What types of companies face the greatest risk of EPL charges and lawsuits?

Financially sound ones, according to Jack McCalmon, a partner with the law firm Titus, Hillis, Reynolds, Love, Dickman & McCalmon, PLC, giving a response that stood in contrast to insurance brokers and underwriters, who pointed to characteristics like industry class or prior claims experience.

"The company that is at its highest risk is the one that is financially solvent, but is laying off [employees] and not using severance agreements," he said.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

E&S/Specialty