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National Retail Federation: Retailers Say Pandemic Risk Insurance Act Would Provide 'Greater Relience' in Future Outbreaks

May 27, 2020

The National Retail Federation issued the following news release:. The National Retail Federation welcomed the introduction of the Pandemic Risk Insurance Act, which would establish a federal program to help businesses obtain insurance coverage for pandemics modeled on a system for terrorism insurance established following 9/ 11..

Trusted Advisor Fulcrum Risk Solutions Partners with United Benefit Advisors

May 27, 2020

“Fulcrum Risk Solutions prides itself on being a trusted advisor for our clients, going beyond healthcare insurance to provide customized solutions that impact their bottom lines,” said Brian Morris, President of Fulcrum Risk Solutions. ” As an independent brokerage firm, our new partnership with United Benefit Advisors allows us to leverage a vast network of…

R Street Responds to Introduction of Pandemic Risk Insurance Act

May 27, 2020

The R Street Institute issued the following statement by R.J. Lehmann, director of finance of insurance and trade policy, in response to the introduction of the Pandemic Risk Insurance Act by Rep. Carolyn Maloney, D- New York:. “We appreciate the work by Rep. Maloney and her staff in preparing this legislation and agree with her conclusion that private insurance…

California Lays Out Pandemic Rules For Church Reopenings

May 27, 2020

—Rabbi Shalom Rubanowitz looks forward to reopening his synagogue doors— if his congregation can balance the laws of God and California during the coronavirus pandemic. The Orthodox congregation of Shul on the Beach in Los Angeles County's Venice Beach will follow the guidelines, consulting with rabbinical authorities who place a high importance on…

COVID-19 and Continued Market Hardening Put Stress on P/C Market in Q1 2020, According to CIAB Market Survey

May 27, 2020

The Council of Insurance Agents and Brokers issued the following news release:. The market continued to harden in Q1 2020, according to The Council of Insurance Agents& Brokers' quarterly Commercial Property/Casualty Market Survey. Respondents reported moderate to significant premium pricing increases for all account sizes and all lines of business…

Sens. Durbin, Duckworth Join Colleagues to Release Plan to Expand Health Care Coverage, Affordability During COVID-19 Pandemic

May 27, 2020

U.S. Senators Dick Durbin and Tammy Duckworth joined Senators Jeanne Shaheen, Tina Smith, Ron Wyden, and Patty Murray to release a Senate Democratic plan to expand health care coverage and affordability during the COVID-19 pandemic. In a white paper, the Senators outline a series of common sense legislative priorities that the Senate should take up…

They drove 19 hours to make gumbo for Michigan flood victims

May 27, 2020

His wife, Tabitha, read news of the two dams failing north of Midland last week, destroyed homes and tattered lives in her Facebook feed, and decided the family of four would head north from their home just north of Lafayette, Louisiana. She contacted the Michigan governor's office and the United Way of Midland County. So we packed up and headed on over, “said Dwayne…

Pharmaceutical Care Management Association Applauds Trump Administration on Program to Reduce Insulin Costs for Medicare Enrollees

May 27, 2020

The Pharmaceutical Care Management Association issued the following statement:. Pharmaceutical Care Management Association President and CEO JC Scott issued the following statement applauding the Administration's initiative, announced, to reduce insulin costs for Medicare enrollees:. “We commend the Administration for allowing Part D plan sponsors…

Sen. Tillis Urges Administration to Ensure National Guard Receives Benefits Earned on COVID-19 Frontlines

May 27, 2020

Senators Thom Tillis and a bipartisan group of 125 Members of Congress recently sent a letter to President Donald Trump, Secretary of Defense Mark Esper, and Federal Emergency Management Agency Administrator Peter Gaynor calling on the administration to ensure National Guard personnel who are serving on the frontlines of the COVID-19 response efforts…

Public Citizen: Most Insulin Patients Won't Benefit Under President Trump's Plan

May 27, 2020

Public Citizen issued the following statement by Peter Maybarduk, director of Access to Medicines Program:. Note: President Donald Trump announced that 1,750 Medicare Part D and Medicare Advantage plans have applied to participate in a model to limit insulin out-of-pocket payments. Only 54% of all Medicare beneficiaries are enrolled in so-called “enhanced…

May 27, 2020

States And Cities Continue Plunge Into Financial Black Hole

In Minnesota, a surplus of $1.5 billion turned into a shortfall of $2.4 billion within two months. The Center on Budget and Policy Priorities, a liberal think tank, projects that state budget shortfalls will total $765 billion over the next three years. That’s an increase from other recent CBPP estimates of shortfalls.

