Here's one employment practices liability insurance "example" of how such a policy can be beneficial to the company that takes it.
Obviously, the language used here is written with mind to sell this policy. So is it perfectly normal for a company to have an insurance company pay their legal fees while they continue to ignore the root cause of the problem?
@ninad 🤷 that's corporate capitalism
But this is something to note: the next time someone says that they fought and won/lost a harassment lawsuit against a major corporate, and the company "settled" it, we must bear in mind that their insurance company must've taken care of most of their expenses. Business would go on.