Employment practices liability (EPL) presents an ever-increasing source of corporate legal liability. Employment-related litigation represents a huge cost of doing business across the corporate world, a cost that appears to be increasing each year. This session will discuss the various sources of such liability, examine the way in which employment practices liability insurance (EPLI) is underwritten to cover these exposures, and provide a number of methods for reducing the exposure to employment-related claims. The session will provide a detailed look at the specific coverage terms within EPLI policy forms, including covered persons/organizations and covered acts provisions. It also will discuss third-party liability coverage, along with “damages” and “claim” definitions, claims management, defense cost, and “special conditions.” The session will conclude with an analysis of exclusions and coverage triggers contained within the policies.
Upon completion of this session, you should be able to:
Course #220437 | 7 P&C | Instructor: Bill Bolling
August 11, 2020 (8:30am-4:30pm)