Top 10 Costliest U.S. Civil Disorders (1) |
($ millions)
|
|
|
|
Estimated loss (2) |
|
Rank (3) |
Date |
Location |
Dollars when occurred |
In 2020 dollars (4) |
1 |
May 26-June 8, 2020 |
>20 states |
>$1,000 (5) |
>$1,000 (5) |
2 |
Apr. 29-May 4, 1992 |
Los Angeles, CA |
775 |
1,437 |
3 |
Aug. 11-17, 1965 |
Los Angeles, CA |
44 |
361 |
4 |
Jul. 23, 1967 |
Detroit, MI |
42 |
326 |
5 |
May 17-19, 1980 |
Miami, Fl |
65 |
206 |
6 |
Apr. 4-9, 1968 |
Washington, DC |
24 |
181 |
7 |
Jul. 13-14, 1977 |
New York, NY |
28 |
119 |
8 |
Jul. 12. 1967 |
Newark, NJ |
15 |
116 |
9 |
Apr. 6-9, 1968 |
Baltimore, MD |
14 |
105 |
10 |
Apr. 4-11, 1968 |
Chicago, IL |
13 |
98 |
(1) From 1965-2020. As of September 30, 2020.
(2) Includes riots and civil disorders causing insured losses to the insurance industry of at least $1 million up to 1992; $5 million from 1992 to 1996 and $25 million thereafter.
(3) Ranked on 2020 dollars.
(4) Adjusted to 2020 dollars by the Insurance Information Institute using the Bureau of Labor Statistics CPI Inflation Calculator
(5) Preliminary estimate from PCS. This event is still open for further evaluation.
Source: The Property Claim Services® (PCS®) unit of ISO®, a Verisk Analytics® company, U.S. Bureau of Labor Statistics, Insurance Information Institute. |
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