|LEXINGTON INTRODUCES EMPLOYMENT PRACTICES LIABILITY COVERAGE FOR HOSPITALITY INDUSTRY|
|BOSTON, February 15, 2000 – Lexington Insurance Company has introduced EPL Hospitality SelectSM, employment practices liability insurance coverages* and value-added risk management services tailored specifically to the lodging, gaming and restaurant industries.|
“With factors such as significant unmonitored interaction between employees and between employees and customers, the hospitality industry is very susceptible to employment practices liability risks,” said Paul Cunningham, Lexington's E.P.L insurance manager. “EPL Hospitality Select is a tailored EPL product and integrated risk management program that provides hospitality industry insureds with an easy to implement program that not only provides insurance coverage, but also helps in reducing exposures and mitigating claims.
EPL Hospitality Select offers “full” prior acts coverage, and third party coverage for non-employee claims, including employment practices claims brought by patrons or vendors. The policy definition of “employee” can be extended to include independent contractors, such as subcontracted cleaning, food vendor and security services. Punitive damages coverage is also provided. Coverage is automatic for acquisitions if the employee total of the acquired company is less than 20 percent of the employee total of the insured entity.
EPL Hospitality Select provides hospitality industry insureds with an Integrated Employment Practices Risk Management Package comprised of a broad menu of value-added services. Available services include flexible, tailored employment practices risk management assistance, access to a full-time employment practices risk management consultant, group employment practices seminars and training, electronic employment practices self-audit tools, and tailored employment practices risk management information packets. Audits of employment practices policies and procedures, performed by an international labor law firm, are made available to qualified insureds.
For more information on EPL Hospitality Select, Peter Thorne, 617-330-8324.
Lexington Insurance Company, based in Boston, is the leading U.S.-based excess and surplus lines carrier. Lexington Insurance Company is rated A++ (superior) Class XIV, by A.M. Best Company and AAA by Standard and Poor's.
* The above described coverage may not be available in all states, and the above description thereof is neither a complete description nor a complete list of all terms, conditions and exclusions. Note that certain terms used in the above are defined in the policy. Please see the policy for a complete description of its scope and limitations of coverage. Issuance of coverage is subject to underwriting.