As tobacconist firebombings intensify in Melbourne, nearby stores are being denied insurance
Arson attacks related to illegal tobacco trade are also causing revenue and reputation problems for neighbouring businesses Get our breaking news email , free app or daily news podcast Small businesses located near tobacconists are being denied insurance or priced out of coverage as rising arson attacks turn neighbouring shops into collateral damage. The problem has intensified after a spate of…
Small businesses near tobacconists in Melbourne are facing difficulties in obtaining insurance due to a surge in arson attacks related to the illegal tobacco trade. These attacks are causing not only financial losses but also damaging the reputation of neighbouring businesses.
A recent firebombing incident in Richmond, Melbourne, destroyed a tobacco retailer and nearly a dozen nearby shops, requiring 80 firefighters to contain the blaze. This incident is part of a larger trend of arson attacks that are affecting businesses in the area.
As a result, small businesses located near tobacconists are being denied insurance or are being priced out of coverage, according to The Guardian.
Brief written by urgent.news from The Guardian, The Guardian Australia — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
