LONDON-Companies whose premises were damaged in the anti-capitalist protests that wreaked havoc in the financial district of London on June 18 will be covered by their commercial insurance policies, a spokesman from the Assn. of British Insurers confirmed.
The demonstrations, involving some 5,000 people from various pressure groups, led to ugly scenes in the City of London and countless acts of vandalism against financial institutions, despite many companies' enactment of risk management measures.
But because the incident has not been classified by the police as a riot, insurers have been left unable to claim back losses from the police. If the incident is …
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