Losses From Civil Unrest to be an Issue at Renewals

Losses "will certainly be on the minds of property underwriters."
July 8, 2020

The US has seen “no precedent” for the civil unrest that began after the killing of George Floyd in Minnesota and sparked civil disturbance in 20 additional states, said Tom Johansmeyer of Verisk Analytics’ Property Claim Services. Losses in Minnesota alone could surpass $25 million, and the issue “will certainly be on the minds of property underwriters” at renewals, Johansmeyer said.

Meanwhile in a draft bulletin, the Colorado Division of Insurance states that health insurers should not deny claims for individuals injured in community protests based on riot exclusions. The division takes the position that covered persons participating in community protests are not engaged in illegal acts. “The division wants Coloradans to feel safe exercising their First Amendment rights, knowing their care is covered if they get injured in a community protest,” said Insurance Commissioner Michael Conway.


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