The Los Angeles riots resulted in $775million in insurance claims being paid out. The unrest following Floyd's death was the costliest in insurance historyThere were riots, vandalism, looting, and arson in some 140 cities in the days and weeks following Floyd's death. While other riots caused significant damage, the events that followed Floyd’s death were unprecedented in scope. Experts warn that continuing racial tensions could result in even more insurance claims. But the claims paid out by insurance companies over the years in the wake of civil unrest pale in comparison to those related to natural disasters.

Source: Daily Mail September 16, 2020 19:49 UTC