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Two Sentenced for Transporting Stolen ‘Muscle’ Cars to ‘Street Takeovers’

Jul 27 2026 // One man from Baltimore and another from Philadelphia have been sentenced for their roles in transporting stolen motor vehicles as part of a scheme that also involved as many as eight other defendants. The U.S....

Two for One: When Physics and Finance Intersect

Jul 27 2026 // The line between traditional indemnity insurance and parametric solutions is fading. Although carriers have offered both for decades, operational silos kept them separate: indemnity relied on actuarial and loss-adjusting...

Eight Sentenced in $1.2M Travel Insurance Fraud Scheme

Jul 23 2026 // Eight people have been sentenced to prison for their roles in a $1.2 million travel insurance fraud kickback scheme, the U.S. Attorney’s Office, Southern District of Indiana announced. According to court documents,...

Three Tankers Carrying Saudi Crude Make U-Turns in Red Sea After Houthi Warning

Jul 22 2026 // Three oil tankers loaded with Saudi crude for China and India made U-turns in the Red Sea on Tuesday, heading towards the Suez Canal rather than braving the Yemeni coast at the sea’s mouth following a warning from...

Ten Workers Die After India Hydro Project Tunnel Collapses

Jul 21 2026 // At least 10 workers died and more maybe trapped after an under-construction tunnel at a hydroelectric project collapsed in India’s northeastern state of Sikkim. The tunnel at state-run NHPC Ltd.’s 500-megawatt...

Two Dynacom Tankers Attacked off Oman Amid Escalating US-Iran War

Jul 20 2026 // Greek shipping company Dynacom Tankers said two of its managed vessels were hit by projectiles of unknown origin on Monday while sailing off the coast of Oman. The re-escalation in fighting between the U.S. and Iran is...

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