Pandemic Insurance Backstop Draws Republican Opposition
- November 19, 2020
- gmaddaus
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A proposal to provide a federal backstop for pandemic insurance ran into stiff opposition from some House Republicans during a hearing on Thursday. Rep. Carolyn Maloney, D-N.Y., authored the Pandemic Risk Insurance Act, which would provide up to $750 billion in federal backing to allow insurers to issue policies that would cover losses from COVID […]
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