Damage from unrest and looting after a teenager’s death has resulted in a $721 million insurance bill, an industry body estimates The economic cost is mounting in France after the fatal police shooting of a teenager sparked widespread unrest. Ten days after the start of the unprecedented riots in late June, over 11,000 claims were reported, putting the bill at €650 million ($721 million), according to the French insurance federation. Claims on professional property accounted for 55% of the total cost, France Assureurs reported, as cited by AFP this week. The federation emphasized that the first claims received fiv
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