Texas Energy Insurance specialist says every energy company needs Employment Liability Insurance

Sept. 1, 2012 - PRLog -- Texas energy insurance specialist says energy and environmental companies without proper employment practices liability insurance may be risking more than just their bottom line.

Frank Hursh, owner of Katy, TX based Texas Energy Insurance (http://texasenergyinsurance.com) said those businesses may be exposing themselves and their executives to avoidable liabilities.

Employment Practices Liability Insurance protects energy and environmental companies from employment related risks and liabilities.

“Every day these energy businesses are exposed to all kinds of liabilities and most energy business owners understand that. Yet, some of them are not adequately covered which is just plain foolishness on their part,” Hursh said in his Katy, Texas office this week.

He said that any business that hires and fires employees or signs contracts can benefit from employment practices liability insurance.

“Not only does liability coverage protect the business, it protects the owners and managers from lawsuits due to breach of contracts, sexual harassment claims, deprivation of employment, violation of medical leave act, wrongful termination of employment, wrongful disciplining, negligent evaluation, unfair hiring practices and defamation of character claims,” Hursh said.

He said employment practices liability insurance may also protect against other lawsuits.

“These may include lawsuits due to failure to employ after an interview, retaliation from disgruntled former employees, discrimination based on race, gender, age, religion or nationality, negligent hiring, training, evaluation and supervision, and Americans with Disabilities Act discrimination claims,” Hursh added.

The Texas Energy Insurance executive warned that a seemingly insignificant claim can turn into a big and expensive case taking a huge toll on the finances of these energy businesses.

“Litigation costs can be quite high. Most Texas energy liability insurance policies cover lost benefits, back pay and legal fees in case of lawsuits. It is a smart business investment,” Hursh added.

Texas Energy Insurance has been helping businesses with their insurance needs for decades. They are available at (281) 398-1010, toll-free (877) 952-1010 or online at http://www.texasenergyinsurance.com.