Compiled by our editors with an eye to the quirky and the profound ways in which risk management and insurance impact our world.
Nearly $40 billion was shaved off
bitcoin and Ether market values when
regulators in China ruled digital
currencies were illegal. In the same
news cycle, J.P. Morgan CEO Jamie
Dimon denigrated bitcoin as fraudulent.
The death toll after Mexico’s 8.1
magnitude earthquake reached
96. The earthquake devastated
Chiapas and Oaxaca, home to 9
China recalled 4.86 million
Volkswagen vehicles due to
issues with the Takata Corp
air bags. Sixteen deaths and
180 injuries already link back
to the air bags, which explode
with too much force.
Equifax, a major credit reporting agency,
suffered one of the largest data
breaches in history — one that
compromised Social Security and
driver’s license numbers for 143
In the wake of Hurricane Harvey,
million pounds of chemicals were
released into the Houston water system.
An additional 5 million pounds of air
pollutants were leaked into the sky.
By 2050, Alaska could lose most of its
permafrost to global warming. The
permafrost will produce twice the
amount of carbon dioxide than
what exists today, speeding up the
The air quality index in Spokane, Washington,
reached 300 early in September, marking
the air as hazardous to its citizens. Wildfire
smoke stemming from Montana was to blame.
Syphilis is on the rise after two decades
of dormancy thanks to the heroin and
methamphetamine epidemic. Nearly
24,000 cases were reported in 2015, a
19 percent increase from 2014. A rare case of malaria
baffled doctors in
northern Italy after
a four-year-old died. The origin of
the deadly disease stemmed from
Trentino — a city where malaria has
never been spotted before.
Cryptocurrency holders beware!
From 2013 to 2016, cell phone hacks
targeting cryptocurrency rose
from 1,038 incidents to 2,658. $225
million in cryptocurrency has been
stolen in 2017 so far.
A fire that razed a dormitory
at Moi Girls High School in
Nairobi claimed the lives
of nine girls and left two
students in intensive care.
The CDC is investigating a multi-state outbreak of Campylobacter
infections, linked to puppies sold in the Petland store chain.
Twelve employees and 27 customers have been infected.