Investors in a catastrophe bond targeting Mexico are betting they’ll be spared losses as Hurricane Polo looks set to avoid landfall as a dangerously destructive storm. “I’d never say never,” said Florian Steiger, chief executive of Zurich-based cat-bond manager Icosa …
Report: 1 in 4 Taxis, Rideshare Vehicles Have Unfixed Recalls
More than one-in-four taxi and rideshare vehicles had at least one unfixed recall, according to an analysis across 16 major U.S. cities. That rate was