Employment Practices Liability
• According to USA Today, an estimated 550 employment lawsuits are filed in the United States every day.
• 41% of employment claims are against employers with 100 or fewer employees.
• Employer defendants lose 60% of litigated cases.
• The average amount paid for out-of-court settlement is $40,000.
• Defense of the average EPLI case, through trail., costs over $45,000.
• The median compensatory award in EPLI cases is $218,000.
• Of the employment EPLI claims that reach the trail stage, 20% result in an award to the plaintiff of $1,000,000. or more.
• Why not give us a call at 888.GWI.RISK? One of our Professional Liability Specialists will be happy to discuss the specifics of your situation with you!