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Motorists to Include Employment Practices Liability Insurance in Commercial Policies

With a projected effective date of April 2008, the EPLI premium is competitively priced and calculated based on the number of employees and type...
February 5, 2008

February 5, 2008 - Motorists Mutual Insurance Company will automatically include $100,000 of employment practices liability insurance (EPLI) in most commercial policies.

With a projected effective date of April 2008, the EPLI premium is competitively priced and calculated based on the number of employees and type of business. Limits of $300,000 will be available upon request. Coverage will be written on a "claims made" basis with defense cost within the limits. A $5,000 deductible will apply to each claim.

This change gives agents an additional selling tool, said Grady B. Campbell, vice president, P&C Marketing.  "No application is needed, and separate underwriting is not necessary," he said.

Customers who do not want the coverage may "opt out" in writing.

Classes of business that will not be eligible for EPLI include: employment agencies, health care facilities, entertainment businesses, law firms, government entities and schools. The following types of dealers also will not be eligible for EPLI coverage on a portfolio basis: auto, truck, motorcycle and RV. These classes can be referred to a reinsurer for underwriting and pricing.

Motorists Mutual has offered EPLI since 2000.  It is the lead company in The Motorists Insurance Group. The group of companies is composed of nine property and casualty, life and brokerage companies that operate in 35 states. At year-end 2006, the group of companies had $625 million in written premium and $654 million in policyholder security funds. For more information, visit www.motoristsgroup.com.

For more information, contact:
Paul Richards
Assistant Vice President, Corporate Communications & Advertising
Paul.richards@motoristsgroup.com
614-225-8205 (W) 740-881-0203 (H)

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