EPLI Providers Turn Up the Heat

Topics:
Disability Insurance,
Health Insurance
Tags:
Business Operations,
Corporate Insurance,
Human Resources,
Insurance,
Society For Human Resource Management
Source:
Society for Human Resource Management

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Overview: Fast-rising premiums for employment practices liability insurance show the need for HR’s hand in reducing risk. This article is talking about employment practices liability insurance (EPLI)—a form of coverage virtually unknown 10 years ago but increasingly vital to businesses of all sizes for protection against costly employment lawsuits. Over the past decade, EPLI has become increasingly expensive for companies to carry—spurring the need for HR to help reduce the employment practices risks that EPLI covers. The trick for HR is to align the interests of the employer and the insurer as closely as possible when the policy is being written. Saving insurance for the catastrophic cases may be the best way to do that.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: HTML | Size: 40KB | Date: Apr 2002 | Pages: 1


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