Retailers are calling on Congress to pass federal legislation that would establish a national program to help businesses obtain insurance coverage for pandemics, similar to plans that cover losses associated with acts of terrorism established after the 9/11 attacks.
The National Retail Federation and the Retail Industry Leaders Association, as well as the International Council of Shopping Centers and National Restaurant Association, joined with other business groups in sending a letter to House and Senate Democratic and Republican leaders urging them to take action quickly to pass the “Pandemic Risk Insurance Act of 2020” (PRIA).
