The costliest civil disorder in U.S. history: That's what insurance experts and city officials say the riots and demonstrations following the death of George Floyd are shaping up to be. And for the first time since statistics were collected in 1950, the insurance industry has labeled this a “riot and civil disorder" catastrophe in multiple states. The state also spent over $38.2 million in California Highway Patrol overtime costs and $25 million deploying the National Guard. CLICK HERE TO GET THE FOX NEWS APPProperty Claims Services made its determinations about the “civil disorder event” by talking to insurance companies. "When you look at the U.S., riot and civil disorder may generally appear as a sub-$100 million risk, with the potential for much greater losses.
Source: Fox News June 29, 2020 21:56 UTC