The S&P 500 rose 0.2% this week, marking its sixth-straight weekly increase, the longest such winning streak in about four years. The index stands at its highest closing level since March 2022.
Insurers plan performance-linked battery cover as EVs gain traction
Insurers are adapting motor insurance for electric vehicles (EVs) to address battery-related risks, a major EV cost component. Performance-linked battery failure coverage is being developed,