BALTIMORE (AP) — The Maryland Insurance Administration says insurance companies have paid $12.9 million in claims stemming from civil unrest in Baltimore linked to the death in April of Freddie Gray.
The agency said Tuesday that the payments include $11.6 million for commercial property damage. Rioters damaged or looted hundreds of business, and set several on fire, after Gray’s funeral April 27.
The insurance administration says property, casualty and automobile insurers received 445 commercial claims related to the disturbance as of July 27, the deadline for submitting data to the state.
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4 comments:
They should all sue the head Baltimoron - for allowing it to take place!
Is that all?!
Then the insurance companies will raise everybody's rates in the region, so you'll end up paying for it anyway.
The businesses that were destroyed should take the insurance money and get the Hell out of Baltimore! I would run away from that city as quickly as possible!
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