Do I need Employment Practices Liability Insurance (EPLI)
Posted: October 10, 2019
Many employers are unaware of employment laws and the fair labor standards act. Here is an example of why all employers need this coverage. The U.S. Department of Labor has ordered a popular New Orleans restaurant to pay $238,000 in back wages to 222 employees who weren’t properly paid for overtime work. News outlets report an agency investigation determined Superior Seafood and Oyster Bar violated...
Top ten reasons to buy Employment Practices Liability (EPLI)
Posted: August 1, 2019
My name is Anthony Pomilla, President of LPL Risk Management. Our goal is to provide sound Risk Management techniques to help our clients save money, protect their business, clients and employees. EPLI coverage is an important part of that. Here are some good reasons: 1. EPL covers not only actual but also alleged acts of discrimination, harassment, retaliation, wrongful termination and other similar acts. 2....
Small Business Insurance Basics
Posted: August 22, 2013
Insurers often combine a number of insurance coverages into a package that is sold as a single contract. The most common policy for small businesses is the Business Owners Policy (BOP). The BOP combines coverage for all major property and liability insurance risks as well as many additional coverages into one package policy suitable for most small businesses. The term “BOP” specifically refers to insurance...
