https://www.washingtonpost.com/business/2020/08/12/hollywood-pandemic-film-industry/
“Covid is an absolute disaster for the independent-film industry,” said Sky Moore, a partner in the corporate entertainment department of the Los Angeles law firm Greenberg Glusker who has spent several decades putting together film financing deals. “The lifeblood of independent-film financing is loans, and loans need insurance. Now you have this massive hole in the middle of all of it.”
(Movies financed by large studios do not buy these policies; Netflix or Disney would just absorb a shutdown or lawsuit as the cost of doing business.)