The ASAE Public Policy team is close to its submission goal for its insurance research survey, which will be used to build support for pandemic risk insurance legislation. The deadline to complete the survey is Monday, Dec. 6. Congresswoman Carolyn Maloney (D-N.Y.) reintroduced the Pandemic Risk Insurance Act (PRIA) to establish a federal backstop for… Read more »

Treasury Secretary Janet Yellen warned Congress again this week that failure to raise the debt ceiling would “eviscerate” U.S. economic recovery. While Senate leaders continue to have closed-door discussions about the debt limit, Congress has until Dec. 15 before the Treasury Department runs out of resources to manage the borrowing authority of the U.S. government…. Read more »

The House is likely to vote on a stopgap spending measure today with government funding set to expire tomorrow, Friday. This morning, a deal was struck between Democrats and Republicans to continue government funding at current levels until February 18. Democrats wanted a continuing resolution to fund the government until Jan. 28. Also included is… Read more »

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 »