{"version":"1.0.0","segments":[{"speaker":"Dan Wentz","startTime":24.06,"endTime":26.58,"body":"According to the US"},{"speaker":"Dan Wentz","startTime":24.06,"endTime":26.58,"body":"Department of Labor, at least"},{"speaker":"Dan Wentz","startTime":26.58,"endTime":30.03,"body":"70% of companies are not"},{"speaker":"Dan Wentz","startTime":26.58,"endTime":30.03,"body":"compliant with the Fair Labor"},{"speaker":"Dan Wentz","startTime":30.03,"endTime":34.44,"body":"Standards Act f LSA for short."},{"speaker":"Dan Wentz","startTime":30.03,"endTime":34.44,"body":"As a result, Department of Labor"},{"speaker":"Dan Wentz","startTime":34.44,"endTime":37.86,"body":"has ramped up their wage and"},{"speaker":"Dan Wentz","startTime":34.44,"endTime":37.86,"body":"hour litigation in recent years."},{"speaker":"Dan Wentz","startTime":38.01,"endTime":42.66,"body":"mlsa lawsuits have increased"},{"speaker":"Dan Wentz","startTime":38.01,"endTime":42.66,"body":"more than 500% since 1991. And"},{"speaker":"Dan Wentz","startTime":42.66,"endTime":46.2,"body":"those seats are costly."},{"speaker":"Dan Wentz","startTime":42.66,"endTime":46.2,"body":"settlements reached 449 million"},{"speaker":"Dan Wentz","startTime":46.2,"endTime":50.76,"body":"in 2019. And that was before the"},{"speaker":"Dan Wentz","startTime":46.2,"endTime":50.76,"body":"global pandemic. In this"},{"speaker":"Dan Wentz","startTime":50.76,"endTime":53.64,"body":"episode, we discuss Wage and"},{"speaker":"Dan Wentz","startTime":50.76,"endTime":53.64,"body":"Hour exposures with Allison"},{"speaker":"Dan Wentz","startTime":53.64,"endTime":57.480000000000004,"body":"benda from CRC Nashville. She's"},{"speaker":"Dan Wentz","startTime":53.64,"endTime":57.480000000000004,"body":"a senior broker with over 16"},{"speaker":"Dan Wentz","startTime":57.480000000000004,"endTime":61.230000000000004,"body":"years of experience dealing with"},{"speaker":"Dan Wentz","startTime":57.480000000000004,"endTime":61.230000000000004,"body":"employment practices, liability,"},{"speaker":"Dan Wentz","startTime":61.260000000000005,"endTime":64.95,"body":"EPL. That's all next, right here"},{"speaker":"Dan Wentz","startTime":61.260000000000005,"endTime":64.95,"body":"on the placing you first"},{"speaker":"Dan Wentz","startTime":64.95,"endTime":69.84,"body":"podcast. This is the placing you"},{"speaker":"Dan Wentz","startTime":64.95,"endTime":69.84,"body":"first podcast I'm Dan Wentz. And"},{"speaker":"Dan Wentz","startTime":69.87,"endTime":73.17,"body":"this podcast features news and"},{"speaker":"Dan Wentz","startTime":69.87,"endTime":73.17,"body":"insights from CRC his vast"},{"speaker":"Dan Wentz","startTime":73.17,"endTime":76.74,"body":"knowledge base of 2000 plus"},{"speaker":"Dan Wentz","startTime":73.17,"endTime":76.74,"body":"associates who right in excess"},{"speaker":"Dan Wentz","startTime":76.74,"endTime":80.04,"body":"of $10 billion of premium"},{"speaker":"Dan Wentz","startTime":76.74,"endTime":80.04,"body":"annually, and we're giving you"},{"speaker":"Dan Wentz","startTime":80.04,"endTime":83.01,"body":"insider access to what's"},{"speaker":"Dan Wentz","startTime":80.04,"endTime":83.01,"body":"happening in our company and the"},{"speaker":"Dan Wentz","startTime":83.01,"endTime":87.24000000000001,"body":"types of insurance we place."},{"speaker":"Dan Wentz","startTime":83.01,"endTime":87.24000000000001,"body":"This is the placing you first"},{"speaker":"Dan Wentz","startTime":87.24000000000001,"endTime":92.58,"body":"podcast. Alison, you recently"},{"speaker":"Dan Wentz","startTime":87.24000000000001,"endTime":92.58,"body":"contributed to an article for us"},{"speaker":"Dan Wentz","startTime":92.58,"endTime":96.66,"body":"about Wage and Hour exposures."},{"speaker":"Dan Wentz","startTime":92.58,"endTime":96.66,"body":"So we wanted to pick your your"},{"speaker":"Dan Wentz","startTime":96.66,"endTime":99.54,"body":"brain on that a little bit and"},{"speaker":"Dan Wentz","startTime":96.66,"endTime":99.54,"body":"learn some more about itself."},{"speaker":"Dan Wentz","startTime":99.93,"endTime":102.81,"body":"Could you tell us what it is?"},{"speaker":"Dan Wentz","startTime":99.93,"endTime":102.81,"body":"What is wage and hour and why"},{"speaker":"Dan Wentz","startTime":102.81,"endTime":103.59,"body":"it's so important?"},{"speaker":"Allyson Benda","startTime":104.31,"endTime":107.28,"body":"Sure, thanks,"},{"speaker":"Allyson Benda","startTime":104.31,"endTime":107.28,"body":"Stan. So Wage and Hour insurance"},{"speaker":"Allyson Benda","startTime":107.28,"endTime":110.79,"body":"provides coverage for violations"},{"speaker":"Allyson Benda","startTime":107.28,"endTime":110.79,"body":"of the Fair Labor Standards Act,"},{"speaker":"Allyson Benda","startTime":111.12,"endTime":115.26,"body":"mostly referred to as slsa. And"},{"speaker":"Allyson Benda","startTime":111.12,"endTime":115.26,"body":"the Department of Labor passed"},{"speaker":"Allyson Benda","startTime":115.29,"endTime":121.08,"body":"FSA in 1938, to set standards"},{"speaker":"Allyson Benda","startTime":115.29,"endTime":121.08,"body":"for