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$CB's gross premiums written for 1Q16 increased to $7.39Bil from $5.32Bil in the previous year quarter. Net premiums written rose to $5.995Bil from $4.076Bil last year and net premiums earned grew to $6.6Bil from $3.93Bil in the prior year quarter.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.