Hiring Practices and Facebook

The Governor of Illinois made into law H.B. 3782 on August 1st.  The bill makes it against the law for an employer to ask a potential employee for their username, password or any account details relating to a social networking site.  Social networking is a quickly evolving field and the laws are ever-evolving to keep up.  BrokerLiability.com explains the need for a company to be careful when using social networking websites in the hiring process.  Purchasing employment practices liability insurance from an experienced broker and obtaining counsel from a labor law attorney are two necessities to navigate the hiring environment today.  Contact us today for additional information on ways to protect your firm from lawsuits.

Olympic Social Media Risks

A second 2012 Olympic athlete was suspended for posting a racist comment on Twitter, a social networking site.  The first athlete prevented from competing in the games was also banned due to a post she made on the same site.  These instances highlight the fact that social media is simply another outlet for discrimination or harassment and should be treated carefully.  BrokerLiability.com encourages clients to review their own social media policies and explore purchasing Employment Practices Liability insurance for this risk.

Real Estate Agent Sued over Foreclosure

A California Real Estate Agent and Foreclosure Trustee have been sued by an elderly couple who is losing their home. The couple claim that the real estate agent tricked them into putting their home up as collateral on a loan they took out to help purchase a church and then pushed them to a hard money lender when they couldn’t make payments.

Contact BrokerLiability.com to ensure that you Real Estate E&O Coverage provides the broadest coverage for unforeseen allegations against your firm.

Iowa’s largest brokerage sued over commission splits

Iowa Realty has been sued by Golden Circle Real Estate Group LLC/Keller Williams Greater Des Moines in a dispute over commission splits.

This suit is the latest in a battle between Iowa Realty and Keller Williams.

Defense costs and investigations are expensive, contact BrokerLiability.com today to make sure your firm has the broadest coverage possible.