minimum wage for overtime"},{"speaker":"Allyson Benda","startTime":121.08,"endTime":124.59,"body":"pay and child labor in the"},{"speaker":"Allyson Benda","startTime":121.08,"endTime":124.59,"body":"workplace. So really, Wage and"},{"speaker":"Allyson Benda","startTime":124.62,"endTime":128.13,"body":"Hour claims were born out of"},{"speaker":"Allyson Benda","startTime":124.62,"endTime":128.13,"body":"this. Now wage and hour is"},{"speaker":"Allyson Benda","startTime":128.13,"endTime":131.97,"body":"typically excluded from an"},{"speaker":"Allyson Benda","startTime":128.13,"endTime":131.97,"body":"employment practices policy. So"},{"speaker":"Allyson Benda","startTime":131.97,"endTime":136.10999999999999,"body":"it's important for those placing"},{"speaker":"Allyson Benda","startTime":131.97,"endTime":136.10999999999999,"body":"EPL to fill the gap because all"},{"speaker":"Allyson Benda","startTime":136.10999999999999,"endTime":139.98,"body":"employers have the potential for"},{"speaker":"Allyson Benda","startTime":136.10999999999999,"endTime":139.98,"body":"being sued for violations of"},{"speaker":"Allyson Benda","startTime":139.98,"endTime":143.64,"body":"slsa. And this is exactly why"},{"speaker":"Allyson Benda","startTime":139.98,"endTime":143.64,"body":"the coverage is just so"},{"speaker":"Allyson Benda","startTime":143.64,"endTime":146.91,"body":"important because anyone with"},{"speaker":"Allyson Benda","startTime":143.64,"endTime":146.91,"body":"employees is susceptible to"},{"speaker":"Allyson Benda","startTime":146.91,"endTime":150.6,"body":"claims in 2020 presented"},{"speaker":"Allyson Benda","startTime":146.91,"endTime":150.6,"body":"employers with several"},{"speaker":"Allyson Benda","startTime":150.6,"endTime":153.66,"body":"challenges from a wage and hour"},{"speaker":"Allyson Benda","startTime":150.6,"endTime":153.66,"body":"perspective, thanks to COVID."},{"speaker":"Allyson Benda","startTime":153.92999999999998,"endTime":156.69,"body":"And it's proven even more why"},{"speaker":"Allyson Benda","startTime":153.92999999999998,"endTime":156.69,"body":"this coverage is just so"},{"speaker":"Allyson Benda","startTime":156.69,"endTime":157.26,"body":"important."},{"speaker":"Dan Wentz","startTime":157.649,"endTime":160.259,"body":"What are some of the"},{"speaker":"Dan Wentz","startTime":157.649,"endTime":160.259,"body":"typical claims and settlements"},{"speaker":"Dan Wentz","startTime":160.289,"endTime":161.399,"body":"for wage and hour"},{"speaker":"Allyson Benda","startTime":161.429,"endTime":165.179,"body":"since FSA was"},{"speaker":"Allyson Benda","startTime":161.429,"endTime":165.179,"body":"enacted in 1938, Wage and Hour"},{"speaker":"Allyson Benda","startTime":165.179,"endTime":169.409,"body":"claims have risen steadily. I"},{"speaker":"Allyson Benda","startTime":165.179,"endTime":169.409,"body":"found some statistics online"},{"speaker":"Allyson Benda","startTime":169.409,"endTime":173.429,"body":"that showed the number of 2019"},{"speaker":"Allyson Benda","startTime":169.409,"endTime":173.429,"body":"cases that focused on minimum"},{"speaker":"Allyson Benda","startTime":173.429,"endTime":178.349,"body":"wage or overtime violations"},{"speaker":"Allyson Benda","startTime":173.429,"endTime":178.349,"body":"reached over 20,000 and resulted"},{"speaker":"Allyson Benda","startTime":178.349,"endTime":183.599,"body":"in payment of more than $225"},{"speaker":"Allyson Benda","startTime":178.349,"endTime":183.599,"body":"million in back wages. Now, the"},{"speaker":"Allyson Benda","startTime":183.599,"endTime":188.339,"body":"average case settled for $8.2"},{"speaker":"Allyson Benda","startTime":183.599,"endTime":188.339,"body":"million in 2019, which is"},{"speaker":"Allyson Benda","startTime":188.339,"endTime":193.04899999999998,"body":"substantially higher than the"},{"speaker":"Allyson Benda","startTime":188.339,"endTime":193.04899999999998,"body":"figure from 2018 of 5 million."},{"speaker":"Allyson Benda","startTime":193.679,"endTime":196.97899999999998,"body":"The 20 figure 2020, excuse me,"},{"speaker":"Allyson Benda","startTime":193.679,"endTime":196.97899999999998,"body":"figures have not yet been"},{"speaker":"Allyson Benda","startTime":196.97899999999998,"endTime":200.159,"body":"released. But I expect that"},{"speaker":"Allyson Benda","startTime":196.97899999999998,"endTime":200.159,"body":"that's going to those numbers"},{"speaker":"Allyson Benda","startTime":200.159,"endTime":203.48899999999998,"body":"are going to blow out of the"},{"speaker":"Allyson Benda","startTime":200.159,"endTime":203.48899999999998,"body":"2019 numbers out of the water,"},{"speaker":"Allyson Benda","startTime":204.029,"endTime":207.38899999999998,"body":"mostly due to the impact of"},{"speaker":"Allyson Benda","startTime":204.029,"endTime":207.38899999999998,"body":"COVID. And it's fairly common to"},{"speaker":"Allyson Benda","startTime":207.38899999999998,"endTime":210.839,"body":"see Wage and Hour claims in the"},{"speaker":"Allyson Benda","startTime":207.38899999999998,"endTime":210.839,"body":"form of class action lawsuits."