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Employment Practices Liability Statistics

Some businesses may consider going without Employment Practices Liability (EPL) coverage to save money.

 

Others mistakenly assume they are covered under their general liability policies, which most often have a standard exclusion for employment practices liability exposures.

 

Unfortunately, those businesses that suffer the consequences of an employment-related lawsuit are the very ones that can least afford the potentially debilitating costs that can result from even a single EPL claim.

 

 

Consider the facts:

  • The average cost of an EEOC lawsuit in 2010 exceeded $270,000

 

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  • The Equal Employment Opportunity Commission (EEOC) recorded nearly 100,000 charges in 2010 - a record high and a 7% increase from 2009

 

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  • For the first time ever, retaliation charges were the most frequently filed charge in 2010. Charges increased 68% between 2000 and 2010
  • The EEOC reported significant increases in Americans with Disabilities Act (ADA) and Genetic Information Nondiscrimination Act (GINA) charges