Business leaders are forced with making impossible decisions as a result of the COVID-19 pandemic. Not just decisions about keeping their doors open, but decisions ranging from hiring and firing employees, to compensation, and how to provide safe work conditions during these unprecedented times. Unbeknownst to many employers, these difficult decisions are putting their business at risk for an Employment Practices Liability Insurance (EPLI) claim. As employment-related lawsuits are on the rise for employers of all sizes, it is critical for employers to understand these exposures in order to manage the risk of an EPLI claim.
The most common employment practices-related lawsuits today include Sexual Harassment, Discrimination, Wrongful Termination, and Retaliation after an objection to unsafe work conditions. These claims can disrupt business, harm your reputation, and could ultimately have a significant financial impact. Here are some effective risk management strategies to reduce your company’s liability:
To truly protect your organization, it is crucial to purchase Employment Practices Liability Insurance. EPLI provides the necessary resources to defend your company against a lawsuit, or to pay damages. As with all your insurance and risk-management needs, AssuredPartners is committed to assisting you in assessing your employment-related policies and helping you to develop best practices solutions. Contact our team of senior living professionals to learn more.
For senior living facilities, disasters—whether natural or man-made—can disrupt care and impact vulnerable residents, making it necessary to have detailed and up-to-date emergency plans. Our recent...
In senior care, nutrition plays a pivotal role in maintaining the quality of life for residents. Our recent webinar, led by Laura Hubbard, a seasoned dietitian with over 30 years of experience in...
Senior living facilities face some unique risks, particularly when it comes to elopement incidents. Elopement, which occurs when a resident leaves a facility without authorization or supervision, can...