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$CB reported 1Q16 Global P&C net premiums written, excluding agriculture, were down 1% in constant dollars. For North America, including commercial P&C business, agriculture and personal lines, net premiums written were down about 1.8%. Net premiums written for Global Retail P&C business were up nearly 4%.
$GOOG’s Waymo accuses Uber of stealing its intellectual property. Startup Otto, which was recently acquired by Uber, also named in the lawsuit. Stage set for another dramatic legal battle!
We all knew $VALE CEO Murilo Ferreira was going out soon, but now I hear he has no idea who will succeed him!
$JCP, another traditional retailer that just shocked us with its biggest number of store closures.