Compiled by our editors with an eye to the quirky and the profound ways in which risk management and insurance impact our world.
Carillion, a UK construction giant,
collapsed into liquidation mid-January, leaving lenders facing
losses of up to £2 billion ($2.8 billion).
That high value makes it one of the
costliest corporate insolvencies for
the country in years.
JPMorgan suffered a loss of
$143 million in its fourth quarter
of 2017 thanks to a loan given to
the billionaire backer of Steinhoff
International, a South African
home retailer whose share
values collapsed in December.
Tropical Cyclone Ava struck the
shores of Madagascar, causing the
evacuation of more than
The death toll
33, with 22
The state of Hawaii was thrown into panic when a
government worker accidentally sent a ballistic
missile warning alert. Citizens took shelter and
said goodbye to their loved ones, only to
learn — 38 long minutes later —
the alarm was in error.
Moscow, Russia, experienced
its darkest December yet, going
31 days without seeing the
sun once. The temperatures
dipped as low as - 76 degrees
Fahrenheit in some areas.
Global warming and climate
change are deemed the likely
culprits behind the region’s
abnormally dark winter.
information of 57 million driver and
rider accounts was exposed. Uber
paid $100,000 to the hackers but didn’t
disclose the hack until late 2017. The
company faced backlash from its
actions and fired its CSO.
A recent report found
that decades of lax
oversight left the
to drug dealers
and terrorists who
registered their own planes anonymously
in the country. The Federal Aviation Administration now
faces two outside reviews for the dip in security.
The population of rhesus macaque
monkeys carrying herpes B in their
saliva and other bodily fluids is
growing. While no monkey has
transferred the virus to humans,
scientists warn that the risk is enough
to be a public health concern.
After video surfaced of
hospital workers dropping a
confused woman off at a bus
station dressed in nothing
but her socks and hospital
gown, a Boston-area hospital
is under scrutiny for the
treatment of its patients.
After months of devastating fires, California
faced another destructive disaster: mudslides.
Twenty Montecito residents were killed by
thick mud that
wiped out entire
blocks of their
A bridge in Colombia
collapsed, injuring five
and killing at least nine
roadway workers who were
fixing the 450 meter-long
bridge. The renovation is part of a
country-wide program to make the capital city
of Bogota easier to access.
A listeria outbreak caused a Florida-
based frozen biscuit brand
to recall their products
in 23 states across the
nation, with more soon
to follow after further