Insurance Provider Unveils Employment Practices Liability Product

October 8, 2007 ( - OneBeacon Insurance Group has announced it is making available Employment Practices Liability insurance to businesses with 50 or fewer employees.

A OneBeacon news release said the offering is currently available for its small-commercial policyholders in 23 states. The company will introduce the coverage in other states as it obtains individual state regulatory approvals.

According to the Canton, Massachusetts-based company, Employment Practices Liability insurance covers employers for allegations of wrongful termination, discrimination or harassment, including sexual harassment. It pays for liability damages and defense costs due to claims brought by full-time, part-time, temporary and seasonal workers, and job applicants.

“Federal and state laws set standards for treatment of employees that actually protect both workers and employers,” said Mike Keane, head of OneBeacon Small Business, in the news release. “Yet, because these laws can be very complex, it’s possible for even the most conscientious employer, or someone on their staff, to inadvertently violate their requirements – potentially leading to significant claims.”

The new program also includes a Web site, which is an online risk management tool designed to help employers avoid problems. OneBeacon customers also benefit from the skills of its claims staff and law firms that focus on employment law.

Through a OnePac package, according to the company, OneBeacon Small Business offers 14 programs that feature more than 360 classes: Apartment, Auto Services, Building Owner, Condominium, Contractor, Hotel/Motel, Institutional (Houses of Worship), Manufacturing, Office, Restaurant, Retail, Servicing/ Processing, Technology, Wholesaler/Distributor.