It’s your business...Protect it. Your employees are your greatest asset. You know and trust your employees. You expect your employees to work hard to help grow your business. But it doesn’t always work out. They are also your greatest threat for lawsuits. You may have to make that tough call to fire an employee. Or an employee may get angry and quit —and sue you. There are many laws in place to protect employees and many law firms dedicated to employee litigation. The cost can be in the millions, even for a small business. Are you insured to best protect you and your business? You have worked hard to build your business. Protect it with Employment Practices Liability Insurance from ABA Insurance Services and XL Insurance—a complete package of coverage and services designed to protect you and your business from employment-related lawsuits and to help prevent claims. Employment Practices Employment Practices Liability Insurance Serviced by ABA Insurance Services Inc. Liability Insurance Serviced by ABA Insurance Services Inc. Contact your independent agent or broker Designed to protect your business for more information. from employee lawsuits “XL Insurance” is the global brand used by XL Group plc’s (NYSE:XL) insurance companies. Coverages are underwritten by Greenwich Insurance Company, an XL Global company. Coverages not available in all jurisdictions. Formerly a division of Progressive, ABA Insurance Services Inc. is a managing general underwriter and the exclusive service provider of Employment Practices Liability Insurance from XL Insurance for small businesses. (06/10) Employment Practices Liability Insurance from ABA Insurance Services and XL Insurance offers broad coverage to businesses like yours at affordable prices. You need protection. You need EPLI from ABA Insurance Services Today, more businesses like yours are being hit with and XL Insurance. employment lawsuits. You are more likely to have an Formerly a division of Progressive, ABA Insurance Services employment claim than a property or general liability claim. is now an independent program manager offering important Claims can be brought by employees, applicants, customers protection for your company exclusively through your or clients alleging harassment, discrimination or other independent agent or broker. allegations against your business. XL Insurance is an “A” rated (A.M. Best) insurance carrier, Can you afford a costly payout or expensive lawsuit? specializing in coverages for businesses like yours. Few small businesses can afford the high costs associated with an employment claim. With the combined strength of ABA Insurance Services and — FACT: The median jury award in employment XL, we can provide you with: 1 cases was $327,000 in 2008. — Affordable premiums — FACT: Typical attorney fees, if an employment 2 — Specialized coverage to protect you as an employer case settles prior to trial, are $100,000. Legal consultation services and HR — CONSIDER THE TYPICAL DEFENSE COSTS— materials available to you free of charge. Ask your independent agent or broker for Administrative Charge Against your Business Defense of an Equal Employment $4,000 – $7,000 The nation’s leading employment law firm, Littler Mendelson, a quote today. Opportunity Commission or P.C., provides a variety of legal services free of charge, By simply providing the following information to your Administrative Charge. including: independent agent or broker, they should be able to provide Lawsuit Filed Against your Business — Confidential consultation with a Littler Mendelson you with a quote within a few minutes. Answer to lawsuit filed. $12,000 – $18,000 attorney via toll-free hotline. — Number of employees. Begin discovery of evidence. — Online access to a sample employee handbook with — Terminations and layoffs as a percentage of your Pretrial filings and preparation $20,000 – $30,000 These include additional motions recommended policies and procedures, and legally workforce. and responses, excessive document compliant employee forms and documents that analysis and review, written case include employment applications, offer letters, I-9 — Claims or threats of claims by employees within the evaluations or status reports, and last three years. guidelines, performance evaluations and termination settlement-related matters. checklists. — Confirmation of written employee policies, including Mediation $10,000 – $15,000 — Employment law news alert via e-mail. anti-discrimination and harassment policies. Motion for summary judgement filed $8,000 – $12,000 Includes reply brief. — Current Employment Practices Liability Insurance. Trial $15,000 – $25,000 AND, if you do not prevail in trial, you can incur It’s that simple. significant costs of a verdict against you. 1. Jury Verdict Research Employment Practice Liability: Jury Award Trends and Statistics, 2009 ed. 2. ABA Insurance Services’ survey of employment cases.
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