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$UIHC said it has appointed Scott St. John as its Chief Claims Officer, effective Aug. 22, 2016. St. John will be responsible for directing and leading all aspects of the company's claims operations. Most recently, St. John served as the Eastern Property Field Zone Leader for Farmers Insurance Group.
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.