},{"speaker":"Allyson Benda","startTime":211.259,"endTime":214.499,"body":"These suits are very costly, as"},{"speaker":"Allyson Benda","startTime":211.259,"endTime":214.499,"body":"you can imagine, and they pose a"},{"speaker":"Allyson Benda","startTime":214.499,"endTime":219.569,"body":"substantial threat to employers."},{"speaker":"Allyson Benda","startTime":214.499,"endTime":219.569,"body":"For example, in 2016, there was"},{"speaker":"Allyson Benda","startTime":219.569,"endTime":223.679,"body":"a group of more than 400 Uber"},{"speaker":"Allyson Benda","startTime":219.569,"endTime":223.679,"body":"drivers in California, who"},{"speaker":"Allyson Benda","startTime":223.679,"endTime":229.289,"body":"reached a $446,000 settlement"},{"speaker":"Allyson Benda","startTime":223.679,"endTime":229.289,"body":"with Uber to settle allegations"},{"speaker":"Allyson Benda","startTime":229.289,"endTime":232.649,"body":"of several Wage and Hour"},{"speaker":"Allyson Benda","startTime":229.289,"endTime":232.649,"body":"violations, things like non"},{"speaker":"Allyson Benda","startTime":232.649,"endTime":236.66899999999998,"body":"payment of overtime, working off"},{"speaker":"Allyson Benda","startTime":232.649,"endTime":236.66899999999998,"body":"the clock not being provided"},{"speaker":"Allyson Benda","startTime":236.66899999999998,"endTime":241.07899999999998,"body":"breaks and not being reimbursed"},{"speaker":"Allyson Benda","startTime":236.66899999999998,"endTime":241.07899999999998,"body":"for job related expenses. And in"},{"speaker":"Allyson Benda","startTime":241.07899999999998,"endTime":244.469,"body":"addition to this settlement, the"},{"speaker":"Allyson Benda","startTime":241.07899999999998,"endTime":244.469,"body":"company also settled an"},{"speaker":"Allyson Benda","startTime":244.469,"endTime":247.88899999999998,"body":"independent contractor"},{"speaker":"Allyson Benda","startTime":244.469,"endTime":247.88899999999998,"body":"misclassification suit for $100"},{"speaker":"Allyson Benda","startTime":247.88899999999998,"endTime":251.57899999999998,"body":"million. So as you can see,"},{"speaker":"Allyson Benda","startTime":247.88899999999998,"endTime":251.57899999999998,"body":"class action suits and Wage and"},{"speaker":"Allyson Benda","startTime":251.57899999999998,"endTime":254.57899999999998,"body":"Hour violations can be very"},{"speaker":"Allyson Benda","startTime":251.57899999999998,"endTime":254.57899999999998,"body":"costly to employers."},{"speaker":"Dan Wentz","startTime":254.85,"endTime":256.68,"body":"Oh, absolutely. I"},{"speaker":"Dan Wentz","startTime":254.85,"endTime":256.68,"body":"hadn't heard of the Uber one."},{"speaker":"Dan Wentz","startTime":256.68,"endTime":259.86,"body":"That's a good one. So what are"},{"speaker":"Dan Wentz","startTime":256.68,"endTime":259.86,"body":"some of the most common"},{"speaker":"Dan Wentz","startTime":259.86,"endTime":261.6,"body":"allegations when it comes to"},{"speaker":"Dan Wentz","startTime":259.86,"endTime":261.6,"body":"wage and hour?"},{"speaker":"Allyson Benda","startTime":261.899,"endTime":264.749,"body":"Sure, some of the"},{"speaker":"Allyson Benda","startTime":261.899,"endTime":264.749,"body":"typical allegations regarding"},{"speaker":"Allyson Benda","startTime":264.749,"endTime":267.92900000000003,"body":"Wage and Hour include the MIS"},{"speaker":"Allyson Benda","startTime":264.749,"endTime":267.92900000000003,"body":"classification of employees"},{"speaker":"Allyson Benda","startTime":268.139,"endTime":272.819,"body":"misclassifying them as exempt or"},{"speaker":"Allyson Benda","startTime":268.139,"endTime":272.819,"body":"non exempt or misclassifying"},{"speaker":"Allyson Benda","startTime":272.819,"endTime":276.509,"body":"them as independent contractors"},{"speaker":"Allyson Benda","startTime":272.819,"endTime":276.509,"body":"when they are employees. And"},{"speaker":"Allyson Benda","startTime":276.509,"endTime":279.449,"body":"it's come to light that a lot of"},{"speaker":"Allyson Benda","startTime":276.509,"endTime":279.449,"body":"employers have misclassified"},{"speaker":"Allyson Benda","startTime":279.449,"endTime":283.649,"body":"employees so that they can not"},{"speaker":"Allyson Benda","startTime":279.449,"endTime":283.649,"body":"have to pay overtime wages or"},{"speaker":"Allyson Benda","startTime":283.649,"endTime":288.239,"body":"minimum wage or pay other"},{"speaker":"Allyson Benda","startTime":283.649,"endTime":288.239,"body":"benefits. Some other allegations"},{"speaker":"Allyson Benda","startTime":288.239,"endTime":292.949,"body":"include were wrongful deductions"},{"speaker":"Allyson Benda","startTime":288.239,"endTime":292.949,"body":"from pay or the failure of an"},{"speaker":"Allyson Benda","startTime":292.949,"endTime":296.519,"body":"employer to pay minimum or"},{"speaker":"Allyson Benda","startTime":292.949,"endTime":296.519,"body":"overtime wages. And in fact,"},{"speaker":"Allyson Benda","startTime":296.519,"endTime":299.069,"body":"this is the number one"},{"speaker":"Allyson Benda","startTime":296.519,"endTime":299.069,"body":"allegation when it comes to wage"},{"speaker":"Allyson Benda","startTime":299.069,"endTime":303.179,"body":"and hour it accounts for over"},{"speaker":"Allyson Benda","startTime":299.069,"endTime":303.179,"body":"40% of wage and hour violations."