Damage from riots in France: who will pay bills running into hundreds of millions of euros?

After looting and vandalism struck several French cities on Saturday, at least 3,000 businesses were affected, with damage estimated at hundreds of millions of euros. Affected shopkeepers are turning to insurers, but compensation will depend on individual policy coverage and may not cover all losses. The insurers’ federation has pledged to speed up claims processing and provide advances for initial repairs. Business interruption losses add to the bill: one grocery store expects to close for two weeks and estimates its losses at €100,000.