Claims against employers for alleged discrimination, harassment, wrongful termination and retaliation continue to rise; costs of claims are up due to increased litigation in society, broader definitions of liability, plaintiff-friendly legal decisions and litigation funding for plaintiffs; and because of all this, Employment Practices Liability coverage is more important than ever.
$700 million
were recovered by EEOC in Fiscal Year 2024, which is the highest amount in recent history
88,531
new discrimination claims were received by EEOC in Fiscal Year 2024; up 9.2% from 2023
30%
of employers were sued by their employees in the past 12 months
40%
of all employment lawsuits were brought against small businesses with under 100 employees last year
45%
of Americans experienced age discrimination — making it the most commonly experienced form of discrimination in the U.S.
92%
of people feel settling disputes before trial is important; more than half of these people (56%) say it has become moderately or significantly more difficult to do so over the past year
45%
of survey respondents were involved in employment law and labor disputes last year
In today’s world, purchasing Employment Practices Liability is essential, and we are here to provide to comprehensive solutions for your clients. Reach out to us to learn more about our professional offering or get a quote today!
Get a quote fast — your way
ONLINE SNAP.USLI.COM
PHONE 888-773-8754
EMAIL PROFLINES@USLI.COM