},{"speaker":"Allyson Benda","startTime":303.839,"endTime":307.199,"body":"Some additional allegations"},{"speaker":"Allyson Benda","startTime":303.839,"endTime":307.199,"body":"include unpaid meal breaks or"},{"speaker":"Allyson Benda","startTime":307.199,"endTime":311.789,"body":"other rest breaks in proper time"},{"speaker":"Allyson Benda","startTime":307.199,"endTime":311.789,"body":"keeping records and then the"},{"speaker":"Allyson Benda","startTime":311.789,"endTime":315.209,"body":"failure to pay wages for off the"},{"speaker":"Allyson Benda","startTime":311.789,"endTime":315.209,"body":"clock work. So let's say you"},{"speaker":"Allyson Benda","startTime":315.209,"endTime":319.469,"body":"have an employee whose boss or"},{"speaker":"Allyson Benda","startTime":315.209,"endTime":319.469,"body":"supervisor ask them to stop by"},{"speaker":"Allyson Benda","startTime":319.469,"endTime":322.949,"body":"FedEx can go on the way home and"},{"speaker":"Allyson Benda","startTime":319.469,"endTime":322.949,"body":"pick up some coffee, some"},{"speaker":"Allyson Benda","startTime":322.949,"endTime":327.179,"body":"photocopies. It's after hours"},{"speaker":"Allyson Benda","startTime":322.949,"endTime":327.179,"body":"work. How do you pay them? Do"},{"speaker":"Allyson Benda","startTime":327.179,"endTime":329.489,"body":"you pay them? So this can be"},{"speaker":"Allyson Benda","startTime":327.179,"endTime":329.489,"body":"tricky."},{"speaker":"Dan Wentz","startTime":330.18,"endTime":333.57,"body":"Yeah, yeah. So you"},{"speaker":"Dan Wentz","startTime":330.18,"endTime":333.57,"body":"may be at risk for this and not"},{"speaker":"Dan Wentz","startTime":333.57,"endTime":336.3,"body":"even know you're, you know,"},{"speaker":"Dan Wentz","startTime":333.57,"endTime":336.3,"body":"you're at risk."},{"speaker":"Allyson Benda","startTime":336.59999999999997,"endTime":337.40999999999997,"body":"Absolutely."},{"speaker":"Dan Wentz","startTime":337.889,"endTime":340.769,"body":"What about COVID-19?"},{"speaker":"Dan Wentz","startTime":337.889,"endTime":340.769,"body":"I'm sure it's really complicated"},{"speaker":"Dan Wentz","startTime":340.769,"endTime":342.05899999999997,"body":"things in this world, huh?"},{"speaker":"Allyson Benda","startTime":342.69,"endTime":344.78999999999996,"body":"I will"},{"speaker":"Allyson Benda","startTime":342.69,"endTime":344.78999999999996,"body":"absolutely. So COVID-19 has"},{"speaker":"Allyson Benda","startTime":344.78999999999996,"endTime":348.36,"body":"certainly created some unique"},{"speaker":"Allyson Benda","startTime":344.78999999999996,"endTime":348.36,"body":"challenges to employers. when"},{"speaker":"Allyson Benda","startTime":348.36,"endTime":352.05,"body":"attempting to stay in compliance"},{"speaker":"Allyson Benda","startTime":348.36,"endTime":352.05,"body":"with Wage and Hour laws. There"},{"speaker":"Allyson Benda","startTime":352.05,"endTime":355.14,"body":"were significant developments"},{"speaker":"Allyson Benda","startTime":352.05,"endTime":355.14,"body":"that were made in Wage and Hour"},{"speaker":"Allyson Benda","startTime":355.14,"endTime":358.62,"body":"obligations for employers, most"},{"speaker":"Allyson Benda","startTime":355.14,"endTime":358.62,"body":"specifically, as you can"},{"speaker":"Allyson Benda","startTime":358.62,"endTime":362.25,"body":"imagine, related to work from"},{"speaker":"Allyson Benda","startTime":358.62,"endTime":362.25,"body":"home. The Department of Labor,"},{"speaker":"Allyson Benda","startTime":362.28,"endTime":364.83,"body":"they issued some guidance in"},{"speaker":"Allyson Benda","startTime":362.28,"endTime":364.83,"body":"several areas, such as"},{"speaker":"Allyson Benda","startTime":364.83,"endTime":368.96999999999997,"body":"compensation of remote workers"},{"speaker":"Allyson Benda","startTime":364.83,"endTime":368.96999999999997,"body":"help with tracking employee"},{"speaker":"Allyson Benda","startTime":368.96999999999997,"endTime":372.59999999999997,"body":"hours, and guidelines on expense"},{"speaker":"Allyson Benda","startTime":368.96999999999997,"endTime":372.59999999999997,"body":"reimbursement for costs"},{"speaker":"Allyson Benda","startTime":372.59999999999997,"endTime":376.40999999999997,"body":"associated with remote working,"},{"speaker":"Allyson Benda","startTime":372.59999999999997,"endTime":376.40999999999997,"body":"such as Internet usage or cell"},{"speaker":"Allyson Benda","startTime":376.40999999999997,"endTime":380.01,"body":"phone usage. And there was even"},{"speaker":"Allyson Benda","startTime":376.40999999999997,"endTime":380.01,"body":"several laws that were passed in"},{"speaker":"Allyson Benda","startTime":380.01,"endTime":383.58,"body":"both California and Illinois"},{"speaker":"Allyson Benda","startTime":380.01,"endTime":383.58,"body":"that required employers to"},{"speaker":"Allyson Benda","startTime":383.58,"endTime":387.33,"body":"compensate their employees for"},{"speaker":"Allyson Benda","startTime":383.58,"endTime":387.33,"body":"these work from home expenses."