Latest in pandemic insurance

Rep. Carolyn Maloney (D-NY) has unveiled a second iteration of her bill introduced in May 2020 to help U.S, businesses including Hollywood survive the financial hit of Covid and future pandemics. Costs and risks for independent production ballooned after private insurers, hit by massive Covid claims and heavy losses…

With more than 50% of the U.S. adult population at least half vaccinated and studios plotting start dates, visions of a return to normalcy abound. So what's the prognosis for independent film, when insurers and bank lenders remain on the sidelines even as production perks up? Mark Gill, CEO of Solstice Studios, said…

A broad entertainment industry coalition Friday begged Senate leadership to push ahead with Federal aid for pandemic insurance since it's near impossible to get back to work without it, especially for independent film. Short of something really big — like the public-private Pandemic Risk Insurance Act (PRIA)…

New York Rep. Carolyn Maloney said Thursday that the nation desperately needs pandemic insurance, a "public private partnership that has a mechanism in place that you can depend on," and hopes some version of it will pass early in the Biden administration. "There are a number of proposals out there. People who are…

Film, TV, guilds and sports industry groups from NASCAR to the NFL on Wednesday sent a plea for action to lawmakers ahead of a key Capitol Hill committee meeting on pandemic insurance. The hearing set for Thursday morning, called “Insuring Against a Pandemic: Challenges and Solutions for Policyholders and Insurers,&#8221…

The MPA, Independent Film & Television Alliance, Fox Corp, Sony Pictures Entertainment, ViacomCBS, the NAB and the NCTA have boarded a broad new coalition to tackle public-private business continuity insurance, the latest push to offset the financial devastation of COVID-19 and future pandemics. The Business Continuity…

A whopping 250-400 films have bitten the dust due to lack of pandemic insurance, said Jean Prewitt, president and CEO of the Independent Film & Television Alliance, speaking Thursday at a roundtable organized by Rep. Carolyn Maloney (D-NY) to discuss the Pandemic Risk Insurance Act, or PRIA. Maloney introduced the bill…

A group of production companies, distributors, sales agents and completion bond guarantors have created a new tasks force to push for government funding and support to independent production threatened by the COVID-19 pandemic. The American Coalition for Independent Content Production (ACICP) said its aim is to help…

Congresswoman Carolyn B. Maloney (D-NY) Tuesday formally introduced the Pandemic Risk Insurance Act (PRIA), the first legislation out of the gate to to tackle insurance and a bill that may be the best hope for launching new film and television production. On a press call, Malone said her office "has been talking to a…