Connect with us

Entertainment

Hollywood Coalition calls on Senate leaders to act on pandemic insurance issue

Avatar

Published

on


4:38 PM PST 02/19/2021

by

Katie Kilkenny

Film, television and sports groups including SAG-AFTRA, DGA and Producers Guild on Friday further called on senators for “direct intervention” in the form of temporary federal funds.

A coalition of guilds and industry organizations is once again calling on U.S. lawmakers to implement accessible pandemic risk insurance coverage as COVID-19 continues to disrupt Hollywood production.

“As you develop the Senate Committee on Banking, Housing and Urban Affairs’ agenda for this year, the motion picture, television and sports industries respectfully request that you consider the general economic impact that the withdrawal of pandemic risk coverage has created for our business, “a group of film, television and sports groups (including The Motion Picture Association, the Independent Film & Television Alliance, the NCTA The Internet & Television Association, the Directors Guild of America, the National Association of Broadcasters, IATSE, Producers Guild of America, American Coalition for Independent Content Production and SAG-AFTRA) said in a letter to Senate leaders on Friday. “Put simply, it It’s extremely difficult for us to return to work without pandemic insurance coverage.

The letter was addressed to Senator Charles Schumer, Senate Majority Leader, Minority Leader Senator Mitchell, Chairman of the Senate Banking, Housing and Urban Affairs Committee, Senator Sherrod Brown and the non-commissioned member, Senator Patrick J. Toomey. The same coalition of organizations sent a letter to members of the US House Committee on Financial Services calling for insurance against pandemic risk in November, ahead of a hearing regarding Representative Carolyn Maloney.Pandemic Risk Insurance Act 2020 bill.

Without naming Maloney’s bill, this latest letter states that a “long-term public-private partnership on pandemic risk insurance is needed to stabilize funding and employment”, echoing the Wording of the Pandemic Risk Insurance Act 2020 and refers to Maloney’s Terrorism Risk Insurance. Law of 2002 as a model for such a partnership.

“We urge you to hold a hearing to consider the need for pandemic risk coverage in the Senate Committee on Banking, Housing and Urban Affairs,” the signatories say.

In addition to this long-term solution, the signatories further call for “direct intervention” through “temporary and targeted federal funds that provide the necessary guarantees of loss coverage so that production can move forward” to revive the industry. At another point in the letter, organizations are calling for the next COVID relief package to contain a short-term solution of this nature to enable industry to weather the pandemic.

As the organizations detail in the letter, since COVID-19 spread across the country in 2020, most productions have not been able to secure insurance that protects them from business disruption due to the pandemic. Without this insurance, productions risk losing the funding they need to get started.



What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos



picture credit

ExBUlletin

to request, modification Contact us at Here or [email protected]