2 ms·
I would say yes, but realistically all large enough companies purchase adequate insurance for known categories like property and casualty. So this particular cl
by proteal 3y ago
I would say yes, but realistically all large enough companies purchase adequate insurance for known categories like property and casualty. So this particular claim probably isn't making waves, but there have been claims in the past. For example, when that dude shot up the AMC theater during the Dark Knight, literally every other theater chain bought as much terrorism insurance as the market would sell them. Ironically, because the risk was elevated after the event, price went way up and coverage offered went way down because underwriters saw it as a losing bet.