News
COUNTRY Financial CEO Bock Plans to Retire in January
COUNTRY Financial CEO Kurt Bock plans to retire early next year, the insurance and financial services group has disclosed. Bock's retirement is effective Jan. 31, 2019, capping seven years as chief ...
Chubb Licenses Duck Creek Technology Software for Global Use
Chubb has licensed Duck Creek Technology software products for use in all of its global business units. Financial terms were not disclosed. Chubb Chief Information Officer Monique Shivanandan said ...
Toyota Reportedly Will Invest $500M in Uber With a Focus on Self-Driving Cars
Toyota Motor Corp. is expanding an alliance with Uber Technologies Inc. through a new investment and a plan to get self-driving cars on the road, said a person familiar with the matter. The Japanese ...
Calif. Proposes Help for Utilities’ Fire-Related Liability Costs
California lawmakers outlined a proposal to help PG&E Corp. and other utilities cope with billions of dollars of potential damages from deadly wildfires that ravaged the state last year. The ...
Internet Trade Groups File Appeal Urging U.S. Court to Bring Back ‘Net Neutrality’ Rules
A coalition of trade groups representing companies including Alphabet Inc, Facebook Inc and Amazon.com Inc, urged a U.S. appeals court to reinstate landmark "net neutrality" rules adopted in 2015 to ...
A Better Mentor Guides Protégés to Make Their Own Career Decisions
Executives often mentor upcoming employees who themselves are on track to become future corporate leaders. In doing so, they would do well to let the protégé set priorities of their career path and ...
Exxon Reportedly Looking to Buy Renewable Energy for Delivery in Texas
Exxon Mobil Corp. has been looking to buy renewable energy for delivery in Texas, according to people familiar with the matter. The largest U.S. oil company sent out a request for proposals with a ...
U.S. P/C Insurance Underwriting Income Reflects a Big Rebound in H1: A.M. Best
The U.S. P/C insurance industry saw its net underwriting income rebound substantially in the first half of 2018, according to a new A.M. Best special report. That number reached $5.3 billion for H1 ...