Christopher W. Laws, Executive VP, Chief Actuary of Employers Holdings, Inc. Experiences Involuntary Termination
December 05, 2023 at 04:20 pm EST
Share
On December 4, 2023, Christopher W. Laws, EVP, Chief Actuary of Employers Holdings, Inc. experienced an involuntary termination in Section 4.2 of the Company?s Key Executive Change in Control and Severance Plan As a result, Mr. Laws is eligible to receive the applicable severance benefits under the Severance Plan for executive vice presidents. In order for any participant of the Severance Plan to become entitled to receive severance benefits upon a qualifying termination of employment as specified in the Severance Plan, the participant must timely enter into a standard separation agreement and release of claims in a form reasonably satisfactory to the Company.
Employers Holdings, Inc. is a holding company. The Company, through its wholly owned insurance subsidiaries, Employers Insurance Company of Nevada (EICN), Employers Compensation Insurance Company (ECIC), Employers Preferred Insurance Company (EPIC), Employers Assurance Company (EAC), and Cerity Insurance Company (CIC), is engaged in the commercial property and casualty insurance industry, specializing in workers compensation products and services, which are focused on small and select businesses engaged in low-to-medium hazard industries. Workers' compensation provides insurance coverage for the statutorily prescribed benefits that employers are required to provide to their employees who may be injured or suffer illness in the course of employment. Its Insurance Operations segment represents the traditional business offered through its agents, including business originated from the Company's strategic partnerships and alliances and direct-to-customer business.
EMPLOYERS HOLDINGS, INC. 
