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Specialty Coverages

Employee Practices Liability Insurance

Employment practices claims have become commonplace for companies of all sizes, and even "routine settlements" in these claims can bankrupt growing businesses. Meanwhile, recent U.S. Supreme Court rulings impose greater liability on employers in discrimination lawsuits. These rulings, experts agree, mandate an affirmative defense in certain employment lawsuits--including proof that reasonable care was taken to "prevent and correct" unlawful behavior.

This coverage is designed for the wide variety of claims commonly brought against private companies by employees, including lawsuits alleging wrongful termination, discrimination, harassment, retaliation, and other employment practices violations.

Directors and Officers Liability Insurance

Directors and officers of publicly and privately-held companies along with the entity(ies) they represent are finding themselves under fire in lawsuits from numerous constituents, including employees, shareholders, customers, government bodies, and others. Despite this alarming trend, many private company directors and officers continue to underestimate the risks they can face when taking on management responsibilities. Their quest to contribute to the company's bottom line by dealing with day-to-day operations or making general business decisions can leave them more vulnerable to lawsuits. Moreover, these lawsuits can have a particularly severe impact, since the owner's personal net worth is often tied directly to the long-term financial health of the company.

Fiduciary Coverage

The individuals who administer employee benefit plans are subject to personal liability under ERISA, the federal law that governs employee benefit plans. Plan fiduciaries can never fully insulate themselves from liability from ERISA although a fiduciary policy can offer relief.

Professional Liability Insurance

Protects you against loss from a claim of alleged negligent acts, errors, or omissions in the performance of your professional services. This might include loss of client data, software or system failure, claims of non-performance, or negligent oversell.

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