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$XL said its North America Aviation insurance business has increased its aircraft hull & liability limits by 50% in U.S. & Canada. $XL's hull policy limits now rose to $75MM from $50MM & liability limits rose to $750MM from $500MM. This expansion of limits also applies to $XL's Aircraft Products & General Liability offerings placed on a 100% basis.
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.