U.S. Treasury weighs in on debate surrounding business interruption insurance

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Insurance Information Institute - May 12, 2020

The U.S. Treasury Department issued a letter to members of Congress on May 8 which argued that proposals to force insurers to retroactively change business interruption (BI) policies to pay losses arising from the COVID-19 pandemic threaten the ability of the industry to serve policyholders and migh...

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