riots News

ES Risks & FocusPoint International Announce New Solution with Certain Underwriters at Lloyd’s of London to Provide World Class Response Under ‘Crisis Bulwark’ Facility

London, UK, FEBRUARY 9, 2021 – ES Risks and FocusPoint International (FPI) announce a new offering with Lloyd’s of London, that will bring world-class crisis response and technology into the product concept to be known as ‘Crisis Bulwark’. Crisis Bulwark …

Three Charged in Break-In at Science Museum of Virginia

Three men have been charged with felonies, and authorities are seeking a fourth man following an investigation of a break-in at the Science Museum of Virginia during a night of riots and looting, Virginia Capitol Police said. A news release …

The Impact of Political Risks on Businesses

Civil unrest incidents such as protests and riots are challenging terrorism as the main political risk exposure for companies. Recently, events such as the French “yellow vest” protests (insured losses around $90 million), as well as unrest in Chile (around …

Windows Broken Fire Set During Seattle Protests

Protesters in Seattle broke through a fence Saturday where a youth detention facility was being built, with some people setting a fire and damaging a portable trailer, authorities said. Thousands of protesters ad gathered near downtown Seattle on Saturday in …

Did Debate Over Business Income Insurance Just Get More Complicated?

As the insurance industry faces litigation and questions over virus-related claim denials, it could soon be dealing with another business income hurdle due to the civil unrest that has taken place in many U.S. cities following the death of George …

Insurers Prepare for Claims as East States See Property Damage from Civil Unrest

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 …

After Riots, Authorities Regain Control of Texas Prison

Officers have regained control of a South Texas prison where inmates had set fires and caused significant damage after taking over part of the facility, according to the private contractor operating the prison. About 300 of the 2,800 inmates were …

ABI Chides UK’s Riot Compensation Scheme for Shortchanging Londoners

A bulletin from the Association of British Insurers (ABI) indicates that “while insurers reacted quickly to help customers hit by last August’s riots, the riot compensation scheme has failed too many Londoners.” Presenting the figures at the London Assembly the …

UK Insurers Welcome PM’s Pledge on Compensation Scheme

The UK’s insurance industry “has welcomed Prime Minister David Cameron’s announcement that the Riot Act police compensation schemes will operate as normal and has promised to use its expertise to help the government and police authorities implement the scheme,” according …

Event Cancellation Coverage for UK Riots Rarely Applicable

“Most of the events cancelled were due to the police being need elsewhere,” said Simon Lyons, contingency underwriter at London-based Sportscover Europe Ltd. He explained that football (soccer) matches, unlike most concerts and other special events, normally require a contingent …