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Robert W Schmidt & Company e-Newsletter
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Robert W. Schmidt & Company
155 S. Executive Drive, Suite 204
Brookfield, WI 53005-4219
Toll Free: 800-361-4011
Phone: 262-790-4011 RWSins@RobertWSchmidtCo.com

Atomic8Ball e-Newsletter

Employment Practices Liability Coverage
Business Owners Can't Afford to Go Without It

There were 99,947 charges of discrimination at the Equal Employment Opportunity Commission (EEOC) in 2011, a record high for the EEOC.

  • Disability discrimination claims represent 26% of all discrimination claims. The increase is a result of the broadening of the Americans with Disabilities Act that took effect 1/1/2009, resulting in more qualifying disabilities.

There were 30,512 charges of harassment at the EEOC in 2011.

  • 16.3% of sexual harassment charges are brought by males.
Employment Practices Liability Coverage

These statistics represent charges brought only at the Federal Level — add in the charges brought at the individual state employment and human relations commissions and you can see the financial risk of not buying EPL coverage.

Our EPLI policy coverage features:

  • Full Prior Acts available for most classes.
  • Third Party Coverage available for most classes — provides coverage for claims made by non-employees, usually customers or vendors, that allege an employee harassed or discriminated against them.
  • Defense Outside the Limit — Insurance Company bears all costs of defense above the retention and defense costs do not erode the Limit of liability.
  • Independent Contractors are included in the definition of Employee.
  • Risk Management Services
  • Duty to Defend — obligation to defend all claims even if found to be groundless, false or fraudulent.
  • Fair Labors Standards Act (FLSA) — sub-limit for defense costs and loss.

Additional Advantages:

  • Can Package EPLI, D&O and Fiduciary Liability coverage
  • A.M. Best rated A or better carrier
  • 3 year policies available on some classes
  • Competitive pricing
  • Timely responses to all inquiries and submissions
  • Most classes written on admitted policies
  • Capacity up to $10,000,000 is available
  • Primary and Excess Forms are available

Additional EPLI statistics:

  • 3 out of every 5 employers are sued by former employees.
  • A private company is more likely to have an Employment Practices Liability claim than a General Liability or Property claim.
  • 65% of all companies that have ever fired an employee have been hit with an employment related lawsuit.
  • Over 40% of all EPL claims are brought against firms with less than 100 employees.

Make sure every commercial account you write, knows the numbers!

Need a quote? We'll get it to you fast!
Check out our website or give us a call for an application today!