Insurance costs from riots, unrest could equal cost of Category 2 Hurricane Sally | Just The News: Insured losses stemming from the riots and unrest intermittently associated with Black Lives Matter protests across the country could possibly top $2 billion, a sum equal to industry estimates of the losses associated with the recent highly destructive Category 2 Hurricane Sally.
The riots were touched off by the police-involved death of Minneapolis resident George Floyd, who died on May 25 after a police officer kneeled on his neck for several minutes during an arrest. Since then, violence, looting, arson and widespread vandalism linked to political unrest have broken out sporadically in numerous cities across the country.
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