Despite lack of HR departments, small firms might actually be better risks
Employment practices liability insurance is not just for big companies anymore. Indeed, a recent announcement of price reductions of up to 40 percent by NAS Insurance Services in Encino, Calif., created some buzz that the under-500 employee market for EPLI coverage consists of much better risks than once imagined.
Rich Robin, executive vice president at NAS–which writes on Lloyd's paper–tried to put the 40 percent figure in perspective, noting that it was calculated off of inflated California rates and did not include all classes or all states.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
