by Tyler Durden
Friday, May 14, 2021 - 08:00 PM
As the US returns to some normalcy after a year of the virus pandemic, demand for active shooter insurance has surged following a spate of mass shootings across the country, according to Reuters.
Tarique Nageer, Terrorism Placement Advisory Leader at Marsh, the world's largest insurance broker, reports client requests for active shooter policies have surged by 50% year on year in the past six weeks. These policies cover victim lawsuits, building repairs, legal fees, medical expenses, and trauma counseling.
Chris Kirby, head of political violence cover at insurer Optio, said active shooter policy rates have doubled for some clients due to recent mass shootings. He wasn't specific about what industries the policy rates jumped.