{"id":655,"date":"2020-04-02T19:27:00","date_gmt":"2020-04-02T19:27:00","guid":{"rendered":"http:\/\/www.mvragency.com\/blog\/?p=655"},"modified":"2020-05-29T15:15:10","modified_gmt":"2020-05-29T15:15:10","slug":"mvr-supports-new-federal-proposal-for-small-businesses-and-employees","status":"publish","type":"post","link":"https:\/\/www.mvragency.com\/blog\/mvr-supports-new-federal-proposal-for-small-businesses-and-employees\/","title":{"rendered":"MVR supports new federal proposal for small businesses and employees"},"content":{"rendered":"<p><strong>As an independent insurance agency MVR (<em>McCartney, Verrino &amp; Rosenberry)<\/em> Insurance Agency, we support this initiative from the Big &#8220;I&#8221; and our Federal Government to protect small business and employees.<\/strong><\/p>\n<p><strong>We are proud to be an\u00a0independent\u00a0<\/strong><b>agents. More details to follow.<\/b><\/p>\n<h3>Article from the Big &#8220;I&#8221;<\/h3>\n<figure id=\"attachment_657\" aria-describedby=\"caption-attachment-657\" style=\"width: 300px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.mvragency.com\/blog\/wp-content\/uploads\/new-oth.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-657\" src=\"https:\/\/www.mvragency.com\/blog\/wp-content\/uploads\/new-oth-300x200.jpg\" alt=\"\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.mvragency.com\/blog\/wp-content\/uploads\/new-oth-300x200.jpg 300w, https:\/\/www.mvragency.com\/blog\/wp-content\/uploads\/new-oth.jpg 600w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><figcaption id=\"caption-attachment-657\" class=\"wp-caption-text\">US Capitol Building in Spring &#8211; Washington DC United States<\/figcaption><\/figure>\n<p>Earlier this week, the Big \u201cI\u201d joined a range of business trade associations in sending a <a href=\"https:\/\/www.independentagent.com\/GovernmentAffairs\/SiteAssets\/Issues\/Coronavirus\/Joint%20Trades%20COVID-19%20Business%20and%20Employees%20Fund%20Letter,%203-31-20.pdf\" target=\"_blank\" rel=\"noopener\">letter<\/a> to the administration and congressional leaders of both parties seeking their support for a new federal proposal to further assist with the nation\u2019s economic recovery. This proposed new relief program would provide liquidity to businesses to maintain their viability and ability to compensate employees.<\/p>\n<p>The COVID-19 Business and Employee Continuity and Recovery Fund (the \u201cRecovery Fund\u201d) is a very streamlined version of the 9\/11 Victims Compensation Fund legislation, with important distinctions designed to simplify the application process and speed payment to COVID-19-impaired businesses, while reducing the potential for fraud. It would create another tool the administration could use to provide tailored federal assistance to keep COVID-19-impaired businesses solvent and workers employed.<\/p>\n<p>The Recovery Fund would leverage private sector contractors, and potentially insurers and producers on a voluntary basis, to facilitate both expedited applications and interim payments, as well as auditing ongoing relief.\u00a0 A <a href=\"https:\/\/www.independentagent.com\/GovernmentAffairs\/SiteAssets\/Issues\/Coronavirus\/One%20Page%20Summary%20of%20the%20COVID%2019%20Business%20%26%20Employee%20Continuity%20Recovery%20Fund%20(March%2031,%202020).pdf\" target=\"_blank\" rel=\"noopener\">one-page summary<\/a>\u00a0of the Recovery Fund is available.<\/p>\n<p>Over the past couple of weeks, the Big \u201cI\u201d has been working closely with a large coalition of insurance and commercial policyholder trade associations on this concept to deliver additional financial support to U.S. businesses and their workers.\u00a0The unveiling of the concept on Capitol Hill earlier this week now takes the Big \u201cI\u201d from the drafting stage to the advocacy stage.<\/p>\n<p>We will continue to provide updates in News &amp; Views, but please know that the Big \u201cI\u201d is fully engaged in offering credible and competent national solutions to meet the needs of our members\u2019 clients.\u00a0Please use this letter and one page summary as you see fit and feel free to share it with your clients to demonstrate our advocacy on their behalf.<\/p>\n<p>Article written by\u00a0WYATT STEWART. <strong><a href=\"https:\/\/www.iamagazine.com\/news\/read\/2020\/04\/02\/big-i-supports-new-federal-proposal-to-provide-additional-assistance-to-businesses-employees\" target=\"_blank\" rel=\"noopener\">Click here to view original article<\/a><\/strong><\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>As an independent insurance agency MVR (McCartney, Verrino &amp; Rosenberry) Insurance Agency, we support this initiative from the Big &#8220;I&#8221; and our Federal Government to protect small business and employees. We are proud to be an\u00a0independent\u00a0agents. More details to follow. Article from the Big &#8220;I&#8221; Earlier this week, the Big \u201cI\u201d joined a range of business trade associations in sending<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3],"tags":[],"class_list":["post-655","post","type-post","status-publish","format-standard","hentry","category-businessinurance"],"_links":{"self":[{"href":"https:\/\/www.mvragency.com\/blog\/wp-json\/wp\/v2\/posts\/655","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mvragency.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mvragency.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mvragency.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mvragency.com\/blog\/wp-json\/wp\/v2\/comments?post=655"}],"version-history":[{"count":2,"href":"https:\/\/www.mvragency.com\/blog\/wp-json\/wp\/v2\/posts\/655\/revisions"}],"predecessor-version":[{"id":658,"href":"https:\/\/www.mvragency.com\/blog\/wp-json\/wp\/v2\/posts\/655\/revisions\/658"}],"wp:attachment":[{"href":"https:\/\/www.mvragency.com\/blog\/wp-json\/wp\/v2\/media?parent=655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mvragency.com\/blog\/wp-json\/wp\/v2\/categories?post=655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mvragency.com\/blog\/wp-json\/wp\/v2\/tags?post=655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}