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Thursday, 19 March 2020

PM Modi to address the nation today at 8 pm on measures to combat Coronavirus

PM Modi to address the nation today at 8 pm on measures to combat Coronavirus
NEW DELHI: PM Modi chaired a review meeting on Wednesday to review the ongoing efforts to contain COVID-19 and will address the nation on Thursday on the efforts to combat it.
Modi is closely monitoring the situation daily and discussed on Wednesday the ways to further strengthen India’s preparedness, including further enhancing testing facilities and actively engaging with individuals, local communities and organizations in chalking our mechanisms to fight the COVID-19 menace.
The next 15 days are crucial in India’s battle against the COVID-19 outbreak and all efforts are being made to contain the spread of the disease during this period and in April, said government officials. The effort is to flatten the curve of infected cases in this period and sustaining the same over April.
Underlining that India was the first to stop incoming travelers from abroad, from March 13, officials said the “positive impact” of this decision should be seen by the end of the month as all positive  cases in India so far have been related to people coming from abroad and that it takes one-two weeks for the symptoms to appear.
“It was a major call (on March 11) and some termed it sudden but it came quickly in a few hours after the WHO (World Health Organization) declared coronavirus a global pandemic and our assessment of the cases,” said a senior official, who did not wish to be identified. “The US, with far more cases, announced a ban only on travel from Europe soon after and is now planning to expand it. The bar on incoming travelers was raised thereafter by India and we are ahead of the curve.”
Officials also highlighted that the PM has been in touch with leaders in  as well as G20, aiming at both regional and international partnerships to take on the epidemic, amid an early acknowledgement that no country has the expertise to fight COVID-19 alone. While steps are already afoot for a cooperation and creation of a fund following the PM’s video conference with SAARC leaders earlier this week, a similar effort with  countries is also on the cards after PM Modi first spoke about it with the Australian PM and then Saudi Arabia’s Crown Prince, as Saudi Arabia is the chair of G20.
“These initiatives by the PM are the first from a world leader on COVID-19 and could go a long way in a united fight against the disease by India, US, UK and European Union through the G20 platform,” said an official.
                                   
his review meetings, Modi has stressed on spreading education on precautions and stopping the spread of panic. The message “seems to have hit home”, according to officials. The step to involve the private sector for testing and treatment is aimed at escalating response mechanism in event of a sharp increase in cases, amid a suggestion within the government to conduct a sample survey in the community to assess ‘community spread’, said officials.
PM Modi to address the nation today at 8 pm on measures to combat Coronavirus.


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Under the state-based insurance guideline framework, each state works autonomously to manage their own insurance markets, ordinarily through a state branch of insurance or division of insurance. Extending back similar to the Paul v. Virginia case in 1869, difficulties to the state-based insurance administrative framework have ascended from different gatherings, both inside and without the insurance industry. The state administrative framework has been depicted as unwieldy, repetitive, befuddling and expensive.


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The NAIC goes about as a gathering for the formation of model laws and guidelines. Each state chooses whether to pass each NAIC model law or guideline, and each state may make changes in the authorization procedure, yet the models are wide, but to some degree sporadically, embraced. The NAIC likewise acts at the national level to propel laws and approaches upheld by state insurance controllers. NAIC model acts and guidelines give some level of consistency between states, however these models don’t have the power of law and have no impact except if they are embraced by a state. They are, nonetheless, utilized as aides by most states, and a few states embrace them with next to zero change.
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That understanding appears as an insurance strategy.
The primary insurance company in the United States endorsed fire insurance and was shaped in Charleston, South Carolina, in 1735. In 1752, Benjamin Franklin helped structure a shared insurance company called the Philadelphia Contributionship, which is the country’s most seasoned insurance bearer still inactivity.


Franklin’s company was the first to make commitments toward flame counteractive action. In addition to the fact that his companies caution against certain flame dangers, however, it additionally would not protect certain structures where the danger of flame was excessively incredible, for example, all wooden houses.[

Insurance in the United States alludes to the market for hazard in the United States, the world’s biggest insurance showcase by premium volume.Of the $4.640 trillion of gross premiums composed worldwide in 2013, $1.274 trillion (27%) were written in the United States.
Insurance, by and large, is an agreement where the safety net provider consents to redress or repay another gathering (the safeguarded, the policyholder or a recipient) for indicated shortfall or harm to a predetermined thing (e.g., a thing, property or life) from specific dangers or dangers in return for an expense (the insurance premium).

In the course of recent decades, restored calls for discretionary government guideline of insurance organizations have sounded, including the Gramm-Leach-Bliley Act in 1999, the proposed National Insurance Act in 2006 and the Patient Protection and Affordable Care Act (“Obamacare”) in 2010.[16]

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