},{"speaker":"Allyson Benda","startTime":387.69,"endTime":391.14,"body":"And I think that we can expect"},{"speaker":"Allyson Benda","startTime":387.69,"endTime":391.14,"body":"an uptick in wage and hour class"},{"speaker":"Allyson Benda","startTime":391.14,"endTime":395.13,"body":"actions this year, due to the"},{"speaker":"Allyson Benda","startTime":391.14,"endTime":395.13,"body":"dramatic spike in telework in"},{"speaker":"Allyson Benda","startTime":395.13,"endTime":398.7,"body":"2020. In fact, there were more"},{"speaker":"Allyson Benda","startTime":395.13,"endTime":398.7,"body":"than double the amount of"},{"speaker":"Allyson Benda","startTime":398.7,"endTime":402.03,"body":"employees who were working from"},{"speaker":"Allyson Benda","startTime":398.7,"endTime":402.03,"body":"home than those who were"},{"speaker":"Allyson Benda","startTime":402.03,"endTime":405.24,"body":"actually working on site. And I"},{"speaker":"Allyson Benda","startTime":402.03,"endTime":405.24,"body":"think that that trend will"},{"speaker":"Allyson Benda","startTime":405.24,"endTime":408.45,"body":"continue as more and more"},{"speaker":"Allyson Benda","startTime":405.24,"endTime":408.45,"body":"companies shift from an in"},{"speaker":"Allyson Benda","startTime":408.45,"endTime":411.12,"body":"person environment to a work"},{"speaker":"Allyson Benda","startTime":408.45,"endTime":411.12,"body":"from home environment,"},{"speaker":"Dan Wentz","startTime":411.24,"endTime":413.43,"body":"when it comes to"},{"speaker":"Dan Wentz","startTime":411.24,"endTime":413.43,"body":"placing this risk isn't covered"},{"speaker":"Dan Wentz","startTime":413.43,"endTime":416.82,"body":"by EPO by employment practices,"},{"speaker":"Dan Wentz","startTime":413.43,"endTime":416.82,"body":"liability insurance."},{"speaker":"Allyson Benda","startTime":416.849,"endTime":418.679,"body":"You know, a lot"},{"speaker":"Allyson Benda","startTime":416.849,"endTime":418.679,"body":"of people who aren't in this"},{"speaker":"Allyson Benda","startTime":418.679,"endTime":422.12899999999996,"body":"line of business or who don't"},{"speaker":"Allyson Benda","startTime":418.679,"endTime":422.12899999999996,"body":"place EPL on a regular basis"},{"speaker":"Allyson Benda","startTime":422.12899999999996,"endTime":425.669,"body":"tend to think so. But that's"},{"speaker":"Allyson Benda","startTime":422.12899999999996,"endTime":425.669,"body":"just not the case. There's an F"},{"speaker":"Allyson Benda","startTime":425.669,"endTime":430.61899999999997,"body":"LSA exclusion on EPL policies."},{"speaker":"Allyson Benda","startTime":425.669,"endTime":430.61899999999997,"body":"So coverage is only available"},{"speaker":"Allyson Benda","startTime":430.61899999999997,"endTime":433.829,"body":"via an endorsement. And there"},{"speaker":"Allyson Benda","startTime":430.61899999999997,"endTime":433.829,"body":"are only about one or two"},{"speaker":"Allyson Benda","startTime":433.829,"endTime":437.039,"body":"markets that I know of who will"},{"speaker":"Allyson Benda","startTime":433.829,"endTime":437.039,"body":"provide both defense and"},{"speaker":"Allyson Benda","startTime":437.039,"endTime":439.709,"body":"indemnity on that endorsement"},{"speaker":"Allyson Benda","startTime":437.039,"endTime":439.709,"body":"under the wage and hour"},{"speaker":"Allyson Benda","startTime":439.709,"endTime":443.579,"body":"coverage. The majority of"},{"speaker":"Allyson Benda","startTime":439.709,"endTime":443.579,"body":"carriers are providing defense"},{"speaker":"Allyson Benda","startTime":443.579,"endTime":447.509,"body":"costs only. And it ranges"},{"speaker":"Allyson Benda","startTime":443.579,"endTime":447.509,"body":"anywhere from a $25,000"},{"speaker":"Allyson Benda","startTime":447.509,"endTime":453.419,"body":"sublimate up to $250,000. So it"},{"speaker":"Allyson Benda","startTime":447.509,"endTime":453.419,"body":"really depends on the risk the"},{"speaker":"Allyson Benda","startTime":453.419,"endTime":457.169,"body":"carrier, there are standalone"},{"speaker":"Allyson Benda","startTime":453.419,"endTime":457.169,"body":"policies that are available."