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Greenwich, Connecticut-based $WRB said for the Insurance segment, premiums increased 5% to almost $1.5Bil. The growth was led by a 15% increase in the company's other liability business. Professional liability was up about 8%, while workers' compensation, commercial automobile, property and other short-tail lines were relatively flat QoverQ.
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.