The National Highway Traffic Safety Administration on Wednesday banned substandard Chinese replacement automobile air bag inflators after 10 fatal crashes, saying they pose a significant risk to American drivers. The U.S. auto safety agency said it was aware of 12 …
Allstate Quarterly Profit Jumps on Sharp Drop in Catastrophe Losses
Allstate reported a jump in first-quarter profit on Wednesday as the property and casualty insurer benefited from a sharp fall in catastrophe losses. Earnings rose