EPLI

BOS

 

Employment Practices Liability Insurance – is it Important?

Well, the likelihood of being sued by an employee is now three times greater than experiencing a fire loss. In just 2014, the Equal Employment Opportunity Commission received nearly 90,000 discrimination charges that year. 65% of these claims were groundless, but those employers still had to shovel out costs of investigating and defending against them. Along with claims from employees, many service-oriented businesses ...

Continue Reading →
0

Data Breaches at a Record High

2014 was a record year for data breaches, and the numbers will only rise. The number of U.S. data breaches that were tracked in 2014 hit an all-time high of 783, according to the Identity Theft Resource Center. Since 2005, there have been in excess of 5,000 data breach incidents, involving over 675 million records. Keep in mind, that this number only encompasses those reported, many breaches fly under the radar every day.

Eva Velasquez, the president and CEO of ITRC, ...

Continue Reading →
0

Out-of-State Workers’ Comp Claims

Many employers assume that workers’ compensation policies cover out-of-state exposures, when in reality, each workers’ compensation policy must be written to reflect specifically all states where the employer has either work or employees.

A workers’ compensation policy will usually extend to cover employees who are hired in one state while temporarily working in another; the benefits would be from the state of hire. It becomes a sticky situation when the state in which the employee is injured provides higher ...

Continue Reading →
0
Page 9 of 9 «...56789