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EPLIEmployment Practices Liability Insurance
EPLIElliot Park Lifesciences Institute (Minneapolis, MN)
References in periodicals archive ?
Montleone, Employment Practices Liability Insurance (EPLI) Policies: Who Controls Selection of Defense Counsel, 18 WESTERN NEW ENGLAND LAW REVIEW 159, 160 (1996).
EMPLOYMENT PRACTICES LIABILITY INSURANCE Maximum limit, claim: Up to $15 million.
So it would seem a natural fit for employers to protect themselves with employment practices liability insurance coverage, specifically wage-and-hour policies that protect them from errors like misclassifying employees.
It is also prudent for employers to consider the purchase of employment practices liability insurance as a part of a well-rounded risk management plan.
Employment practices liability insurance was developed to respond to allegations of wrongful acts, such as wrongful termination, unlawful discrimination, and sexual harassment in the workplace.
While the intent may not be to discriminate against older workers, oftentimes there is a disparate impact against older workers because they are the people making the most money and receiving the greatest benefits," says Adeola Adele, national employment practices liability insurance leader at broker Marsh.
Employment Practices Liability insurance covers employers against a variety of employment related claims including but not limited to: discrimination, retaliation, harassment, wrongful termination, breach of employment agreement, employment-related misrepresentation, invasion of privacy, failure to promote, and negligent hiring.
Similar to standalone employment practices liability insurance policies, the insurer commonly has the duty of defense under D&O policies affording coverage for employment practices.
Unlike insurance coverage for, say, workers' compensation, employment practices liability insurance is not mandated by statute.
Weiss is a partner in the law firm of Holland & Knight LLP and is one of the nation's leading authorities on D & O and employment practices liability insurance.
The new guide covers developments in Employment Practices Liability insurance (EPLI) with information on punitive damages, investigating EPLI-covered claims, emotional injury and litigation of EPLI claims.
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