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Federal Pandemic Insurance Act Revived In Congress; Another Chance For Frazzled Indie Producers And Industry As Costs Soar
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…
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Film & TV Producers, Hollywood Unions, NASCAR, NFL Beg Lawmakers For Pandemic Insurance Ahead Of Key Hearing Thursday
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,”…
Studios, Broadcasters Back Broad Coalition For Pandemic Insurance; Congressional Hearing Finally Set For Nov. 19
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…
Hundreds Of Film Projects Lost Since Pandemic Insurance Vanished, IFTA Boss Tells PRIA Sponsor
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…
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