Risks Ahead. Is your firm covered for Employment Practices Liability?
Risks Ahead. Is your firm covered for Employment Practices Liability?
- The probability of a plaintiff receiving a favorable verdict in a jury trial involving an employment practices liability (EPL) claim exceeded 50% in 2012.
- The median jury verdict in a trial involving an EPL claim was $70,000; the mean verdict was $513,771.
- The amount of all verdicts in such cases ranged from $53 to $42.7 million.
EPL coverage is critical to protect your firm from the potentially large cost of employment litigation one minute from normal. Please contact a KMRD Partners relationship manager to determine if your firm has proper coverage.
Please contact your KMRD Partners relationship manager or e-mail us at contactus@kmrdpartners.com to review your organization’s occupational safety and health initiatives before one minute from normal strikes.
Complete the form below if you would like to have a discussion regarding your insurance needs.
