Insuring Against Wage and Hour Claims

Jan 16, 2020, 4:29 PM

(From Bolton & Company) With changes to wage and hour law going into effect in this new year, employers may be more likely to be sued for violations. When considering Employment Practices Liability Insurance (EPLI), consider these questions: 

  1. Do you have a separate sublimit for wage and hour claims? If so, what is it and what does it provide for? 
  2. Do you have the right to choose your counsel when dealing with an EPLI or wage and hour claim? If your organization has legal counsel on retainer that specializes in employment law, you can request that the carrier consider allowing "Panel" counsel, which operate solely in employment law, and agree to a certain fee schedule. 
  3. Does your policy have a per-claim and aggregated limit of coverage? Some carrier partners offer up to $10 million of coverage in this area of exposure.


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