"THey ARe NOt ViOlenT derp"
When George Floyd died while in police custody in late May, most agreed his premature death was a tragedy. Yet the discussion on criminal justice reform that emerged in the weeks after Floyd’s passing was quickly overshadowed by the rioting, looting, and violence that broke out in major cities such as Minneapolis, Seattle, and New York.
Dozens of people were killed or injured in the violent unrest, and thousands of businesses and properties, many minority-owned, were looted, torched, or otherwise vandalized. Only now are we beginning to realize the full cost of the destruction. New reporting from Axios reveals that the total insured property losses incurred during the George Floyd riots will come in at $1 billion to $2 billion.
$1 billion-plus riot damage is most expensive in insurance history https://t.co/edlbO0xsfH