Content Producers Push for Pandemic Risk Insurance
A coalition of news, sports and entertainment organizations, including NCTA, the NFL, NAB, Nascar and the Screen Actors Guild, have reached out to Congressional leaders in support of legislation to help businesses secure pandemic risk insurance to mitigate the risks associated with producing popular events and programs in the COVID-19 era.
“Whether it be professional and collegiate sporting events, the next must-see film, a bingeworthy TV series, or a marquee Broadway production, we cannot envision any long-term recovery of these American experiences without some form of business interruption insurance that mitigates the risks associated with producing these popular events and programs in the COVID era now facing the country,” the coalition wrote in a letter Wednesday.
The organizations cited legislation introduced by Rep Carolyn Maloney (D-NY) as a step in the right direction, adding they stand ready to work with all parties for a solution.