There’s a new insurance market emerging in light of a disturbing reality in today’s world – active shooter risks. The new coverage is meant to address a gray area in insurance policies that may leave insureds vulnerable to claims in the aftermath of an active shooter incident.
Incidents involving an active shooter, defined as one or more individuals actively engaged in killing or attempting to kill people in a populated area, are increasing around the country. An FBI study of 160 active shooter incidents in the U.S. between 2000 and 2013 found an average of 11.4 annually, or one every three weeks. [read more]