To the delight of those able to afford it, several marketsnow exist for companies looking to insure Wage and Hour (W&H)risk, which is one of, if not the, largestemployment-related exposures in the U.S.
“Carriers are beginning to dip their toe in,” says Gerald L.Maatman Jr., a partner in Seyfarth Shaw, a leading nationalemployment and labor law firm. “They are beginning to warm up tothe idea.”
There may be no better time for the insurance market to enterthis particular risk transfer.
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