Insurance investigators believe
organized criminals are behind an
epidemic of false food-poisoning
claims from British tourists.
Hoteliers on the island of
Majorca alone have paid out
$53 million from such claims.
The co-owner of Diamond Pharmacy faces prison
time and must pay $18.5 million in restitution
after billing insurers $17 million for unnecessary
opioid-laced cream that caused
the death of one patient.
Manufacturer Sabrett has recalled more
than 7.1 million pounds of hot dogs,
A Texas company is voluntarily
recalling its AMPT Coffee after the
on the label
in Viagra and
Three contract workers
succumbed to toxic
gas poisoning while
working for a private
with fixing a
The men had
climbed into a 15-foot deep hole,
where a mix of hydrogen sulfide
and methane gas waited.
A dozen inmates escaped prison by using peanut butter to
trick a newly employed officer. The prisoners smeared the
spread over the cell numbers to skew
readability, then had the officer open
the outside door, claiming it was
The British Museum recently made
public the loss of a £750,000 Cartier
diamond ring. The ring has been
missing since 2011, prompting an
outcry over the museum’s lack of
The father-daughter team behind Big Daddy’s
Cigar Lounge swindled $273,954 from
injured workers with the promise
of placing the funds into a
Medicare set-aside. Instead,
the pair invested in their
Exxon Mobil Corp. will pay a
$165,000 fine after nine safety
violations were discovered following
a refinery explosion.
Compiled by our editors with an eye to the quirky and the profound ways in which risk management and insurance impact our world.
The CIA determined it could take
North Korea under a year to
produce a missile that will reach
the continental U.S. This estimate
comes after North Korea tested
a missile reaching 2,200 miles
into space and returning at high
speed in late July.
The continued political
upheaval in Venezuela could
prove a $10 billion threat
to the U.S. oil companies. A
proposed embargo on oil would
staunch trade between the U.S. and its third
found a huge
fault line near
to the one behind the
2011 tsunami, which killed more than
15,000 people in Japan.
On opening day of the Ohio State Fair,
a section of a high-speed ride came
loose, sending riders flying. Seven
people were injured, and a teenager died
on impact 50 feet from the ride.
In a case of fishing — rather than phishing—
hackers attempted to steal data from a North
American casino by compromising its internet-connected fish tank. Data was sent to a device in
Finland before the threat was halted.