Executive Liability

All employers need to face the reality that they will be the target of legal action from past, present, and prospective employees. Consider these facts:

  • Employer defendants lose 60% of litigated cases
  • The average amount paid for an out-of-court settlement is $40,000
  • Defense of the average Executive Liability case, through trial, costs $450,000
  • The median verdict in an Executive Liability case is $167,000

With both the number of cases and defense and settlement costs on the rise, employers should take a serious look at protecting themselves with Executive Liability coverage.

Some coverage areas include:

  • Sexual Harassment
  • Discrimination
  • Wrongful Termination
  • Disabilities
  • Drug Testing
  • Statute Violation
  • Negligent Hiring
  • Libel
  • Negligent Supervision, Promotion and Retention
  • Breach of Contract
  • Loss of Consortium
  • Emotional Distress
  • Invasion of Privacy
  • Slander

For more information on how you can protect yourself from an Executive Liability claim, call 1-800-632-2911.