COVID-19: Pandemic Risk Insurance Act Can Have a Positive Impact on American Sports

“The decision to expand the scope of PRIA to sporting events is particularly helpful, given the massive scope of economic damage caused by the suspension of collegiate and pro sports. Hundreds of thousands of stadium workers, concessions vendors, parking attendants, security guards, and many more are without jobs as a result. They, in turn, are now forced to rely on temporary unemployment benefits to help them weather the pandemic. And with the sports industry being months if not years away from a fully recovering from COVID-19, due to worries about virus transmission at packed stadiums and arenas, those same blue collar workers face desperate uncertainty as to whether they will ever replace that income.”

Read their full take here.