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Insurance payouts fall far short of
what's needed to rebuild Twin Cities

Original Article

Posted By: Ribicon, 8/9/2020 11:44:46 AM

Soot darkens the letters on the sign for 7 Mile Fashion, months after rioters torched the Lake Street shopping center where it stands. The store that thrived for 24 years is now a mass of debris. The buildings on either side are boarded, the ruins cordoned off by a chain-link fence. The Ahn family that owns 7 Mile Fashion estimates they lost $2.5 million here and at two other stores attacked on Nicollet Avenue and W. Broadway. Yet insurance will cover just $600,000 because they had not updated their policy in many years.(Snip) More than half of 421 small businesses applying

Comments:

The rioting was fomented and coordinated by Black Lives Matter, to which huge corporations donated tens if not hundreds of millions of dollars. There’s lawsuit target number one. Targets number two and three should be Mayor Jacob and Governor Tim personally, who ordered the police and fire departments to stand down while Peaceful Protestors destroyed the city.

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Reply 1 - Posted by: reefdiver 8/9/2020 11:48:05 AM (No. 504320)
Send the bills to BLM, I understand they have $billions.
53 people like this.

Reply 2 - Posted by: bamboozle 8/9/2020 11:50:57 AM (No. 504324)
I wonder what the Red Star will say when property insurance becomes totally unavailable? What will they say when the stampede of business out of Minneapolis due to lack of insurance becomes unstoppable? What will they say when the loss of business decimates tax revenue? Just saying....
50 people like this.

Reply 3 - Posted by: earlybird 8/9/2020 11:51:44 AM (No. 504326)
Wouldn’t it be interesting to know how many of these troubled businesses are owned by Democrats who have elected the morons running Minneapolis.
59 people like this.

Reply 4 - Posted by: Knotwyrkin 8/9/2020 11:52:01 AM (No. 504327)
It won't matter if they rebuild. The people that can flee will, and you downtown will be decimated for the next 50 years. See "Detroit 1967 race riots".
50 people like this.

Reply 5 - Posted by: earlybird 8/9/2020 11:53:50 AM (No. 504329)
PS When will the insurance companies sue the organizations known to have started this. BLM, Antifa and others with names. That might give them a sense that riots are not a good idea. Even Alinsky said that tactics that drag on too long become a drag. How about a $$$$$$$$$$ drag...
23 people like this.

Reply 6 - Posted by: kewmac 8/9/2020 12:00:43 PM (No. 504335)
A government that can't protect the lives and property of its productive citizens will not long enjoy the support of those citizens.
29 people like this.

Reply 7 - Posted by: Philipsonh 8/9/2020 12:04:14 PM (No. 504341)
I am surprised they got 10 cents in insurance money. The destruction was caused by criminal activity. I guess that I ought to review my policies.
15 people like this.

Reply 8 - Posted by: DVC 8/9/2020 12:04:26 PM (No. 504342)
OP has it nailed. BLM is at fault, sue them out of existence. Two good things - get the damage paid for and wipe out a cancer on America.
33 people like this.

Reply 9 - Posted by: edgar 8/9/2020 12:08:47 PM (No. 504347)
I would bet that most of the small businesses have coverage that excludes damage from 'civil unrest'. So, as the mayor was saying 'insurance will cover it' his ignorance and unwillingness to deploy police assets to shut down the riots and limit the damage will cost his city many small businesses that simply cannot recover.
28 people like this.

Reply 10 - Posted by: chase9365 8/9/2020 12:14:23 PM (No. 504353)
Oh effing well!
9 people like this.

Reply 11 - Posted by: droopydog 8/9/2020 12:18:53 PM (No. 504355)
The city "leaders" allowed the destruction to take place and now they want the evil insurance companies to pick up the tab?
29 people like this.

Reply 12 - Posted by: NYbob 8/9/2020 12:20:06 PM (No. 504357)
There is big difference between ignorant and stupid. ANYONE still defending rats for any political or judicial office is ignorant. They might be leaders in their field of expertise, they might have a successful personal life and one would think they are smart as a result of all that. The problem is they embrace the brainwash. Either from lifelong habits handed down by family and friends or by feeding the envious, vicious, emotional beast within them that is stoked 24/7 by a lying 'news' media and a sarcastic, snarky, hate filled entertainment industry. They either never read 1984 or they can't connect the obvious dots between the warning fiction and today's reality. Same with all objective world history since WWI. THESE fools are the cause of all this destruction. Their constant support of filthy rats put the current urban 'leadership' in charge. Without these criminal leaders, anarchist and the mob of violent losers would never have been able to move beyond a broken window or two. You want to see the real danger to western civilization, look within your family or neighbors who seem to be functioning adults, but are emotionally damaged children when it comes to civics, history or the future.
15 people like this.

