Wednesday, May 26, 2021
The Risk and Insurance Management Society Inc. said Tuesday it has joined a coalition of policyholder groups to develop an insurance program for pandemics.
The Washington-based Business Continuity Coalition, which was formed last October, represents more than two dozen policyholder groups and companies from the hospitality, real estate, retail, film, television and other industries.
The coalition is working with policymakers and other stakeholders to develop an insurance program to ensure business continuity in the event of future widespread closures due to pandemics and other emergencies.