EPLI

Lawsuit Claims Purdue Pharma Made Billions from Opioid Crisis, Putting Company and its Officers at Risk

From 2008 to 2016 the Sackler family, which controls Purdue Pharma, received more than $4 billion in profits by aggressively marketing and selling OxyContin, despite several lawsuits and full awareness of the drug’s highly addictive properties, according to a lawsuit filed by Massachusetts Attorney General Maura Healey on January 31. The lawsuit alleges members of…

Insuring Santa Claus

From his bustling workshop to his nine loyal reindeer, Santa Claus operates one of the most complex enterprises in the world. That level of global intricacy requires an expert review of risk management strategies. “There are a number of insurance products that I would think Santa would have in place,” said Chris Zoidis, Corporate Executive…

Allegations Against Tom Brokaw Illustrates Need for Liability Coverage

Longtime NBC News anchor Tom Brokaw is the most recent celebrity to be accused of sexual misconduct, although he denies the claims. This latest example of the #MeToo era Americans live and work in is prompting organizations to ask whether their insurance policies protect their executive team and employees from accusations of sexual harassment. The insurance…

Recent Motor Coach Accidents Show Potential Risk in Transporting Employees and Clients

If using a company-owned or third-party vehicle to transport employees, clients, students or any large group of people, it is important to understand what the potential financial loss could be in the event of an accident. Over the past several days, bus accidents that resulted in varying degrees of personal tragedy have occurred from Canada…

Employee vs. Contractor: Employment Practices Liability

How to make sure your clients are protected with EPLI Hiring contractors as opposed to full time employees is a rising trend. According to Forbes, freelancers now make up 35 percent of the U.S. workforce1. Although this staffing approach provides business owners with greater flexibility and lower costs, it can also lead to unrest within…

4 Questions to Ask When Developing a Comprehensive EPLI Policy

A business is three times more likely to be sued by an employee than experience a fire. In fact, over the last 20 years, employee lawsuits have risen nearly 400 percent, with wrongful termination suits jumping up more than 260 percent. Protecting your clients from wrongful acts arising from the employment process can be as…

Protecting professionals

Protecting Professionals: A New Exposure for Lawyers, Agents and Cyber Risks Demand Bold Solutions

Thanks to their education, training and experience, professionals in a wide range of fields tend to be successful, respected members of their communities who enjoy excellent reputations and comfortable lifestyles. Whether advising clients, representing them, or performing services on their behalf, professionals generally do so with good intentions and most often procure favorable or expected…