},{"speaker":"Allyson Benda","startTime":457.43899999999996,"endTime":461.039,"body":"They offer both the defense and"},{"speaker":"Allyson Benda","startTime":457.43899999999996,"endTime":461.039,"body":"the indemnity, but they are very"},{"speaker":"Allyson Benda","startTime":461.039,"endTime":464.669,"body":"expensive. They're typically"},{"speaker":"Allyson Benda","startTime":461.039,"endTime":464.669,"body":"reserved for your fortune 500"},{"speaker":"Allyson Benda","startTime":464.669,"endTime":468.479,"body":"companies are larger, because"},{"speaker":"Allyson Benda","startTime":464.669,"endTime":468.479,"body":"the premiums start at a six"},{"speaker":"Allyson Benda","startTime":468.479,"endTime":472.259,"body":"figure. And the retentions can"},{"speaker":"Allyson Benda","startTime":468.479,"endTime":472.259,"body":"start anywhere from a million"},{"speaker":"Allyson Benda","startTime":472.289,"endTime":476.009,"body":"going upwards to 5 million. So"},{"speaker":"Allyson Benda","startTime":472.289,"endTime":476.009,"body":"the small or middle market"},{"speaker":"Allyson Benda","startTime":476.009,"endTime":479.969,"body":"companies, they just can't pay"},{"speaker":"Allyson Benda","startTime":476.009,"endTime":479.969,"body":"that for standalone policy. So"},{"speaker":"Allyson Benda","startTime":479.969,"endTime":482.36899999999997,"body":"they're really left with that"},{"speaker":"Allyson Benda","startTime":479.969,"endTime":482.36899999999997,"body":"endorsement, providing the"},{"speaker":"Allyson Benda","startTime":482.36899999999997,"endTime":485.18899999999996,"body":"defense cost only at a sub"},{"speaker":"Allyson Benda","startTime":482.36899999999997,"endTime":485.18899999999996,"body":"limited amount."},{"speaker":"Dan Wentz","startTime":485.25,"endTime":487.86,"body":"And that plays into"},{"speaker":"Dan Wentz","startTime":485.25,"endTime":487.86,"body":"the the next question the size"},{"speaker":"Dan Wentz","startTime":487.86,"endTime":491.13,"body":"of business, does that affect"},{"speaker":"Dan Wentz","startTime":487.86,"endTime":491.13,"body":"the restrictions and the limits?"},{"speaker":"Dan Wentz","startTime":491.13,"endTime":493.53,"body":"I mean, you kind of touched on"},{"speaker":"Dan Wentz","startTime":491.13,"endTime":493.53,"body":"the limits there, if you're a"},{"speaker":"Dan Wentz","startTime":493.53,"endTime":496.14,"body":"small business is a different"},{"speaker":"Dan Wentz","startTime":493.53,"endTime":496.14,"body":"than if you're a large business."},{"speaker":"Allyson Benda","startTime":496.26,"endTime":498.24,"body":"Sure. I mean,"},{"speaker":"Allyson Benda","startTime":496.26,"endTime":498.24,"body":"size definitely matters. You"},{"speaker":"Allyson Benda","startTime":498.24,"endTime":501.15,"body":"know, we have a lot of carriers"},{"speaker":"Allyson Benda","startTime":498.24,"endTime":501.15,"body":"who will not offer the wage and"},{"speaker":"Allyson Benda","startTime":501.15,"endTime":505.34999999999997,"body":"hour endorsement to employers"},{"speaker":"Allyson Benda","startTime":501.15,"endTime":505.34999999999997,"body":"with employees have to have more"},{"speaker":"Allyson Benda","startTime":505.34999999999997,"endTime":509.31,"body":"than 250 employees. So, you"},{"speaker":"Allyson Benda","startTime":505.34999999999997,"endTime":509.31,"body":"know, if you're a larger"},{"speaker":"Allyson Benda","startTime":509.31,"endTime":514.77,"body":"employer, it's difficult to find"},{"speaker":"Allyson Benda","startTime":509.31,"endTime":514.77,"body":"the coverage. Also, jurisdiction"},{"speaker":"Allyson Benda","startTime":514.77,"endTime":518.07,"body":"comes into play if you're in"},{"speaker":"Allyson Benda","startTime":514.77,"endTime":518.07,"body":"certain states like California,"},{"speaker":"Allyson Benda","startTime":518.3100000000001,"endTime":522.84,"body":"we mentioned that earlier,"},{"speaker":"Allyson Benda","startTime":518.3100000000001,"endTime":522.84,"body":"Illinois, New York, New Jersey,"},{"speaker":"Allyson Benda","startTime":522.84,"endTime":526.08,"body":"Florida, these are really tough"},{"speaker":"Allyson Benda","startTime":522.84,"endTime":526.08,"body":"states from a wage and hour"},{"speaker":"Allyson Benda","startTime":526.08,"endTime":528.96,"body":"perspective. And a lot of"},{"speaker":"Allyson Benda","startTime":526.08,"endTime":528.96,"body":"carriers will not offer the"},{"speaker":"Allyson Benda","startTime":528.96,"endTime":531.96,"body":"coverage in those states. You"},{"speaker":"Allyson Benda","startTime":528.96,"endTime":531.96,"body":"also have an industry, think"},{"speaker":"Allyson Benda","startTime":531.96,"endTime":535.59,"body":"about the industries, you have"},{"speaker":"Allyson Benda","startTime":531.96,"endTime":535.59,"body":"hospitality like restaurants,"},{"speaker":"Allyson Benda","startTime":535.95,"endTime":540.48,"body":"retail financial institutions,"},{"speaker":"Allyson Benda","startTime":535.95,"endTime":540.48,"body":"manufacturing, think of those"},{"speaker":"Allyson Benda","startTime":540.48,"endTime":543.84,"body":"industries that employ"},{"speaker":"Allyson Benda","startTime":540.48,"endTime":543.84,"body":"independent contractors or a lot"},{"speaker":"Allyson Benda","startTime":543.84,"endTime":547.11,"body":"of part time workers. This makes"},{"speaker":"Allyson Benda","startTime":543.84,"endTime":547.11,"body":"it very difficult from a wage"},{"speaker":"Allyson Benda","startTime":547.11,"endTime":548.13,"body":"and hour perspective."},{"speaker":"Dan Wentz","startTime":548.22,"endTime":549.9300000000001,"body":"So what about"},{"speaker":"Dan Wentz","startTime":548.22,"endTime":549.9300000000001,"body":"mitigating the risk? Are there"},{"speaker":"Dan Wentz","startTime":549.9300000000001,"endTime":553.2900000000001,"body":"any strategies for mitigating"},{"speaker":"Dan Wentz","startTime":549.9300000000001,"endTime":553.2900000000001,"body":"Wage and Hour claims?"