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TO BUSINESS, LABOR, AND LEGAL AFFAIRS EDITORS:
Capital Insurance Group Rolls Out Employment Practices Liability
Coverage to Business Owner Policies
MONTEREY, Calif., March 5, 2014 /PRNewswire/ -- As of March 1, 2014,
Capital Insurance Group@ (CIG) will have expanded its comprehensive
Employment Practices Liability Insurance (EPLI) option to include
business owner policies (BOP). The expanded policy option offers
protection for organizations with up to 250 employees with a limit of
$1 million. Organizations with 50 employees or less are covered up to
$250,000 and are not required to submit an application. CIG EPLI also
provides complementary resources, including "best practices"
information, a legal advice hotline and optional third party coverage.
"We are proud to be able to extend this important, potentially
business-saving coverage to our business owner policies. If a business
owner has or is considering hiring employees, they are exposed to risk
and should protect themselves," said Ken Stewart, CIG Commercial Lines
Director. "Our EPLI provides broad coverage and helpful loss
prevention information. If a claim or allegation arises, we offer full
prior acts protection and the added enhancement of legal counsel for
our clients. Any litigation process can be unpleasant, but having EPLI
coverage can mean the difference between bouncing back and shutting
your doors."
EPLI provides protection for an employer against claims made by
existing, former or prospective employees and covers a wide span of
employment-related allegations. Third Party Coverage is also available
and includes by definition "Tenants" as third parties. The CIG product
also provides Full Prior Acts protection for liability and defense
costs arising from employee lawsuits alleging:
-- Wrongful Termination Disciplinary Actions, Negligent Evaluations
-- Harassment Sexual, Slander and/or Libel, Emotional Distress or
Stress
-- Discrimination Failure to Employ, Deprivation of Opportunity and
others
"Beyond the EPLI coverage itself, CIG provides access to free
resources, like model employee handbooks, training modules, and
information documents on relevant, new legislation, that help small
businesses mitigate risk and utilize sound employment practices," said
Mark Ohlstrom, CIG Risk Assessment and Loss Control Manager. "These
complementary tools are part of our ongoing, total commitment to
reducing risk and protecting small businesses."
EPLI coverage for BOP and for the existing Commercial Package policies
are now available in Arizona, California, Nevada, Oregon, and
Washington.
About Capital Insurance Group Capital Insurance Group@ (CIG) is the
leading regional property and casualty insurer serving the Western
U.S. since 1898. CIG insures Personal Auto, Homeowners, Farmowners,
Condo Owners, Vacation Property, Renters, Apartment Building Owners,
and many kinds of Commercial and Agricultural Auto and Property. The
more than 115 year-old company is rated "A" (Excellent) by A.M. Best,
the independent financial monitor of the insurance industry. CIG
manages personal, business, and agriculture risks underwritten by its
affiliate companies: California Capital Insurance Company, Eagle West
Insurance Company, Nevada Capital Insurance Company, and Monterey
Insurance Company. Types of policies may vary from state to state. For
more information, please visit www.CIGinsurance.com CIG Delivers More.
Continuously.T
SOURCE Capital Insurance Group
-0- 03/05/2014
/CONTACT: Alex Nietrzeba, Purdue Marion & Associates, 702-222-2362; or Sandie Borthwick, Capital Insurance Group, 831-233-5372
/Web Site: http://www.ciginsurance.com
CO: Capital Insurance Group
ST: California
IN: FIN INS WRK
SU: PDT SBS
PRN
-- LA77475 --
0000 03/05/2014 17:29:00 EDT http://www.prnewswire.com
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