Advice For Employers On Employee Theft Insurance

Law360, New York (March 26, 2007, 12:00 AM EDT) -- Employee theft results in billions of dollars in losses to employers each year. Regardless of whether employers recognize it, they do business today in an environment filled with employee dishonesty issues, such as fraud, embezzlement and forgery.

Some employers institute security policies and background checks, while others have even used software that permits employers to access a database of employees who have been terminated by their previous employers for theft. With employee theft on the rise at many companies, employers should carefully consider whether employee theft...
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