Damage from riots across US will cost at least $1B in claims: report
The damage from riots and looting across the U.S. following the death of George Floyd is estimated to be the costliest in insurance history – between $1 billion and $2 billion.
Insurance Information Institute (or Triple-I) compiles information from a company called Property Claim Services (PCS), which has tracked insurance claims related to civil disorder since 1950, and other databases. It provided reports to Axios that the damage from unrest between May 26 and June 8 will be the most expensive in the nation’s history, surmounting the Rodney King riots of 1992 in Los Angeles.
The price tag could be as much as $2 billion and possibly more, according to Triple I. But the protests related to Floyd differ from others the database has tracked – never before have they been so widespread.
https://www.foxbusiness.com/economy/damage-ri...-expensive
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puTz You really need to Stop Posting .> > Head Shake
That continues to be the distinguishing feature. NO political official incited any George Floyd related riots.
Really Oh Oh tomato tomato / Head Shake how old are you ? ?
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No need to exaggerate. I've yet to read a critical word from you about Trump's rally that incited the riot.
That continues to be the distinguishing feature. NO political official incited any George Floyd related riots.
And, the Trump shit show it hasn't fully played out yet now has it? Let's see what Trumpanzees try on inauguration day.
How much damage did the George Floyd riots cause?
However, the violence had resulted in two deaths, 604 arrests, and upwards of $500 million in property damage to 1,500 locations, making it the second-most destructive period of local unrest in United States history, after the 1992 Los Angeles riots.
