Mass Shooting Insurance in High Demand as U.S. Emerges From Lockdown (Reuters)

Mass Shooting Insurance in High Demand as U.S. Emerges From Lockdown

Monday, May 17th, 2021 Excess & Surplus Lines

As normality filters back into American lives after a year of lockdowns, hospitals and other institutions are busy making provisions for one aspect of that old normal they would rather consign to the past - mass shootings.

Last year was the least deadly for U.S. mass shootings in a decade, a Reuters tally shows.

But spring has brought a resurgence and insurers are reporting a jump in demand for protection against such events, at a time when the pent-up traumas and frustrations of living through a pandemic are also re-entering the public domain.

Client inquiries for what the industry calls active shooter policies have risen 50% year on year in the past six weeks, said Tarique Nageer, Terrorism Placement Advisory Leader at Marsh, the world’s biggest insurance broker.


External References & Further Reading
https://www.reuters.com/business/legal/mass-shooting-insurance-high-demand-us-emerges-lockdown-2021-05-13/
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