Detroit IndyCar double-header races canceled due to coronavirus
Roger Penske has canceled the doubleheader race at Detroit and adjusted the IndyCar schedule Monday as the series remains on hold during the COVID-19 pandemic. Penske told The Associated Press he had no choice but to cancel the two races at Belle Isle because Michigan is under a stay-at-home order and workers cannot begin constructing the track. Penske is the promoter of that race.
Allstate to return $600 million as coronavirus limits driving
A smaller U.S. auto insurer, American Family Insurance in Madison, Wisconsin, also said on Monday that it would return a total of $200 million to auto insurance customers beginning in mid-April. “There are very few silver linings out there, but auto insurance companies are definitely one of them,” said Piper Sandler analyst Paul Newsome about coronavirus. Fewer accidents generally lead to a lower claim frequency and Newsome expects insurance companies with large auto portfolios, such as Progre
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