Companies and businesses over the last several years have seen a spike in employment practices claims. This is partially due to the proactive stance the EEOC has taken on behalf of employees that allege discrimination, sexual harassment, wrongful termination and other employment violations. There has also been a significant increase in wage-and-hour lawsuits over the last few years.
Furthermore, even when a business takes measures to make sure they are in compliance, things can go wrong with employees feeling they have been discriminated against, paid unfairly, harassed or simply made uncomfortable at work. These circumstances often lead to employee claims against the company with monetary damages sought.
Employment Practices Liability Insurance (EPLI) from Roanoke Trade can provide the indemnification your company needs to properly protect itself against these types of claims. This insurance is designed to cover legal fees, settlements and damage awards that result from employee allegations claims of misconduct against your company’s employees and managers. Some insurers will even cover the costs of investigations and legal fees associated with regulatory actions. Keep in mind that General Liability insurance and Directors and Officers insurance don’t cover claims of employment practices wrongdoing.
All Your Business Insurance Needs Are Covered with Roanoke Trade
Roanoke Trade knows the transportation and logistics industry. That’s what we do. We have the expertise, experience and products to protect your operation, employees and financial assets along with the goods in your care and custody for the clients you serve. Find out how we can provide you with the insurance programs you need to be properly protected. Please contact us at 1-800-ROANOKE or complete the Contact form located above.