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Insurance brokerage firm $AJG said that it acquired Insurance Plans Agency Inc. (IPA), a retail insurance broker company in South Barrington, Illinois. The financial terms of the transaction were not disclosed. IPA specializes in employee benefits products, including strategic planning, wellness plans and employee communications.
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.