Global carmakers have booked some $55 billion in writedowns in the past year as they scale back electric vehicle ambitions on a tough U.S. market under President Donald Trump, price wars in China and a more complex mix of vehicle …
Hail A Growing Loss Driver on Rising Tide of Severe Convective Storm Risk, Allianz Says
Hailstorms drove record insured damages as severe convective storms become more common and damaging, popping up in new places, a new report shows. Read the