With new headlines involving alleged harassment and other inappropriate conduct continuing to emerge, insurance coverage for claims that might come as a result is something every business should consider.
Why You Need Employment Practices Liability Insurance:
Charges against employers for discrimination, harassment, wrongful termination, retaliation and wage-and-hour violations are at all-time highs. Layoffs, downsizing, salary freezes and reductions in benefits can be used by past and present employees as evidence of “tangible adverse employment actions” to file charges of discrimination, harassment, retaliation and wrongful termination against employers.
Claim Example:
Sexual Harassment and Wrongful Termination: After reporting to the owner multiple incidents of repeated sexual harassment by the General Manager that ranged from comments about her appearance to pressure to date, a female employee who handled the auto dealership’s financing department alleged the GM began a systematic campaign to force her to resign. The employee settled for $150,000. Defense costs of $75,000 brought the total claim to $255.000.
With only a few pieces of information including class of business and number of employees, we can get you a quote for coverage!
Contact us for all your Insurance needs! (321)725-1620
Bob Lancaster Insurance
Serving Florida since 1964
