5 Regulatory Changes that Could Increase Your EPL Risk. Insureds Need to Prepare Now
Employment practices liability has always been a significant exposure for both public and private companies, but recent social movements have intensified the risk.
Consumers are keeping a close watch on corporations to ensure they treat employees fairly. In addition to costly lawsuits for discrimination or harassment, companies could also face severe reputational damage.
Now the regulatory compliance bar is being set even higher. Various states are adopting legislation to enforce stricter standards that consumers already expect companies to uphold.
Here are five regulatory changes that are increasing employment practices liability risk for companies across the country:
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