Riot damage in France: Who will pay the bills running into hundreds of millions of euros?

Following looting and vandalism in several French cities, at least 3,000 businesses were affected, with damage estimated at several hundred million euros. Affected shopkeepers are turning to insurers, but payouts will depend on the coverage in each policy and may not cover all losses. The insurers’ federation has pledged to speed up claims and provide advances to help cover initial repairs. Losses also include revenue lost during closures: one convenience store estimates its losses at €100,000 and expects to remain closed for two weeks.