Reply 13 - Posted by: whyyeseyec 8/9/2020 12:20:16 PM (No. 504358)
@#5 - Legal action would cost millions. It would be much cheaper for insurance companies to leave and go elsewhere.
12 people like this.

Reply 14 - Posted by: smokincol 8/9/2020 12:37:22 PM (No. 504367)
so now, the logical thinking in these cities is to oust President Donald Trump from office and replace him with a demented, unqualified democrat. Question: when will sharia law become the norm in Minnesota?
17 people like this.

Reply 15 - Posted by: Calico Al 8/9/2020 12:38:53 PM (No. 504369)
You have to wonder how many of these owners donated to the dem party?
16 people like this.

Reply 16 - Posted by: bighambone 8/9/2020 12:46:01 PM (No. 504377)
They say the so-called ignorant “peaceful protestors” who were goaded into perpetrating the rioting, burning out businesses, and looting were home grown residents of Minneapolis and were conducting those criminal activities under the auspices and direction of the Black Lives Matter (BLM) movement that is a Marxist political organization. The right thing for the affected commercial insurance companies to do is for them to band together, in that they have the first class legal representation readily available, and to sue the BLM movement organization that is said to have deep pockets these days, on behalf of their business clients, to recover all the loses from the rioting. If the insurance companies simply accept the loses, you can bet that in the future those insurance companies will effectively “red line” the areas where the rioting occurred by claiming that the future risk is too great for them to offer business insurance there for businesses that decide to rebuild or for new businesses. When I entered the Army over 60 years ago one of the first things that I learned was the you never crap in your mess kit. Obviously the so-called “peaceful protestors” in Minneapolis were never taught that, so they simply destroyed the vital businesses like drug stores and grocery stores that served their “communities” that had nothing to do with the stated genesis for their protesting and rioting. I’m sure that the leftist and liberal Democrats who have run that city for decades will have no problem raiding up the city taxes to as they will say repair the damage, but in reality much of those increased tax monies will end up in Democrat political coffers and in the pockets of Democrat political supporters. It’s up to the local electorate there to get rid of those incompetent Democrat politicians.
19 people like this.

Reply 17 - Posted by: LadyHen 8/9/2020 12:49:55 PM (No. 504383)
#1, never be underinsured. #2 Insurance will be so prohibitively expensive in these areas even if they somehow miraculously rebuild, they won't be able to afford the insurance to be adequately covered. As has been said, those with the means to flee, will flee. That goes for families and companies.
23 people like this.

Reply 18 - Posted by: Are You Serious 8/9/2020 12:59:30 PM (No. 504393)
Minnesota should suffer for what they allowed to happen. Remember people: voting stupidly has real consequences
17 people like this.

Reply 19 - Posted by: stablemoney 8/9/2020 1:06:46 PM (No. 504400)
Best regards to Apple, Google, Amazon, and others for your overcharging us so you could give the money to BLM and Antifa to burn American cities down. Is that your values?
22 people like this.

Reply 20 - Posted by: HPmatt 8/9/2020 1:07:14 PM (No. 504401)
Take that money and move to the South where non-union construction is half the cost. Just leave your ‘progressive’ b/s mindset in MN.
13 people like this.

Reply 21 - Posted by: lostinmassachusetts 8/9/2020 1:09:40 PM (No. 504402)
The minnesotans should have fought back when they had a chance. Now it may be too late to regain their city and state.
6 people like this.

Reply 22 - Posted by: Vaquero45 8/9/2020 1:11:01 PM (No. 504407)
Insurance never pays for everything. Insurance will now become unavailable in Minneapolis, except at very high prices. Minneapolis isn’t coming back. And, since they voted for the morons who stood by and let this happen, they have no one to blame but themselves.
19 people like this.

Reply 23 - Posted by: hotcorner 8/9/2020 1:19:43 PM (No. 504413)
This is how cities are ruined by leftists. They continue to decay, businesses won't invest, middle class and wealthy move out and the spiraling occurs. The politicians blame Trump and anyone they can find. They have no skin in the game and still receive fat pensions and keep their campaign money from the corporations. You're an idiot to vote for the Dems this year. We'll see how smart Minnesotans are in November, won't we?
15 people like this.

Reply 24 - Posted by: Omen55 8/9/2020 1:27:15 PM (No. 504422)
Without major subsidies no Ins Co is gonna charge anywhere near what was charged before this.
5 people like this.

Reply 25 - Posted by: NorthernDog 8/9/2020 1:59:56 PM (No. 504437)
I'd like to see someone knock the snot out of some rioters then just say ''Don't worry - your Obamacare insurance will cover it''.
13 people like this.

Reply 26 - Posted by: seamusm 8/9/2020 2:17:37 PM (No. 504447)
Take it from the Mayor's salary.
3 people like this.

