With the first anniversary of last summer’s riots just past, the insurance industry is calling on the government for an urgent reform of the Riot Damages Act (1886).
Data from the Association of British Insurers (ABI) shows that its members experienced 3,000 riot claims and policy holders will receive around £200 million in compensation.
Over half of claims submitted by insurers to police authorities under the Riot Damages Act have been declined. The ABI are calling for the government to simplify the act in order to speed up and simplify the claims process.
See the ABI’s proposed reforms on Insurance Daily.

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