protect your small business from claims of retaliation...liability (epl) insurance how can you...

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Protect your small business from claims of Retaliation Paying for retaliation claims like these could be a significant financial hit for small employers. © 2016 The Hartford Steam Boiler Inspection and Insurance Company. All rights reserved. In 2015 the Equal Employment Opportunity Commission 2 : retaliation cases 3,359 Settled monetary benefits for retaliation $178.3M Recorded retaliation claims 39,757 Received Which means a lot of potential for retaliation claims against small businesses. The U.S. has... 56.8 million small business employees 1 5.8 million small businesses 1 and Train managers and employees in applicable laws and policies Follow changes and updates in laws and employment regulations Cover your business with Employment Practices Liability (EPL) insurance How can you protect your small business from retaliation claims? Sources: 1 U.S. Census Bureau 2 EEOC 2015 Charge Statistics 3 HSB Claims Data These types of claims are frequently made against employers. It’s when employees or applicants allege they were punished for claiming discrimination, or for participating in a discrimination proceeding. The costs can be high 3 : What’s retaliation? A successful legal defense averages $10k Losing a claim averages $27k–$54k

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Page 1: Protect your small business from claims of Retaliation...Liability (EPL) insurance How can you protect your small business from retaliation claims? Sources: 1 U.S. Census Bureau 2

Protect your small business from claims of

Retaliation

Paying for retaliation claims like these could be a significantfinancial hit for small employers.

© 2016The Hartford Steam BoilerInspection and Insurance Company.All rights reserved.

In 2015 the Equal Employment Opportunity Commission2:

retaliation cases

3,359Settled

monetary benefitsfor retaliation

$178.3MRecorded

retaliation claims

39,757Received

Which means a lot of potential for retaliation claims againstsmall businesses.

The U.S. has...

56.8 millionsmall business employees1

5.8 millionsmall businesses1

and

Train

managers and employeesin applicable laws andpolicies

Follow

changes and updatesin laws and employmentregulations

Cover

your business withEmployment PracticesLiability (EPL) insurance

How can you protect your small business from retaliation claims?

Sources: 1 U.S. Census Bureau2 EEOC 2015 Charge Statistics3 HSB Claims Data

These types of claims are frequently made against employers.

It’s when employees or applicants allege they were punished for claiming discrimination, or for participatingin a discrimination proceeding.

The costs can be high3:

What’sretaliation?

A successful legaldefense averages

$10k

Losing a claimaverages

$27k–$54k