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... 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 ... face not only the traditional obstacles of competition and keeping up with advances in technology, but must now face a whole new breed of potential adversary: one's own workforce. Even the best-run of companies are experiencing an explosion of employment-related claims. These can include: Wrongful discharge litigation Discrimination and sexual harassment claims Allegations of negligent hiring, retention, and supervision Wage and hour investigations Fringe benefit claims Increased unemployment, disability and Workers Compensation claims Unintended violations of Federal and state leave-of-absence laws Human resource professionals have known for years that communication of the ... rules, policies, and procedures to the employees, as well as an early intervention in employment disputes or complaints, are effective in limiting both the frequency and severity of suits. Now employment practices liability insurance (EPLI) can augment these traditional preventive tactics. Combined with insurance, loss prevention, post-incident investigation, and thorough follow-up can act to form a three-legged stool of protection against employment-related claims. Here are a few tips to consider when developing your own defensive strategies. LEG ONE: PREVENTION TECHNIQUES While the incidence of employment-related claims ...

...el McKinney As the incidence of wrongful employment practice suits increases,...sion Whether public awareness of wrongful employment conduct has been heigh...