Instant Insights / Active shooters, workplace violence & insurance
As more tragic shootings occur, insurance and risk management issues become important considerations.
Las Vegas massacre could cost insurers more than $1 billion
The deadliest mass shooting in modern U.S. history is adding to soaring costs for insurance companies, which are already taking a beating this year from an onslaught of hurricanes, earthquakes and wildfires.
By Hannah Levitt, Sonali Basak|November 10, 2017 at 06:47 AM
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While insurers have plenty of experience trying to predict those natural disasters, modeling the motives of perpetrators who can single-handedly cause catastrophes is a much greater challenge for the industry. (Photo: Bloomberg)
(Bloomberg) – The deadliest mass shooting in modern U.S. history is adding to soaring costs for insurance companies, which are already taking a beating this year from an onslaught of hurricanes, earthquakes and wildfires.
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