Sen. Heinrich: N.M. Delegation Calls on FEMA to Waive State's Cost-Share Requirements for COVID-19 Response Efforts

May 27, 2020

U.S. Senators Tom Udall and Martin Heinrich, and U.S. Representatives Ben Ray Lujan, Deb Haaland, and Xochitl Torres Small are calling on Federal Emergency Management Agency Administrator Peter Gaynor to waive all cost-sharing requirements for assistance under President Trump's Major Disaster Declaration for the State of New Mexico, 4529- DR, for the…

Rep. Axne Applauds $2,800,000 Grant to Aid Flood Recovery in Fremont County

May 27, 2020

Cindy Axne celebrated a new $2,816,691 grant from the Federal Emergency Management Agency to fund flood recovery efforts in rural Fremont County. The grant will fund the purchase of 20 residential properties in Fremont County that have been substantially damaged by flooding at pre-flood values, allowing Iowa families in these homes to move forward after…

Virus Expands Grip In Many Areas, As US Nears 100,000 Deaths

May 27, 2020

—South Korea reported its highest number of new coronavirus infections in weeks on Wednesday and India reported another record single-day jump of more than 6,000 cases, as the pandemic expanded its grip across much of the globe. Still, optimism over reopening economies from business shutdowns to fight the virus spurred a rally on Wall Street, even as the…

Labor Department Obtains Consent Order and Judgment to Restore Assets to Participants in Iowa Trucking Company's Retirement Plan

May 27, 2020

The U.S. Department of Labor's Employee Benefits Security Administration issued the following news release:. The U.S. District Court for the Southern District of Iowa has issued a consent order and judgment requiring the fiduciaries of the Shinn 401 Retirement Plan to restore $35,032 to the Eddyville, Iowa- based Ben Shinn Trucking Inc.' s employee benefit…

BoatUS: The 183-Day-Long Hurricane Season Starts Monday – Got 10 Minutes to Safeguard Your Boat?

May 27, 2020

The Boat Owners Association of the U.S. issued the following news release:. The 2020 hurricane season starts Monday, June 1, and runs through November 30. To help, BoatUS Magazine offers a range of short hurricane-planning videos and other resources at BoatUS.com/hurricanes.

Sens. Peters, Stabenow, Rep. Moolenaar Join FEMA to Tour Flooding in Midland County

May 27, 2020

U.S. Senators Gary Peters and Debbie Stabenow and U.S. Representative John Moolenaar joined with FEMA Regional Administrator James K. Joseph in surveying damage caused by the historic flooding and dam failure earlier this week in Midland County. As Ranking Member of the Committee that oversees FEMA, I was pleased to join Administrator Joseph and my…

Lawmakers push President Trump, Defense Secretary, and FEMA Administrator to address National Guard health care, GI Bill, and retirement benefits

May 27, 2020

WILMINGTON, Del.– U.S. Senator Chris Coons joined U.S. Senators Michael Bennet and Cory Gardner and U.S. Representatives Jason Crow and Doug Lamborn and a bipartisan group of 125 Members of Congress in a letter to President Donald Trump, Secretary of Defense Mark Esper, and Federal Emergency Management Agency Administrator Peter Gaynor calling on the…

Request for Comments of a Previously Approved Information Collection, Approval of Underwriters of Marine Hull Insurance

May 27, 2020

SUMMARY: In compliance with the Paperwork Reduction Act of 1995, this notice announces that the Information Collection Request abstracted below is being forwarded to the Office of Management and Budget for review and comments. FOR FURTHER INFORMATION CONTACT: Mike Yarrington, 202-366-1915, Director, Office of Marine Insurance, Maritime Administration,…

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