Based on the news report....twenty-odd million will be paid out by the city of Minneapolis to the Floyd family, because of the death.
Gut feeling? It's just odd that they'd pay this....before the court case.
City having insurance for stuff like this? Yes, but there's usually a deductible situation (maybe the first five-million comes out of the city pocket), and maybe a limit of ten to twenty-million comes from the insurance company.
The curious thing....this kind of mess usually triggers your insurance for the city to go up (won't shock me if the next year's rate will be double).
So, if the court case against the four cops fail (not-guilty)? Well....that presents an interesting situation.
The reaction by city residents? They all can guess that property taxes and fees within the city are going up. Property values? Up. Some suggest seven to ten-percent up over the 2020.
If you were a city policeman looking over this mess? I would imagine that you'd shake your head....view the fentanyl crowd in a pretty harsh negative way, and question why to react to any emergency call that might involve a doped-up guy.
As for the family arguing over the dispersal of the money? Don't worry....lawyers will probably eat up thirty-percent of the money.
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