Tag Archives: What is Employment Practices Liability Insurance?
Employment Practices: Law Prohibits Discrimination Against The Jobless
The Unemployed Becomes A Protected Class Against Employment Discrimination with NYC Law
The city of New York has recently enacted a law that will prohibit employers from discriminating against the unemployed in their hiring practices. This law will become effective July 11, 2013, and follows other jurisdictions, such as New Jersey, District of Columbia and Ohio, with another 18 states looking to amend their laws. In fact, New Jersey became …
What is Employment Practices Liability Insurance?
What is Employment Practices Liability Insurance?
According to the Equal Employment Opportunity Commission (EEOC), almost 75% of all litigation against corporations involves employment disputes. That’s right, you’re more likely to have a claim against your business involving an employee than a General Liability or Property claim. What’s more, companies are finding that they are vulnerable from the pre-hiring process through the exit interview, even if the employee was never hired, …
What is Fiduciary Liability Insurance?
What is Fiduciary Liability Insurance?
Fiduciary Liability insurance is designed to protect companies that sponsor an employee benefit plan, including ERISA and non-ERISA retirement plans and profit-sharing plans, medical benefit plans, life insurance, and disability plans. The coverage protects an insured against allegations that the fiduciary —the money or benefits handler—has breached his or her duty. Allegations can involve an error or negligence in administering a plan, including but not …
