Complete ASAE’s New Research Survey on Association Insurance

There is still time to complete ASAE’s survey to build support for pandemic risk insurance legislation! Earlier this month, Congresswoman Carolyn Maloney (D-N.Y.) reintroduced the Pandemic Risk Insurance Act (PRIA) to establish a federal backstop for financial losses due to a future pandemic or public health emergency. This is an important step to help protect… Read more »

Complete ASAE’s New Research Survey on Association Insurance

As reported in last week’s Inroads, Congresswoman Carolyn Maloney (D-N.Y.) reintroduced the Pandemic Risk Insurance Act (PRIA) to establish a federal backstop for financial losses due to a future pandemic or public health emergency. This is an important step to help protect our community and promote its ability to host events critical to our constituents,… Read more »

ASAE Endorses Pandemic Risk Insurance Act of 2021

ASAE endorsed a bill introduced yesterday by Rep. Carolyn Maloney (D-NY) to create a federal backstop that will help cover losses resulting from a future pandemic or public health emergency. The Pandemic Risk Insurance Act of 2021 directs insurers to provide pandemic coverage for event cancellation losses – which is vital to the association community… Read more »

ASAE, BCC Urge Congress to Mitigate Pandemic Risk

ASAE and other members of the Business Continuity Coalition (BCC) urged lawmakers in a Senate Banking subcommittee hearing today to develop a public/private program to mitigate event cancellation, business interruption and related losses from a future pandemic or other devastating event. The Senate Banking Subcommittee on Securities, Insurance and Investment convened the hearing to “explore… Read more »

Hearing Highlights Hurdles for Pandemic Risk Insurance

Despite widespread backing from ASAE and the business community, legislation that would protect organizations from business interruption losses resulting from future pandemics or public health emergencies continues to garner little support from Republicans or the insurance industry. Opposition to the Pandemic Risk Insurance Act (PRIA), introduced earlier this year by Rep. Carolyn Maloney (D-NY) and… Read more »