{"id":32303,"date":"2020-03-28T14:36:49","date_gmt":"2020-03-28T14:36:49","guid":{"rendered":"https:\/\/www.vailvalleypartnership.com\/?p=32303"},"modified":"2020-03-28T14:36:49","modified_gmt":"2020-03-28T14:36:49","slug":"vail-valley-partnership-joins-business-associations-across-the-nation-to-demand-change-in-business-continuity-insurance-to-save-small-business","status":"publish","type":"post","link":"https:\/\/www.vailvalleypartnership.com\/2020\/03\/vail-valley-partnership-joins-business-associations-across-the-nation-to-demand-change-in-business-continuity-insurance-to-save-small-business\/","title":{"rendered":"Vail Valley Partnership joins business associations across the nation to demand change in business continuity insurance to save small business"},"content":{"rendered":"

VAIL VALLEY PARTNERSHIP<\/strong> JOINS BUSINESS ASSOCIATIONS <\/strong>ACROSS THE NATION TO DEMAND CHANGE IN BUSINESS CONTINUITY <\/strong>INSURANCE TO SAVE SMALL BUSINESSES<\/strong><\/p>\n

EDWARDS, CO<\/strong> – As many businesses have been justifiably anxious about how to keep their businesses afloat during this time of COVID-19, Vail Valley Partnership along with over 80 chambers of commerce and business associations across the nation created the Save Small Business Coalition (SSBC)<\/em><\/strong> to address exactly that concern. Businesses need cash now, period. The coalition, spanning 15 states, wants to empower a solution for both small businesses and the insurance industry, backed by the federal government.<\/p>\n

In the past few weeks, communities across the nation have seen their local businesses make the difficult decision to reduce hours, lay off employees, and sadly, in some cases, close their doors for good.\u00a0Many businesses do not qualify for disaster loan programs and some cannot afford to incur additional debt. There is nothing in any business\u2019s insurance that covers this unprecedented event of the Civil Authority of closing of businesses. Trying to reform the policy contracts after-the-fact will likely end up in protracted legal battles and debate while businesses fail and the families they employ suffer irreparable harm. The SSBC believes that with a federally funded backstop to cover the business continuity expenses through defined grants to business owners impacted, insurance carriers and agents could potentially act as a distribution center for funds and likely help define the terms of the grants based on their experience as claims payors and policy writers. The coalition advocates that Government funding be provided to the insurance carriers for a streamlined process without adversely impacting the overall insurance safety net.<\/p>\n

A member of the California State Assembly, Adrin Nazarian, supports the coalition\u2019s efforts in California, stating that \u201cSmall business is the backbone of our economy and it is vital to rebuilding that economy once we defeat the COVID-19 virus. \u00a0However it is imperative that the insurance industry recognize the \u2018business continuity\u2019 claims of small business if this essential part of our economy is to survive.\u201d<\/p>\n

In addition to engaging the government, SSBC is seeking the collaborative support of not only Chamber of Commerce members across the country but many of the largest insurance industry associations representing carriers, agents and brokers including but not limited to: the National Association of Mutual Insurance Companies; The Council of Insurance Agents and Brokers; The Independent Insurance Agents and Brokers of America; and the American Property and Casualty Insurance Association. The faster all of these organizations can collaborate and work together to find a federally funded solution for small business continuity that can be dispersed immediately to small businesses, the quicker the vital heartbeat of the American economy can be saved.<\/p>\n

###<\/p>\n

 <\/p>\n

The Save Small Business Coalition<\/em><\/strong> is committed to the survival of a vibrant business community as businesses across the US are feeling severe economic hardships as government mandates force restrictions and closures on business.<\/p>\n

