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Insurers Promote Federal Pandemic Insurance Plan to Congress

April 29, 2020

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The U.S. insurance industry is promoting the idea of an insurance plan backed by the federal government that would help businesses that in the future suffer losses from a pandemic, people familiar with the effort told Reuters.

The campaign involves discussions with lawmakers and regulators, public statements and coordination with a broad coalition of non-insurance companies including retailers, hoteliers and booksellers, sources said.

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