may actually be onerous because in some states public policy can form the basis for a wrongful discharge claim only when such a prohibition is set forth in a statute or regulation. In other states, public policy may also be established by court decision and might not necessarily be prohibited by law. However the term ... but other policies may be silent or otherwise unclear. Who Is Insured? It may be surprising to know that not all EPLI policies provide coverage for the employer. But because the employment relationship is generally considered to exist between the employee and the corporation, the employing entity is nearly always named as a defendant in a wrongful employment practice suit. Also, some state laws, such as those in California, will hold the corporation responsible for the actions of supervisors and managers who are carrying out the day-to-day activities of the corporation and ... TECHNIQUES While the incidence of employment-related claims has increased dramatically in recent years, one encouraging aspect regarding such claims is that both frequency and severity of loss can be controlled through prevention techniques. Two integral elements every successful employment liability prevention plan have are an effective employee manual program and awareness training. Employee Manual Many employment-related claims arise out of ignorance. This may be the result of the employer's policies and procedures not getting communicated to the employee, inconsistent hiring and discipline practices, or the employer simply not knowing what the law requires. ...

... 160 Notified a proper authority of any aspect of your business operation that is illegal. This exclusion eliminates coverage for some of the most serious charges that employees can level against their employers. Given the emotional nature of claims of retaliatory discharge or of discharge in violation of public policy, these claims also frequently result in substantial jury verdicts and/or settlements. Keep in mind, however, that the definition of injury' as used in the insuring agreement provides coverage for coercing that person to commit an unlawful act or omission within that ... termination of employment, job relocation, or reassignment, if the action is taken for one of these reasons: You have filed for bankruptcy protection, or you are placed in receivership or liquidation.  You have merged with or been acquired by another business entity.  You have closed an operation or a business location.  Your business location is partly closed or the size of an operation must be reduced because of fire or other disasters beyond your control. Keep in mind that not all EPL ... policy and advisory projections of average future claim payments and loss-adjustment expenses. Many insurers who are unwilling or unable to design coverage and develop loss costs on their own can now compete in the burgeoning EPL insurance market by taking advantage of ISO's services. The new ISO ERPL program provides coverage that is triggered by a claim first made during the policy period. The ERPL form is designed to be written as a stand-alone policy or made part of ISO's Commercial Package policy. ERPL coverage provides base limits of $100,000, with options ...

...e or of discharge in violation of public policy, these claims also frequently ...nancial control over the insured's employment-related practices Conclusion Many current non-...

...as technology, the rise of formal public opinion and the general literacy of t...ontingent product and environmental liability 2. Explain the basis for estimat...

...hat is not generally known to the public or to others who could obtain economi... such employees to terminate their employment with Company. 13. Soliciting Cu...

...ht, Sharp and Accurate, Certified Public Accountants, Cambridge, Massachusetts...alance Sheet 4(k) Cable and Baker Employment Agreement 4(i) and 6©, 4(j) and ...