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Mass shooting insurance rates jump as incidents rise

Analysis-U S mass shooting insurance rates jump as incidents rise

The cost of buying insurance protection against mass shootings has spiked more than 10% in the United States this year following a string of deadly events, insurers said. . | June 29, 2022

U S mass shooting insurance rates jump as incidents rise

(Reuters) -The cost of buying insurance protection against mass shootings has spiked more than 10% in the United States this year following a string of deadly events, insurers said. The United States witnessed 293 mass shootings so far this year, according to a report by the Gun Violence Archive https://www.gunviolencearchive.org that defines https://www.gunviolencearchive.org/methodology them as any event involving the shooting of four or more people other than the assailant. Demand for such insurance has risen following recent shootings, including the murder of 19 children and two teachers at a Texas elementary school last month, the United States' worst school shooting in nearly a decade.

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