Chubb Ltd., one of the largest U.S. providers of business interruption insurance, has jumped into the debate over how to cover future pandemics, the Business Insurance e-newsletter reported. Chubb said it is lobbying the federal government to cover businesses for losses in the future, but also wants the insurance industry to provide a small portion of pandemic coverage. Under Chubb’s plan, the government would offer up to $750 billion in coverage for small businesses with up to 500 employees. Of that, the industry would pay for 6% of claims, or up to $15 billion, during the program’s first year, growing annually to 12% by year 20. COVID-19, the disease caused by the novel coronavirus, would be excluded. The U.S. insurance industry has been largely denying claims for losses caused by coronavirus-driven lockdowns from businesses-interruption policies, saying that pandemics are excluded.