Vulnerability of Cryptocurrencies a Threat to Businesses

Retailers are increasingly accepting cryptocurrencies as a form of payment for goods and services, but the volatile nature of the currency puts these businesses at risk. The fluctuating value of cryptocurrencies like bitcoin could lead to overnight double-digit increases or decreases in currency value. Bitcoin, the most popular and widely used type of cryptocurrency, saw…

Insuring Santa Claus

From his bustling workshop to his nine loyal reindeer, Santa Claus operates one of the most complex enterprises in the world. That level of global intricacy requires an expert review of risk management strategies. “There are a number of insurance products that I would think Santa would have in place,” said Chris Zoidis, Corporate Executive…

California Utility Accused of Starting Deadly Camp Fire

Recent wildfires in California have resulted in a financial catastrophe that U.S. Interior Secretary Ryan Zinke estimated will cost billions of dollars. Now a lawsuit suggests that one of the state’s largest utilities may be responsible for starting the Camp Fire that killed 86 and displaced 50,000 from their homes in November because of a poorly…

43 People in 12 States Sickened by E. Coli Outbreak

When the Centers for Disease Control (CDC) issued a stark warning just before Thanksgiving about E. coli and romaine lettuce, restaurants and grocers across the country amended menus and pulled the produce from shelves. In the days since that warning, the CDC has said the lettuce is likely safe to eat, as long as it…