Is it love or sexual harassment? In a CareerBuilder poll released in 2013, 39 percent of workers said they have dated a co-worker at least once over the course of their career. Thirty percent of those who have dated a co-worker said their office romance led them to the altar. It’s the ones that don’t...
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Letters of Recommendation: Employment Practices Liability Do’s and Don’ts
References and letters of recommendation can be a damned-if-you-do and damned-if-you-don’t situation for employers. Damned if you do… Fear of defamation lawsuits brought by former employees has altered the way employers provide job references. Companies have no legal obligation to provide prospective employers with information on their former employees. Because employers have been found liable...
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Data Loss: Do You Have Insurance?
Data. You store it on company computers and networks. Employees can access it at home or on the road. You might even have data “in the cloud,” in facilities you don’t own or control. And it’s the lifeblood of your organization. How good is your data loss prevention? As with most things, insurance should be...
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Professional Liability Insurance Versus Errors & Omissions
What do an ice sculptor and a real estate agent have in common? If they have insurance to protect themselves from the costs of mistakes they make in the course of providing their services, they likely have errors and omissions (E&O) coverage. The commercial general liability policy does not cover professional liability. So your doctor...
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Understanding D&O Insurance
What keeps directors up at night? Many worry about personal liability from their board service. In a 2011 survey, 76 percent of CEOs surveyed said they were not confident for-profit boards had adequate insurance coverage, and 70 percent said the same about nonprofit boards. Only 59 percent of respondents said their board had directors and...
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D&O Basics
Wealth and high community profiles make executives more vulnerable to lawsuits than other individuals. Typical claims against directors and officers include employment-related liability, such as discrimination, harassment and wrongful termination; mismanagement of assets; and failure to provide services. State law or your corporate bylaws might require corporations to “indemnify,” or reimburse, directors and officers for...
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How to Get Sued By Your Employees in 10 Easy Steps
Owners of small businesses may unintentionally violate employment laws just by trying to be flexible or nice. The Small Business Administration (SBA) shares ten of the most common mistakes and suggestions on how to avoid them. The SBA based its list of ten common mistakes on a study by the California Chamber of Commerce on...
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