January 30, 2025

Executive Summary: The Betterley Report’s Employment Practices Liability Insurance Market Survey-2024

Employer lawsuits continue to hit record-high settlements, driven by wage and hour class actions and the surge of #MeToo sexual harassment claims. The recent Duane Morris Class Action Review—2025 revealed that the top 10 wage and hour settlements alone exceeded $600 million.

Looking ahead, 2025 presents even greater risks for employers, including challenges arising from artificial intelligence in the workplace, claims of “reverse discrimination,” and issues with return-to-office policies. These developments highlight the importance of a well-structured employment practices liability insurance (EPLI) policy.

EPLI coverage, however, is far from uniform and evolves rapidly. The newly released Betterley Employment Practices Liability Insurance Market Survey is an essential resource for staying ahead in this dynamic market. Explore how 25 leading EPLI insurers shape the market with insights into rate trends and detailed policy comparisons. Dive into over 90 pages of charts analyzing critical features like coverage wording, capacity, market focus, and risk management services. Discover key variations, including:

Wage and hour claim coverage.
Approaches to class action suits.
Complimentary risk management services.
Extended reporting period (ERP) differences.

Uncover how these variables influence rates and trends across the EPLI landscape—get the Betterley Report today and position yourself as a market expert! You can read the executive summary in PDF form below and you can find additional report highlights and order the full report here.

PLUS Summary – Betterley Report – EPL Insurance Market Survey 2024

Meet the Author

Richard S. Betterley, LIA, is the president of Betterley Risk Consultants (BRC), an independent insurance and alternative risk management consulting firm. BRC, founded in 1932, provides independent advice and counsel on matters important to the commercial property and casualty insurance industry and its customers, alternatives to traditional insurance, and related services throughout the United States. It does not sell insurance or related services. Mr. Betterley is a frequent speaker, author, and expert witness on specialty insurance products and related services. He is a member of the Professional Liability Underwriting Society.

He joined the firm in 1975. Mr. Betterley created The Betterley Report in 1994 to be the objective source of information about specialty insurance products. Now published six times annually, The Betterley Report is known for its in-depth coverage of management liability, cyber risk, privacy, intellectual property, and media insurance products.