},{"speaker":"Allyson Benda","startTime":553.32,"endTime":555.33,"body":"Yes, sure. So"},{"speaker":"Allyson Benda","startTime":553.32,"endTime":555.33,"body":"there's several steps that can"},{"speaker":"Allyson Benda","startTime":555.33,"endTime":558.36,"body":"be taken to help insurance and"},{"speaker":"Allyson Benda","startTime":555.33,"endTime":558.36,"body":"mitigate their risk. I would"},{"speaker":"Allyson Benda","startTime":558.36,"endTime":561.1500000000001,"body":"say, first of all, take"},{"speaker":"Allyson Benda","startTime":558.36,"endTime":561.1500000000001,"body":"advantage of the state and local"},{"speaker":"Allyson Benda","startTime":561.1500000000001,"endTime":564.6600000000001,"body":"government self assessment tool"},{"speaker":"Allyson Benda","startTime":561.1500000000001,"endTime":564.6600000000001,"body":"that's available from the US"},{"speaker":"Allyson Benda","startTime":564.6600000000001,"endTime":567.87,"body":"Department of Labor, go to their"},{"speaker":"Allyson Benda","startTime":564.6600000000001,"endTime":567.87,"body":"website, look for the Wage and"},{"speaker":"Allyson Benda","startTime":567.87,"endTime":571.47,"body":"Hour Division and take that"},{"speaker":"Allyson Benda","startTime":567.87,"endTime":571.47,"body":"assessment, review exempt and"},{"speaker":"Allyson Benda","startTime":571.47,"endTime":574.1700000000001,"body":"non exempt employee"},{"speaker":"Allyson Benda","startTime":571.47,"endTime":574.1700000000001,"body":"classifications on a regular"},{"speaker":"Allyson Benda","startTime":574.1700000000001,"endTime":577.6500000000001,"body":"basis. Make sure that you're"},{"speaker":"Allyson Benda","startTime":574.1700000000001,"endTime":577.6500000000001,"body":"updating or revising your job"},{"speaker":"Allyson Benda","startTime":577.6500000000001,"endTime":581.97,"body":"descriptions so that those are"},{"speaker":"Allyson Benda","startTime":577.6500000000001,"endTime":581.97,"body":"always accurate. enact policies"},{"speaker":"Allyson Benda","startTime":581.97,"endTime":586.5300000000001,"body":"that prohibit off the clock"},{"speaker":"Allyson Benda","startTime":581.97,"endTime":586.5300000000001,"body":"work. Regular regularly review"},{"speaker":"Allyson Benda","startTime":586.5600000000001,"endTime":590.73,"body":"managerial practices to ensure"},{"speaker":"Allyson Benda","startTime":586.5600000000001,"endTime":590.73,"body":"that supervisors only encourage"},{"speaker":"Allyson Benda","startTime":590.73,"endTime":595.08,"body":"after hours work when it's 100%"},{"speaker":"Allyson Benda","startTime":590.73,"endTime":595.08,"body":"necessary and when they're doing"},{"speaker":"Allyson Benda","startTime":595.08,"endTime":598.26,"body":"so that they are paying properly"},{"speaker":"Allyson Benda","startTime":595.08,"endTime":598.26,"body":"for that after hours work."},{"speaker":"Allyson Benda","startTime":598.9200000000001,"endTime":601.86,"body":"insured should make sure that"},{"speaker":"Allyson Benda","startTime":598.9200000000001,"endTime":601.86,"body":"they understand the applicable"},{"speaker":"Allyson Benda","startTime":601.86,"endTime":606.09,"body":"state Wage and Hour laws and"},{"speaker":"Allyson Benda","startTime":601.86,"endTime":606.09,"body":"keep pace with local and federal"},{"speaker":"Allyson Benda","startTime":606.09,"endTime":609.0300000000001,"body":"changes such as the new"},{"speaker":"Allyson Benda","startTime":606.09,"endTime":609.0300000000001,"body":"guidelines we touched upon for"},{"speaker":"Allyson Benda","startTime":609.0300000000001,"endTime":612.45,"body":"COVID-19. And then finally, they"},{"speaker":"Allyson Benda","startTime":609.0300000000001,"endTime":612.45,"body":"should always consult with"},{"speaker":"Allyson Benda","startTime":612.45,"endTime":615.51,"body":"outside counsel to safely"},{"speaker":"Allyson Benda","startTime":612.45,"endTime":615.51,"body":"navigate all of the wage and"},{"speaker":"Allyson Benda","startTime":615.51,"endTime":616.44,"body":"hour issues."},{"speaker":"Dan Wentz","startTime":616.649,"endTime":619.5590000000001,"body":"So also when it comes"},{"speaker":"Dan Wentz","startTime":616.649,"endTime":619.5590000000001,"body":"to placing Wage and Hour"},{"speaker":"Dan Wentz","startTime":619.9190000000001,"endTime":624.479,"body":"insurance. How does the CRC"},{"speaker":"Dan Wentz","startTime":619.9190000000001,"endTime":624.479,"body":"Producer How is a good wholesale"},{"speaker":"Dan Wentz","startTime":624.479,"endTime":626.5790000000001,"body":"specialist help you in this"},{"speaker":"Dan Wentz","startTime":624.479,"endTime":626.5790000000001,"body":"area?"