Auto

Auto insurers face bumpy road ahead

Allstate reported this week that its property-liability combined ratio increased to 95.7 in the second quarter, nearly six points higher than during the same quarter last year. This ratio rises as underwriting losses and expenses become a greater percentage of premiums collected—not what investors want to see. The uptick was aided by increasing auto-accident frequency relative to very depressed levels during the pandemic.

Ford offering voluntary buyouts

Ford Motor Co. is offering early buyouts to some U.S. workers ias it works to transform its automotive operations.

Toyota reports record profit amid pandemic, keeps forecasts

While the pandemic has dented sales and demand in some global businesses, Toyota appears to be roaring back. Uncertainties remain such as the global shortage of semiconductors that’s slammed the auto industry, as well as effects of COVID-19.

The Zen of the Olympic Bullpen Cart

Pitcher Jeremy Bleich was lathered up in the bullpen, and he needed to relax. The reliever for Team Israel had just warmed up at Yokohama Stadium to face the U.S., and his mind was racing with thoughts of the game-winning run he allowed in a crushing extra-inning defeat the night before.