wage and hour claims under the FLSA. Many of these endorsements do not provide indemnification and only provide coverage for defense costs, which can easily escalate and total in the millions of dollars. Although coverage of defense costs is of great benefit, policyholders must appreciate and understand the scope of exactly what type of coverage they are purchasing for FLSA claims and wage and hour lawsuits. As emerging technologies introduce new risks, and as wage and hour class actions proliferate, the hospitality industry finds itself with an ever-expanding target on its back. Consequently, hospitality businesses have an increasing need to look to EPLI coverage for these growing potential liabilities. Although many aspects of EPLI policies are suited to meet the emerging trends and claims in employment litigation, policyholders can only maximize their EPLI coverage through a full analysis of available policies and understanding of the terms of their current coverage. Darin J. McMullen is a shareholder in the Philadelphia office of Anderson Kill. Mr. McMullen’s practice is concentrated in representing corporate policyholders in obtaining insurance recovery in complex coverage claims. He is also a member of Anderson Kill's Financial Services Industry group, Hospitality Industry Practice group, as well as the firm's Cyber Insurance Recovery group.Mr. McMullen represents policyholders in a wide variety of first and third-party coverage matters including property loss, business interruption claims, bad faith claims, EPLI insurance coverage, D&O and E&O claims, as well as construction-related coverage disputes. For more information, analyses, and solutions, and our blog.
wage and hour claims under the FLSA. Many of these endorsements do not provide indemnification and only provide coverage for defense costs, which can easily escalate and total in the millions of dollars. Although coverage of defense costs is of great benefit, policyholders must appreciate and understand the scope of exactly what type of coverage they are purchasing for FLSA claims and wage and hour lawsuits. As emerging technologies introduce new risks, and as wage and hour class actions proliferate, the hospitality industry finds itself with an ever-expanding target on its back. Consequently, hospitality businesses have an increasing need to look to EPLI coverage for these growing potential liabilities. Although many aspects of EPLI policies are suited to meet the emerging trends and claims in employment litigation, policyholders can only maximize their EPLI coverage through a full analysis of available policies and understanding of the terms of their current coverage. Darin J. McMullen is a shareholder in the Philadelphia office of Anderson Kill. Mr. McMullen’s practice is concentrated in representing corporate policyholders in obtaining insurance recovery in complex coverage claims. He is also a member of Anderson Kill's Financial Services Industry group, Hospitality Industry Practice group, as well as the firm's Cyber Insurance Recovery group.Mr. McMullen represents policyholders in a wide variety of first and third-party coverage matters including property loss, business interruption claims, bad faith claims, EPLI insurance coverage, D&O and E&O claims, as well as construction-related coverage disputes. For more information, analyses, and solutions, and our blog.
Is-Your-Employment-Practices-Liability-Insurance-Covering-the-Right-Risks.docx