The Riot Compensation Bill is a House of Commons private member’s bill introduced by Mike Wood (Conservative MP for Dudley South) and sponsored in the House of Lords by Lord Trefgarne (Conservative). It completed its House of Commons stages on 5 February 2016 and received its first reading in the House of Lords on 8 February 2016. The Bill is due to be read a second time on 26 February 2016. The Bill’s aims are set out in the explanatory notes as follows:
The Bill repeals the Riot (Damages) Act 1886 and creates a new scheme which allows compensation to be claimed for property that is damaged, destroyed or stolen in the course of a riot. Claims for compensation may be made in respect of property that was not insured, or was not adequately insured, against such loss or damage. The Bill also allows an insurance company which has settled a claim in respect of loss or damage to property during a riot to reclaim the compensation they have paid out.