\u00a0<\/strong><\/p>\n

 <\/p>\n

Colorado<\/u><\/strong><\/p>\n

Basalt Chamber<\/p>\n

Glenwood Springs Chamber<\/p>\n

Gunnison Country Chamber<\/p>\n

Lyons Chamber<\/p>\n

Vail Valley Partnership<\/p>\n

\u00a0<\/u><\/strong><\/p>\n

California<\/u><\/strong><\/p>\n

Bakersfield Chamber<\/p>\n

Brea Chamber<\/p>\n

Carlsbad Chamber<\/p>\n

Century City Chamber<\/p>\n

Corona Chamber<\/p>\n

Culver City Chamber<\/p>\n

Encino Chamber<\/p>\n

Exeter Chamber<\/p>\n

Fortuna Chamber<\/p>\n

Fresno Chamber<\/p>\n

Greater Coachella Valley Chamber<\/p>\n

Greater Riverside Chambers<\/p>\n

Greater Riverside Chambers<\/p>\n

Greater San Fernando Valley<\/p>\n

Green Public Affairs & Campaigns<\/p>\n

Hollywood Chamber<\/p>\n

LAGLCC<\/p>\n

Lake Elsinore Chamber<\/p>\n

Lancaster Chamber<\/p>\n

Livermore Chamber<\/p>\n

Lodi Chamber<\/p>\n

Long Beach Chamber<\/p>\n

Los Angeles Area Chamber<\/p>\n

Los Angeles Area Chamber<\/p>\n

Murrieta\/Wildomar Chamber<\/p>\n

North Valley Regional<\/p>\n

Chamber<\/p>\n

Oceanside Chamber<\/p>\n

Oxnard Chamber<\/p>\n

Pleasanton Chamber<\/p>\n

Rancho Mirage Chamber<\/p>\n

San Luis Obispo Chamber<\/p>\n

Santa Maria Chamber<\/p>\n

Santa Monica Chamber<\/p>\n

Santa Monica Chamber<\/p>\n

Simi Valley Chamber<\/p>\n

Sonoma Valley Chamber<\/p>\n

Tahoe Chamber<\/p>\n

The Silicon Valley<\/p>\n

Organization<\/p>\n

Torrance Chamber<\/p>\n

Tulare Chamber<\/p>\n

Victory Valley Chamber<\/p>\n

Vista Chamber<\/p>\n

West Hollywood Chamber<\/p>\n

West Valley Warner Center<\/p>\n

Chamber<\/p>\n

 <\/p>\n

Arizona<\/u><\/strong><\/p>\n

Buckeye Valley Camber<\/p>\n

Carefree Cave Creek<\/p>\n

Lake Havasu Chamber<\/p>\n

 <\/p>\n

Indiana<\/u><\/strong><\/p>\n

Madison Chamber<\/p>\n

 <\/p>\n

Iowa<\/u><\/strong><\/p>\n

Marshalltown Chamber<\/p>\n

 <\/p>\n

Louisiana<\/u><\/strong><\/p>\n

Broussard Chamber<\/p>\n

 <\/p>\n

Mississippi<\/u><\/strong><\/p>\n

Petal Area Chamber<\/p>\n

 <\/p>\n

Nebraska<\/u><\/strong><\/p>\n

McCook Chamber<\/p>\n

 <\/p>\n

Nevada<\/u><\/strong><\/p>\n

Boulder City Chamber<\/p>\n

 <\/p>\n

New Hampshire<\/u><\/strong><\/p>\n

The Falls Chamber<\/p>\n

 <\/p>\n

Ohio<\/u><\/strong><\/p>\n

Mason Deerfield Chamber<\/p>\n

 <\/p>\n

Oklahoma<\/u><\/strong><\/p>\n

Johnston County<\/p>\n

 <\/p>\n

Oregon<\/u><\/strong><\/p>\n

Albany Chamber<\/p>\n

Bandon Chamber<\/p>\n

Beaverton Chamber<\/p>\n

Eugene Chamber<\/p>\n

Hillsboro Chamber<\/p>\n

North Clackamas Chamber<\/p>\n

Roseburg Area Chamber<\/p>\n

Sherwood Area Chamber<\/p>\n

The Chamber of Medford\/Jackson County<\/p>\n

Tigard Chamber<\/p>\n

Tualatin Chamber<\/p>\n

Wilsonville Area Chamber<\/p>\n

 <\/p>\n

South Dakota<\/u><\/strong><\/p>\n

Pierre Area Chamber<\/p>\n

Texas<\/p>\n

Kaufman Chamber<\/p>\n

Kyle Chamber<\/p>\n

Longview Chamber<\/p>\n

Lubbock Chamber<\/p>\n

Montgomery Area Chamber<\/p>\n

 <\/p>\n

Wyoming<\/u><\/strong><\/p>\n

Campbell County Chamber<\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

VAIL VALLEY PARTNERSHIP JOINS BUSINESS ASSOCIATIONS ACROSS THE NATION TO DEMAND CHANGE IN BUSINESS CONTINUITY INSURANCE TO SAVE SMALL BUSINESSES…
Read More<\/a><\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[84],"tags":[2317,2316,311],"class_list":["post-32303","post","type-post","status-publish","format-standard","hentry","category-partnership-press-releases","tag-business-continuity-insurance","tag-save-small-business-coalition","tag-vail-valley-partnership"],"acf":[],"yoast_head":"\nVail Valley Partnership joins business associations across the nation to demand change in business continuity insurance to save small business | Vail Valley Partnership<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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