Skip to content

EPLI

New Hybrid Pension Plan in California

New California state and local government employees would be covered under a hybrid pension program under a proposal announced by Gov.Brown. The proposal would create a pension plan with elements of defined benefit and defined contribution plans and would also raise to 67 the retirement age for new government employees. The normal retirement age for state and local government employees is 60, though some can retire as early as 55 with full benefits. Mr. Brown said in a speech at the statehouse in Sacramento that the plan would save the state about $0.900 billion a year and that similar savings… Read More »New Hybrid Pension Plan in California

California Pregnancy Disability Coverage

A new California law will require employers to extend health insurance coverage for up to 16 weeks to employees classified as disabled due to pregnancy, childbirth or related medical conditions. The measure, S.B. 299, which governor signed into law last week with the effective date of 01/01/2012, states that employers continue health care coverage for up to 16 weeks to disabled pregnant employees on the same basis as prior to the employee taking disability leave. In certain ways, the California law mirrors the 1993 U.S. Family and Medical Leave Act, but there are several key differences. The federal law mandates… Read More »California Pregnancy Disability Coverage

Insuring Against Employment Discrimination Claims

Employers commonly obtain insurance to protect themselves against the numerous claims that might be made against them that arise in the course of doing business. The more traditional of these insurance policies are comprehensive general liability (CGL) and directors and officers (D&O) policies. Employers, concerned about liability for their employment decisions, including liability for unlawful employment discrimination, increasingly have begun to look for more effective insurance coverage against such claims, because of the mixed results in coverage under the more traditional D&O and CGL policies. The move toward insurance against employment discrimination claims is fueled not only by the growing… Read More »Insuring Against Employment Discrimination Claims

EPLI Coverage

When shopping for EPLI coverage (Employment Practices Liability Insurance covers businesses against claims made by workers who allege that their legal rights as employees of the company have been violated) make sure to pay close attention to the following factors: 1. Check more Markets Admitted & Non-Admitted. Usually, admitted markets provide better coverage for the less premium; however, it these may not be always available for your operations. 2. Low Minimum Premium – it’s good when you don’t have to pay arm and leg upfront. 3. Broader Coverage: look for a package policy with D&O (*directors and officers), Fiduciary & Crime 4.… Read More »EPLI Coverage

Non-Profit Management Liability (D&O / EPL / Fiduciary Liability)

In addition to the full complement of HR helpline services available to policyholders, we have been a consistent, steady market for Non-profit D&O and related coverage for over 6 years. We can provide coverage for virtually all classes of business, including nursing homes, water districts, airport authorities and social service organizations. We can work from any carrier’s application, turnaround time is about a day, and policy issuance usually happens within a day. We offer A+ A. M. Best security from Old Republic Insurance Company, defense costs outside the limits, and no emotional distress or mental anguish exclusion of any sort.… Read More »Non-Profit Management Liability (D&O / EPL / Fiduciary Liability)

Low Deductibles for Medical Practice EPLI Insurance

For medical risks seeking employment practices liability coverage, we offer $2,500 SIR, competitive premiums, and provide policyholders with access to risk management tools and resources.  The broad policy definition of employees includes locum tenens. Stand alone D&O is offered for a small additional premium.  Wage and hour defense coverage is also available.