May 2010: D&O liability, employment practices liability
NEWS
Wal-Mart's lawsuit woes increase
A federal appeals court has certified the largest class-action employment lawsuit in U.S. history over alleged gender bias in pay and promotions, following an $11.7 million settlement with the EEOC. Read more here.
Goldman Sachs litigation update
The CEO and other officers are accused in a shareholder lawsuit, SEC files civil fraud charges and the bank said it expects more. Read more here.
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FEATURES
Avoiding HR lawsuits in a shaky economy
Layoffs and terminations can lead to suits ranging from age discrimination to wrongful termination, and many employers are facing new legal challenges as an onslaught of baby boomers trigger a new wave of age-bias lawsuits. Read the web exclusive here.
The rising tide of EPLI
With the U.S. economy still struggling out of the lowest levels since the Great Depression, a record number of American workers are suing former and current employers alleging job discrimination. Learn how to help your commercial clients protect themselves from this May feature story. Read more
here.
Hijacking D & O coverage
The increase in business bankruptcies can have the unintended impact of putting D&O coverage at risk. Learn what policy revisions can protect your clients in this May feature story. Read more
here.
Employment liability at home?
According to the U.S. Dept. of Labor, there were 917,120 maids and housekeepers employed in 2008. Household employers who hire residential employees should be aware of the potential risks associated with becoming an employer, because domestic employees can sue for sexual harassment, wrongful termination or employment discrimination. Read more from this "Getting Personal" article
here.
Market Directory: D&O/EPL Insurance
Check out the insurers, managing general agencies and wholesalers specializing in D&O liability and employment practices liability. Listings include All Risks, Burns & Wilcox, CNA, Great American Insurance Group and more. Read more
here.
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