State Farm to Pay Record $5 Billion Dividend to Auto Clients

State Farm Mutual Automobile Insurance Co. will pay a $5 billion cash dividend to its auto-insurance customers after posting strong underwriting profits. The payments average $100 per vehicle, State Farm said in a statement. It’s the largest dividend in the …

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Europe EV Sales Rose 70% in September

Battery-electric vehicle (BEV) registrations in Europe rose 70.3% in September, as high oil prices, subsidies and the availability of more affordable models continued to lead

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