Reply 27 - Posted by: Safari Man 8/9/2020 2:24:21 PM (No. 504452)
It’s Urban Art, just enjoy it for what it is.
9 people like this.

Reply 28 - Posted by: bad-hair 8/9/2020 2:24:49 PM (No. 504454)
As I raise my head slightly above the rim of Minneapolis I find myself staring at Baltimore with a dark cloud of Chicago on the horizon. Minnie, get out now !!! Oh, you can't sell your house ? You baited the trap and then stuck your own foot in it.
4 people like this.

Reply 29 - Posted by: moebellini3 8/9/2020 2:25:13 PM (No. 504455)
Surprised the insurance companies are giving them anything. All of the damage was self inflicted, a suicide. Like Portland, the leaders who the people voted into office allowed the riots to start and become violent. Its sad but when you're a brain dead democratic zombie this is what you get. Stupid has consequences. Got it.
6 people like this.

Reply 30 - Posted by: subal 8/9/2020 2:50:26 PM (No. 504482)
Residents of Minneapolis got the government they voted for! Enjoy the 'Suck"!
14 people like this.

Reply 31 - Posted by: HammerDax56 8/9/2020 2:58:06 PM (No. 504488)
Been working since age 14. Paying my own way. Building my own life. Providing for my family. Paying taxes. Repaying my loans. You broke yours. Do without it. I’ll be dammed if I’m sending a dime to fix a communist temper tantrum. Come and get it.
14 people like this.

Reply 32 - Posted by: jeffkinnh 8/9/2020 2:58:51 PM (No. 504489)
Even if they get insurance payments, what moron would rebuild in an area prone to riots and with local and state government that does nothing to protect property. This happens over and over, that areas having undergone a riot become economic dead zones, places where cabs won't go.
7 people like this.

Reply 33 - Posted by: Ribicon 8/9/2020 3:22:26 PM (No. 504497)
The governments that sided with the rioters will accuse insurance companies of redlining, and compel them to write “affordable” policies in Bde Sbip B’du or else lose their licenses to do other business statewide. The insurers will then spread the costs out to everyone else, in the usual way. We’re supposed to say this is a free market.
3 people like this.

Reply 34 - Posted by: Ketchuplover 8/9/2020 3:23:22 PM (No. 504499)
The Strib ran an article yesterday about how there is a shortage of lake homes for sale that are 2-4 hours north of the Twin Cities. It seems that those who can, are looking for a place away from the Twin Cities but still close enough to return to, if necessary. One requirement of the lake home is that it has strong internet so they can work from home. The article stated that many who are seeking these lake homes intend to keep their Twin City home, but just don't want to spend much time there anymore. My guess is that it's a seller's market when it comes to lake homes, but a buyer's market in the Twin Cities.
5 people like this.

Reply 35 - Posted by: Rumblehog 8/9/2020 3:42:45 PM (No. 504506)
Sue the Mayor and City Council for the balance.
2 people like this.

Reply 36 - Posted by: PIApilot 8/9/2020 4:16:46 PM (No. 504523)
I have sympathy for these business owners, but part of running a business is making sure your insurance is at the proper level. This falls into the category of self inflicted injury.
2 people like this.

Reply 37 - Posted by: TJ54 8/9/2020 4:49:36 PM (No. 504537)
Tough. Send the bill to the Biden campaign and the DNC
6 people like this.

Reply 38 - Posted by: XCenturion 8/9/2020 6:32:00 PM (No. 504636)
Ah, my heart bleeds. Should have elected officials that support the police and this country. Next time think before you vote for a Democrat (Socialist). Gee, I wonder (George Soros) who keeps funding these anarchists?
3 people like this.

Reply 39 - Posted by: udanja99 8/9/2020 7:01:43 PM (No. 504656)
Should have thought of that before you encouraged the rioting, mayor. Enjoy the s@ck!
2 people like this.

Reply 40 - Posted by: pensom2 8/9/2020 8:02:36 PM (No. 504693)
Welcome to Mogadishu, Minnesota. Who was that black President who kept bringing Somalian refugees into our country and sending them to Minnesota?
7 people like this.

Reply 41 - Posted by: Strike3 8/9/2020 8:05:38 PM (No. 504694)
What a shame. The insurance companies aren't about to send checks for complete rebuilding when there is no assurance that it will not happen again one week after the rebuilding is completed. The poor wittle teens now have nowhere to shop(lift).
2 people like this.

Reply 42 - Posted by: JHHolliday 8/9/2020 9:19:01 PM (No. 504731)
The businesses may come back but I assure you the insurance companies will not. Now people who have deliberately underinsured themselves or gone entirely without are asking for tax payers to bail them out and demonizing the insurance companies. An insurance policy is a legal contract between two willing partners. It is what it is and both parties have to adhere to the terms of the contract. Any attempt by the state to abrogate those contracts will convince the companies to give up their licenses In Minnesota completely. It’s not worth it to be forced to lose money at the whim of communist mayors or governors. I have seen this before In California. If it becomes untenable to make a profit because of political grandstanding then the companies say to hell with it and leave.
2 people like this.

