For more information on Civil Disorders, see Facts + Statistics, Civil Disorders.
The event caused $775 million in insured losses, according to PCS, or about $1.4 billion in 2020 dollars. civil disorder occurred from April 29 through May 4, 1992, in Los Angeles, California, after a jury acquitted Los Angeles Police Department officers for using excessive force in the arrest and beating of Rodney King. PCS had compiled insured losses for the Baltimore, Maryland riots of April 2015 but these riots did not meet PCS’s threshold for a catastrophe (insured losses reaching $25 million) when they occurred. This was the first time since 1992 that PCS has compiled significant insured losses for a civil disorder and declared it a catastrophe.
history with insured losses estimated at over $2 billion by PCS (subject to further evaluation). The 2020 event is the costliest civil unrest in U.S. The Property Claim Services (PCS) a unit of a Verisk Analytics, designated the civil unrest that took place from May 26 to Jas a multi-state catastrophe event with over 20 states experiencing significant losses.
The National Guard was deployed in at least 21 states and Washington, D.C. cities, including Washington, D.C., New York, Chicago, Philadelphia, and Los Angeles. On May 26, 2020, after the death of George Floyd in police custody, protests and riots broke out in Minneapolis, Minnesota and spread over the weeks that followed to another 140 U.S.
