When you do your due diligence, do you require that they satisfy you that they are fully insured for losses as to their structures, their inventory, their interruption of business and that sort of thing?
On the public record
All Quotes
Every politician on the site, every statement on file. Search, filter, and read the public record.
6,306·quotes on file
I assume if we want to know more about how you put those numbers together, we can get in touch--staff can get in touch with your shop to find that out?
We have been hit with a $60 billion request from--did that come from the White House?
I am assuming you would agree with me that that is critical, the amount of insurance that they have, when people are looking to the Federal Government to step in and fill a gap.
Insurance companies can be somewhat difficult, at times, when it comes to claims time.
One would hope so. It seems to me, though, that--and I understand you want to keep this short and you want to keep it concise and easy to fill out, which is good. But to me, the most important thing after a disaster a person reaches for is…
I understand, and I was a Governor and I dealt with the Federal Government.
What part of that would be attributable to or within this committee's jurisdiction?
It would seem to me that that is a critical question.
Unfortunately, Congress is not going to help small businesses in one regard, and that is we are going through a kabuki dance up here right now.
Coverage questions are frequent after an event. That is not unusual.
So, theoretically, anybody with a small business loan will receive compensation from their insurance company as opposed to having an issue with coming to the SBA for it and just asking----
People need to know this. I mean, this is money that creates jobs.
If you do not have capital, you cannot operate a small business.
I would like to know how many. I would like to know how much.
I doubt there is any argument amongst Americans or Congress or anyone else that small business is certainly one of the cornerstones of the American economy.