Wage-and-hour, employment practices hybrid on the rise | Business Insurance

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Combining wage-and-hour coverage with employment practices liability insurance is gaining marketplace acceptance and is expected to bolster the former’s popularity. Experts say about $100 million in capacity is available, with primary coverage being provided by XL Group P.L.C., Allied World Assurance Co. and Markel Corp. out of Bermuda, and by the Beazley Group P.L.C. in London. Other markets also are expressing interest in providing the coverage.

via Wage-and-hour, employment practices hybrid on the rise | Business Insurance.

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