Latest in Pandemic Risk Insurance Act

When COVID-19 hit in March, insurance companies abruptly backed away from pandemic coverage, a fateful move that’s hobbled efforts by independent producers to lock in financing and disrupted Hollywood as film and TV production attempts a comeback. As insurers — spooked by global pandemic payouts that could top $100…

A restart for film and television is bearing down but looming uncertainty around COVID-19 insurance has the business on edge. Pandemic insurance disappeared in March. Three months later there's still no viable alternative to put many independent producers back on a path to completion bond backed financing. It's…