The #MeToo movement is forcing more CEOs and other top executives into corporate training rooms. But the carriers aren't increasing EPL rates and deductibles across the board, because they haven't yet seen an increase in sexual harassment claims filings, Thoerig added. Since then, insurers have stopped writing new EPL policies for studio/production companies, reports Michael McCloskey, a risk management professor at Temple University. Fear of retaliation is one of the biggest barriers keeping women who believe they have been victims of sexual harassment from coming forward, he added. AmWINS, a global specialty insurance distributor, forecast in January that EPL premiums will rise as sexual harassment claims increase in their severity and frequency.
Source: Forbes February 22, 2018 17:58 UTC