However, the Insurance Information Institute reported on Property Claim Services (PCS), a company that tracked insurance claims during the Black Lives Matter riots that took place from May 26-June 8, 2020, caused the most costly damage of any civil disorders in U.S. history. According to PCS, the riots amassed an enormous amount of damage that caused between $1-2 billion in insurance claims from property owners. Despite claims of few “incidents,” the facts show that several of these protests, namely the ones that took place in Minneapolis, MN, and Kenosha, WI, resulted in massive damages and financial losses.
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