Unions
We understand Labor related risks and how to protect union leaders against the specific liabilities they face in running a union organization.
A Union Liability insurance policy covers the duty of fair representation, employment practices liability, financial management of the union and personal injury liability.
The policy reimburses the legal defense costs, charges and expenses and any settlements or damages, including investigation and appeal costs and pre-judgment and post-judgment interest. Coverage is provided for the union, past, present and future directors, trustees, officers, employees, board members, committee members, shop stewards and business agents and other designated additional insureds or organizations.
Eligible Accounts:
No restrictions. The policy is available for international and national labor organizations, regional, state and local labor organizations.
Coverage:
- Primary and Excess
- Limits up to $50 million for large unions
- Deductibles as low as $1,000
- Loss includes legal defense costs, charges and expenses and any settlements or damages, including investigation and appeal costs and pre-judgment and post-judgment interest.
- Coverage is provided for the union, past, present and future directors, trustees, officers, employees, board members, committee members, shop stewards and business agents and other designated additional insureds or organizations.
- Individual Labor Leaders coverage extension provides defense cost protection to safeguard the personal assets of union officials when unions are prevented from indemnifying them.
- Educators Liability coverage extension provides additional coverage specifically for the risk that a Joint Apprenticeship Training Committee (“JATC”) faces when their graduates utilize their job and safety training in the workforce.
Applications:
Other Coverages:
All or most other coverages that comprise the Hull & Company, Inc. (RFO) practice are appropriate. Contact a staff broker to discuss a particular account.
All insurance product and/or coverage descriptions are informational only. It is neither an offer to sell nor a solicitation to purchase any particular insurance product. Coverage may not be available in all jurisdictions.