},{"speaker":"Allyson Benda","startTime":627.33,"endTime":630.09,"body":"Sure. So I think"},{"speaker":"Allyson Benda","startTime":627.33,"endTime":630.09,"body":"it's so important for retailers"},{"speaker":"Allyson Benda","startTime":630.09,"endTime":634.1400000000001,"body":"to maintain strong relationships"},{"speaker":"Allyson Benda","startTime":630.09,"endTime":634.1400000000001,"body":"with a knowledgeable broker who"},{"speaker":"Allyson Benda","startTime":634.1400000000001,"endTime":637.26,"body":"has extensive marketplace"},{"speaker":"Allyson Benda","startTime":634.1400000000001,"endTime":637.26,"body":"connections and deep industry"},{"speaker":"Allyson Benda","startTime":637.26,"endTime":640.26,"body":"expertise. You know, this can"},{"speaker":"Allyson Benda","startTime":637.26,"endTime":640.26,"body":"make all the difference when"},{"speaker":"Allyson Benda","startTime":640.26,"endTime":644.46,"body":"navigating the world of wage and"},{"speaker":"Allyson Benda","startTime":640.26,"endTime":644.46,"body":"hour. You know, CRC has an exact"},{"speaker":"Allyson Benda","startTime":644.46,"endTime":647.7900000000001,"body":"pro practice where we share"},{"speaker":"Allyson Benda","startTime":644.46,"endTime":647.7900000000001,"body":"ideas and information on the"},{"speaker":"Allyson Benda","startTime":647.7900000000001,"endTime":650.6400000000001,"body":"latest trends in the"},{"speaker":"Allyson Benda","startTime":647.7900000000001,"endTime":650.6400000000001,"body":"professional liability area. And"},{"speaker":"Allyson Benda","startTime":650.6400000000001,"endTime":653.5200000000001,"body":"I'm not sure how many"},{"speaker":"Allyson Benda","startTime":650.6400000000001,"endTime":653.5200000000001,"body":"wholesalers can boast that"},{"speaker":"Allyson Benda","startTime":653.5200000000001,"endTime":657.0,"body":"collective brain power or the"},{"speaker":"Allyson Benda","startTime":653.5200000000001,"endTime":657.0,"body":"willingness to share among the"},{"speaker":"Allyson Benda","startTime":657.0,"endTime":660.3900000000001,"body":"group, so retailers really"},{"speaker":"Allyson Benda","startTime":657.0,"endTime":660.3900000000001,"body":"should not hesitate to tap into"},{"speaker":"Allyson Benda","startTime":660.3900000000001,"endTime":661.32,"body":"that resource."},{"speaker":"Dan Wentz","startTime":662.0400000000001,"endTime":664.44,"body":"Absolutely. If you"},{"speaker":"Dan Wentz","startTime":662.0400000000001,"endTime":664.44,"body":"want more information, you can"},{"speaker":"Dan Wentz","startTime":664.47,"endTime":667.35,"body":"head to our website we've got a"},{"speaker":"Dan Wentz","startTime":664.47,"endTime":667.35,"body":"lot of information up there CRC"},{"speaker":"Dan Wentz","startTime":667.35,"endTime":672.1800000000001,"body":"group comm look for the ones you"},{"speaker":"Dan Wentz","startTime":667.35,"endTime":672.1800000000001,"body":"need to find a specialists in"},{"speaker":"Dan Wentz","startTime":672.1800000000001,"endTime":676.35,"body":"this area. Obviously Allison is"},{"speaker":"Dan Wentz","startTime":672.1800000000001,"endTime":676.35,"body":"great from our Nashville office"},{"speaker":"Dan Wentz","startTime":676.4100000000001,"endTime":679.38,"body":"and all her information is"},{"speaker":"Dan Wentz","startTime":676.4100000000001,"endTime":679.38,"body":"included in this podcast or on"},{"speaker":"Dan Wentz","startTime":679.38,"endTime":681.5400000000001,"body":"the YouTube video. However"},{"speaker":"Dan Wentz","startTime":679.38,"endTime":681.5400000000001,"body":"you're getting this check out"},{"speaker":"Dan Wentz","startTime":681.5400000000001,"endTime":685.35,"body":"the producer search it CRC group"},{"speaker":"Dan Wentz","startTime":681.5400000000001,"endTime":685.35,"body":"comm you can find somebody there"},{"speaker":"Dan Wentz","startTime":685.35,"endTime":687.69,"body":"any of our exec producers are"},{"speaker":"Dan Wentz","startTime":685.35,"endTime":687.69,"body":"going to be able to help you our"},{"speaker":"Dan Wentz","startTime":687.69,"endTime":692.19,"body":"brokers and also check out tools"},{"speaker":"Dan Wentz","startTime":687.69,"endTime":692.19,"body":"in incel CRC group comm it's our"},{"speaker":"Dan Wentz","startTime":692.4300000000001,"endTime":694.7700000000001,"body":"our newsletter, our monthly"},{"speaker":"Dan Wentz","startTime":692.4300000000001,"endTime":694.7700000000001,"body":"newsletter we put out with a"},{"speaker":"Dan Wentz","startTime":694.7700000000001,"endTime":698.01,"body":"bunch of great articles timely,"},{"speaker":"Dan Wentz","startTime":694.7700000000001,"endTime":698.01,"body":"just like this about wait."},{"speaker":"Dan Wentz","startTime":698.97,"endTime":701.4300000000001,"body":"Allison, thank you so much for"},{"speaker":"Dan Wentz","startTime":698.97,"endTime":701.4300000000001,"body":"joining us today. It's been"},{"speaker":"Dan Wentz","startTime":701.4300000000001,"endTime":705.1500000000001,"body":"super informational. super"},{"speaker":"Dan Wentz","startTime":701.4300000000001,"endTime":705.1500000000001,"body":"helpful. always enjoy having you"},{"speaker":"Dan Wentz","startTime":705.1500000000001,"endTime":705.99,"body":"on the podcast."},{"speaker":"Allyson Benda","startTime":706.0200000000001,"endTime":706.6800000000001,"body":"Thank you Dan."}]}