Reply 43 - Posted by: Tet Vet 68 8/9/2020 9:29:08 PM (No. 504735)
Too bad, so sad, suck it up because rest of America will not pay.
2 people like this.

Reply 44 - Posted by: ColonialAmerican1623 8/10/2020 2:18:25 AM (No. 504847)
Nobody likes insurance until they want a check for damages. Not sure I am buying their excuses unless MN is too stupid to require higher amounts. Locally, a friend who had a tiny storefront, said she was required to have a million in liability insurance to rent the space. When the insurer doesn't pay, they will look to the state. The state will start whining for federal money. Our money. There are a lot of insurance companies with their HQ in MN. Guess they will be moving out too. Remember when the bridge collapsed ? This is strike two. Good time to check your insurance policies. Go to "limitations and exclusions" first.
1 person likes this.

Reply 45 - Posted by: StrikingViking 8/10/2020 10:49:05 AM (No. 505200)
The "President Biden" sock puppet will send trillions of working American's tax dollars to the hell-holes burned out by Obama's shock troops. They'll make the Trump voters pay for the damage wrought by the Biden voters.
1 person likes this.

Reply 46 - Posted by: FunOne 8/10/2020 5:27:45 PM (No. 505633)
The destroyed inner cities of these democrat nests will become monuments to the liberal utopian concept. In their decay they can serve as a reminder of democrat leadership.
0 people like this.

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31 replies
Posted by MissMolly 8/9/2020 5:10:45 AM Post Reply
Hillary Clinton leveled a jocular broadside against New York Times columnist Maureen Dowd on Saturday, pointing out that the writer appeared to forget wholesale that Clinton chose a man to run as her vice president during the 2016 election. Writing on the 1984 vice presidential candidacy of Geraldine Ferraro ahead of Joe Biden's announcement of a female running mate, Dowd in a Saturday column wrote that it had been "36 years since a man and a woman ran together on a Democratic Party ticket." That claim ignored the 2016 presidential election,
Sioux Nation will block
bikers headed to Sturgis rally,
citing coronavirus concerns
30 replies
Posted by MissMolly 8/10/2020 4:18:39 AM Post Reply
A convoy consisting of thousands of bikers headed for a South Dakota rally will not be allowed to cross Cheyenne River Sioux checkpoints on their way to the event, according to a Native American spokesman. The spokesman said Saturday that the band of travelers would be stopped on their way to the Sturgis Motorcycle Rally, in the name of preventing coronavirus from spreading any further. The seven tribes that make up the Sioux Nation are now in a fight with federal and state officials, who deemed such checkpoints to be illegal.
Mayor Lori Lightfoot Lashes Out at President
Trump — Says National Guard Not Needed
After Looters Ransack Downtown Chicago,
Attack Police for 5 Straight Hours (Video)
28 replies
Posted by Imright 8/10/2020 11:46:21 AM Post Reply
A security guard was shot in Chicago as widespread violent rioting and looting overwhelmed the city.The rioting began on Sunday evening in response to a black man who was shot by police after reportedly shooting at them first.The guard, who has not yet been identified, is said to be in stable condition. (Tweets) Thousands of people were looting luxury stores, with many boldly livestreaming their felonies. It would be difficult to overstate the absolute chaos and mayhem that took place in the city overnight.
Antifa gets WRECKED in Colorado
neighborhood: ‘You guys came to the
wrong city, boys and girls’
28 replies
Posted by Imright 8/9/2020 5:10:09 PM Post Reply
While it’s certainly easy picking on and beating up elderly people, one group of black-clad Antifa and Black Lives Matter extremists just learned the hard way that it ain’t so easy picking on and beating up grown, die-hard American patriots.During a pro-police rally Saturday in Fort Collins, Colorado, a contingent of left-wing extremists reportedly showed up and stepped into the neighborhood across from the Fort Collins Police Services building where the rally was being held.In response, the rallygoers apparently rushed into the neighborhood and chased the extremists right out, but not without first treating them to some fist sandwiches.Watch (*Graphic content): (Tweet/Video)
LIVE COVERAGE: Widespread damage
reported throughout Chicago after
night of looting
26 replies
Posted by JoElla Bee 8/10/2020 9:02:13 AM Post Reply
CHICAGO — Widespread damage is reported throughout Chicago after looting and rioting began around midnight Monday. Witnesses report hundreds of people smashing their way into stores throughout Michigan Avenue, areas in the South Loop and the near North Side. WGN’s Judy Wang was on the scene early and reported seeing people filling trash bags with merchandise. She also saw crowd trashing the streets outside the stores and turning over garbage cans.
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