Average range of defense costs: $200,000 – $300,000
Timeline for resolution of employment litigation: 18-24 months
Add those numbers to the whopping 91,503 charges of workplace discrimination received by the U.S. Equal Employment Opportunity Commission (EEOC) in 2016 and ask yourself if you feel safe as an employer.
We can’t prevent a lawsuit, but we can ensure that you don’t pay the price for insufficient coverage. Employment Practices Liability insurance covers wrongful acts arising from the employment practice and protects companies from claims made by employees on a first and third-party basis.
Even the best employers get sued. Contact us for our complete arsenal of Professional Liability insurance products.
Wrongful Employment Acts
• Sexual Harassment
• Wrongful Termination
• Failure to Employ or Promote
• Wrongful Discipline
• Breach of Contract
• Negligent Evaluation
Top 5 2016 EEOC Discrimination Claims
• Retaliation: 42,018
• Race: 32,309
• Disability: 28,073
• Sex: 26,934
• Age: 20,857
Reprinted with permission – All Risks , Ltd