Keep pace with today’s business world and the pivotal issues impact your commercial lines insurance clients with news and information about industry trends, best practices, emerging risks, and recovering from major losses.
The use of social-media sites—Facebook, YouTube, Twitter—has surged at a record-breaking pace over the past few years, and they are now used by employees and employers in almost every workplace—a development that has opened new vehicles for harassment, discrimination and employment-related defamation.
As demonstrated by the case of Lilly Ledbetter, which spawned the Fair Pay Act of 2009, what appears a non-issue today might not be tomorrow. This makes the purchase of employment practices insurance vital for small and midsize businesses, according to Burns & Wilcox Manager Dick Weaver
While proposed statutes may fuel an increase in lawsuits against employers who allow bullies to work for them, right now it’s not illegal to be a jerk at work, according to employment practices liability experts.
The use of social-media sites has surged at a record-breaking pace over the past few years, and they are now used by employees and employers in almost every workplace—a development that has opened new vehicles for harassment, discrimination and employment-related defamation.
Employers and their insurers will have a new tool, grounded in the science of human behavior, available to assess an organization’s vulnerability to employment practices liability lawsuits when Montage Analytics officially rolls out its EPL Risk Index later this year.
What are the most relevant factors that make businesses vulnerable to significant damages from employment practices risk? Kathleen Long, co-founder and CEO of Montage Analytics, which is rolling out the EPL Risk Index later this year, says employees’ perceived lack of “organizational justice” and poor employee appraisal processes are among...
What are the most relevant factors that make businesses vulnerable to significant damages from employment practices risk? Kathleen Long, co-founder and CEO of Montage Analytics, which is rolling out the EPL Risk Index later this year, says employees’ perceived lack of “organizational justice” and poor employee appraisal processes are among...
Nearly 150 people died 100 years ago during a fire at a garment factory in New York City. From their deaths was born workers’ compensation insurance and safety reforms still used by property insurers today.
No matter where one stands on the issue of global warming, there are practical reasons for producers to embrace the environmental revolution—not least of which is the chance to grow their books.
In the wake of a magnitude 9.0 earthquake that struck Japan on March 11, with insured-loss estimates reaching as high as $35 billion, analysts and rating agencies fell on either side of the debate about whether the event will cause a turn in the long-running soft-market cycle.