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By Mark E. Ruquet, PropertyCasualty360.com |
March 25, 2011
While there is sizable demand from insureds for coverage against the increasing tide of wage-and-hour claims made under the Fair Labor Standards Act, carriers remain largely reluctant to write policies—fearing a good chance of losing their shirts if they do.
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By Susanne Sclafane, PropertyCasualty360.com |
June 21, 2010
Fear of wage-and-hour claims is escalating among buyers and sellers of employment practices liability insurance, with sellers' fears limiting EPLI solutions for small employers--and resulting in none at all for the largest ones, market participants report.
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By Susanne Sclafane, PropertyCasualty360.com |
June 18, 2010
Walmart may be the most frequent defendant named in wage-and-hour lawsuits, but insurers and pharmaceutical companies are also caught up in a maze of rules they didn't know applied to certain subsets of their workforce, experts say.
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By Susanne Sclafane, PropertyCasualty360.com |
June 18, 2010
Recap of the types of coverage for wage-and-hour exposures that are currently available:
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By Caroline McDonald, PropertyCasualty360.com |
March 31, 2010
Insurers have been slow to respond with coverage for wage-and-hour lawsuits that have been an escalating threat to companies of all sizes over the past decade, Advisen Ltd. said in a new study.