As tobacconist firebombings intensify in Melbourne, nearby stores are being denied insurance

Rising arson attacks linked to the illegal tobacco trade are forcing nearby small businesses to face soaring insurance costs or outright coverage denials, as fires increasingly target neighboring shops. The escalating violence has led to devastating incidents, including a recent blaze in Melbourne that destroyed a tobacco retailer and damaged multiple surrounding businesses, prompting an emergency response from firefighters. With insurance providers tightening policies, local merchants are caught in the crossfire, struggling to protect their livelihoods amid the fallout. The trend raises concerns over both financial survival and the broader reputation of affected commercial areas.

Arson attacks related to illegal tobacco trade are also causing revenue and reputation problems for neighbouring businessesGet our breaking news email, free app or daily news podcastSmall 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 firebombings, which includes a recent Melbourne blaze that destroyed a Richmond tobacco retailer and nearly a dozen neighbouring shops, requiring 80 firefighters to contain. Continue reading...