UPDATE: ABI expects riot costs will hit £100m

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The Association of British Insurers (ABI) today said it anticipates the cost of nationwide riots to insurers will reach £100m.

Riots broke out on Saturday night following a peaceful protest in Tottenham over the police shooting of local man Mark Duggan. Unrest spread across the capital to Peckham, Wood Green, Enfield, and Hackney, and around the country to Birmingham, Bristol, Liverpool and Nottingham on Sunday and Monday. Nick Starling, director of general insurance and health at the ABI, urged people whose property has been damaged by the riots to contact their insurers straight away. "Insurers are working as quickly as they can to deal with claims. However, access to dangerous buildings which are also c...

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