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Its revenues come mainly from life insurance, group benefit plans, and wealth management. Its ability to cross-sell its older client base on high-margin financial products gives the company a reliable source of long-term income. If interest rates stay somewhat higher than they have been over ...
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General Motors’ self-driving car unit is Cruise Automation, acquired for $1 billion in 2016. It will start self-driving tests this year in New York, which created strict rules for such cars last year. Kyle Nakatsuji, CEO of Clearcover, a Chicago-based auto insurance start-...
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