White Paper

5 Regulatory Changes that Could Increase Your EPL Risk. Insureds Need to Prepare Now

Legislators are holding companies to a higher standard when it comes to diversity, anti-harassment and anti-discrimination practices. Non-compliance can result in costly lawsuits, damage to corporate reputation and rising insurance rates.

White Paper Summary

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:

To learn more about Nationwide, please visit their website.

Nationwide, a Fortune 100 company, is one of the largest and strongest diversified insurance and financial services organizations in the U.S. and is rated A+ by both A.M. Best and Standard & Poor’s.

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The R&I Editorial Team can be reached at [email protected]