George Floyd News

Insurers May Rethink Property Risk After Unprecedented Losses From Riots

The civil disturbance that started in Minneapolis after the killing by police of George Floyd spread to 20 other states — an unprecedented property insurance catastrophe that will likely impact policy renewals and could even persuade some insurers to exclude …

Measuring the Moment: How Will George Floyd’s Death Matter to Insurance Industry?

The marches and protests across the globe sparked by the death of George Floyd by Minneapolis police are presenting the country with opportunities to confront the racism and inequality that African-Americans confront every day. As executive director of the National …

Minneapolis Reform Recommendations Include Police Liability Insurance Mandate

Several advocacy groups presented their own recommendations to reform law enforcement practices in Minneapolis, a day after the majority of the City Council voiced support for abolishing the police department entirely in the wake of George Floyd’s death. Minnesota’s Council …

Grand Rapids Pegs Property Damage from Protests at $448,000

Officials in a western Michigan city are estimating $448,000 in damage was caused during protests over the death of George Floyd that turned violent last weekend. The estimate by Grand Rapids is preliminary and is for damage to public and …

Unrest After George Floyd Death Reminds Insurers of 1968 Uprising

Scenes that played out over the past few days in several East region states are serving as a stark reminder for the insurance industry of civil unrest that took place in New York and other U.S. states more than 50 …

‘Eyes Are on You:’ Minneapolis Neighbors Band to Stand Guard

MINNEAPOLIS — The two men stepped from the shadows as the car turned off an upscale shopping street into a residential area located on the far edge of the rioting that swept through Minneapolis. It was after midnight. A pair …

US Cities Erupt in More Violence Amid Threats From Trump

WASHINGTON — American cities erupted in violence and destruction in a seventh straight night of unrest, with several police officers shot or run over, amid boasts and threats from President Donald Trump to send in troops to “dominate the streets.” …

Insured Losses from Riots Reach ‘Catastrophe’ Levels, May Rival Record

Rioting that erupted in cities across the United States after the Memorial Day death of George Floyd in Minneapolis may rival the 1992 Los Angeles riots to become the most costly civil disorder in United States history. The civil disturbance …

Protests Hammer U.S. Cities Still Recovering From Lockdown

The reopening of America was always going to be fraught, with competing fears of new virus outbreaks and economic meltdown. Now cities across the nation, from New York to Chicago to Los Angeles, are reeling from unrest that could worsen …