April 29, 2020

U.S. insurers want taxpayers to back pandemic coverage for businesses

Source: Reuters

(Reuters) - 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.
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Insurers want the pandemic policies to be backed by the U.S. government, similar the government-supported commercial terrorism products after the attacks of Sept. 11, 2001.

Chubb Ltd Chief Executive Officer Evan Greenberg called for that kind of public-private partnership on April 22. John Doyle, chief executive of insurance broker Marsh LLC, a Marsh & McLennan Companies unit, also offered “assistance” in crafting such an idea in a March 30 letter to U.S. Treasury Secretary Steven Mnuchin and White House economic adviser Larry Kudlow.

Two non-insurance trade groups also sent pleas for such a policy to U.S. lawmakers and officials on April 20: RIMS, which represents risk managers at major businesses and the National Retail Federation, which partnered with 16 other business groups.

Read more: https://www.reuters.com/article/us-health-coronavirus-insurance-pandemic/u-s-insurers-want-taxpayers-to-back-pandemic-coverage-for-businesses-idUSKCN22B1J8

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Am I the only one who sees this as another shameless bailout request? The insurance industry doesn't want to look too closely at their customers and their behavior. It would be aweful if they are held liable for the results of businesses opening up too soon.

April 23, 2020

WHO warns coronavirus to 'be with us for long time'

Source: Al Jazeera

This is a long thread, and it covers many areas. I will not attempt to cover it all.

Read more: https://www.aljazeera.com/news/2020/04/warns-hunger-coronavirus-cases-top-25m-live-updates-200421233559829.html

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Read the links and follow them deep- they will show you how true health care staff are fighting this epidemic. No BS, no Trumpism, just facta. (at least when I posted this)

April 21, 2020

It's time to open up the country again

We have all seen the protesters on the evening news - those poor Trumpanzees want to get back out in the world again. The photos look like something from a bad zombie movie, but it's real. Their misspelled signs tell the story of their raw emotions coupled with their critical thinking skills.

So let's do it. Imagine if the following events were to suddenly open up around the country.

* Trump rallies
* Bowling Alleys
* Gun shows & ranges
* Tattoo parlors
* Casinos
* Stock car races
* Pro wrestling events

Would our world be a better place by fall?