More businesses purchase gun violence liability policies

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More businesses purchase gun violence liability policies
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Expert say incidents are being seen in court as less a 'meteor falling from sky' and more of something that companies should be prepared for.

Mass shootings are not rare events. In 2022, the Gun Violence Archive says it has counted 620 of them so far. In 2014 it was 269 since the website started keeping tabs, those numbers have only gone up — and so have inquiries and insurance premiums to cover them.

Speaking to an insurance trade publication in June after the mass shooting at the elementary school in Uvalde, Texas, another executive said his group has seen a 10-15% increase in costs and a 30% increase in inquiries. Church Mutual, which provides property and liability coverage for around 100,000 houses of worship, says it saw about a 10% rise in inquiries for active shooter insurance.

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