ICYMI: "A Strong Insurance Market Will Be Critical To Bringing Our Economy Back"
July 16, 2020

Earlier this month, former insurance regulator and legislator Howard Mills added his take to the current debate surrounding business income (interruption) insurance (BI). Mills argues that the important role of insurers in driving the economic recovery should not be jeopardized by proposals to retroactively rewrite BI policies. 

“These legislative efforts to abrogate insurance contracts, if successful, would destroy the property/casualty insurance industry, turning COVID-19 into something it is not: a solvency-threatening event for the American P/C industry.”

As the former New York state superintendent of insurance and former deputy minority leader of the New York State Assembly, Mills has a unique insight into both the insurance and policymaking worlds. He argues:

Read Howard Mills’ full column here, via Best’s Review.